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China regulator delivers $72 million fines for a bank's illegal lending

China'stopbankingregulatorhasfinedaChengdubranchofShanghaiPudongDevelopmentBank(SPA)462millionyuan(about72.19millionUSdollars)forofferinghugecredittobogusfirms,

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Pakistan bank faces $629mn penalty in the US

Pakistan'slargestprivatebankisfacinga$629millionpenaltyintheUnitedStatesoveraccusationsofnon-compliancewithfinancialstandardsandpracticesatitsNewYorkbranch.HBL,

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26 injured in Melbourne's bank fire

​A total of 26 people were injured, six of whom were seriously burnt, in a fire at a bank in Australia's second largest city of Melbourne on Friday.

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Small notes ATM starts service in E China city

An Automatic teller machine (ATM) in east China's Jiangsu Province will now provide small denomination notes, claiming to be the first in the country to offer such a service.

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IS claims responsibility for attack on Iranian ambassador's residence in Libya

​The Libyan branch of the Islamic State (IS) on Sunday claimed responsibility for attack on Iranian ambassador's residence in the Libyan capital Tripoli.

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DBS Bank wins approval to start operations in Shanghai FTZ

DBS Bank, a Singapore-based financial multinational, said Thursday that its sub-branch in the Shanghai Pilot Free Trade Zone (FTZ) has won approval to start operations.