Consumer lending underpins strong Q4 in US
(27 January 2004 – USA) Major banks in the US have reported strong fourth quarter profits built primarily on increased consumer loan demand.The largest of these, Citigroup, said […]
(27 January 2004 – USA) Major banks in the US have reported strong fourth quarter profits built primarily on increased consumer loan demand.The largest of these, Citigroup, said […]
(15th January 2004 – Europe) Morgan Stanley has been ordered to pay a fine of 30 million euros (A$49 million) after the American bank was found guilty of […]
(Australia) ANZ has become the latest Australian bank to find itself targeted by an email scam after a website based in China tried to tempt customers into providing […]
(Europe) Deutsche Bank chief executive Dr Josef Ackermann is set to face trial in Germany for rubberstamping huge bonuses for managers at a company for which he acted […]
(Australia) National Bank of Australia has moved to dampen rumours in the market place that the bank has a large exposure in South Korea.”There are no lending exposures […]
(Australia) A man who robbed $623,426 by placing a skimming machine in ATMs belonging to Commonwealth, St George and Westpac banks has pleaded guilty in the NSW District […]
(Vietnam) A Vietnamese banker has been executed by firing squad for his role in fraudulently obtaining government loans worth US$200 million, according to English language, state-run daily Vietnam […]
(China/Hong Kong) Bank of China’s Hong Kong unit has come under scrutiny following its dealings with tycoon Zhou Zhengy, who is currently under house arrest for alleged questionable […]
(Australia) – In a week that has seen stockbroker Rene Rivkin begin nine months of periodic detention for insider trading, the Federal Government has warned that investment banks […]
(Sydney, 26 May 2003) – In a stunning show of ignorance, corporate Australia and Asia confess to having little or no view of Basle II’s impact on their […]