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Biggest Nordic bank Nordea to cut 6,000 jobs

Nordea,thebiggestbankintheNordicregion,saidThursdayitwouldslash6,000jobstoimprovecompetitivity,asitpostedasix-percentdropinthird-quarternetprofitduetohistorical

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China: This financial push is for real

Theeconomicsectorthatproducesgoodsandservicescoastsoninnovativehelpfromcommercialbanks,otherfinancialinstitutionsOutsidetheambitofcorporatespotlights,withoutsee

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This financial push is for real

Theeconomicsectorthatproducesgoodsandservicescoastsoninnovativehelpfromcommercialbanks,otherfinancialinstitutionsOutsidetheambitofcorporatespotlights,withoutsee

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Applying for a credit card? Please take a selfie

Theselfieiseverywhere–Facebook,Instagram,Twitter–andsoonyourbankcouldbeaskingforoneinordertoapproveyourpurchaseorcreditcardapplication.PaymentprocessinggiantVis

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Goldman Sachs CEO touts Frankfurt for post-Brexit banking

GoldmanSachschiefexecutiveLloydBlankfeintooktoTwitterThursdaytotoutFrankfurt's"great"weatheramongotherattributes,butstoppedshortofnamingtheGermancityasapost-Bre

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Investigators from Taiwan arrive in Sri Lanka to probe bank hacking link

ByAPDwriterEaswaranCOLOMBO,Oct.12(APD)--AteamofinvestigatorsfromTaiwanarrivedinSriLankatoprobeaSriLankanlinktothehackingofabankinTaiwan,thepolicesaidonThursday.

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China announces targeted RRR cut for inclusive financing

China'scentralbankSaturdayannouncedatargetedreserverequirementratio(RRR)cuttoencourageinclusivefinancingatcommercialbanks,suchascreditsupportforsmallandmicro-si

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Japan's MUFG sells entire stake in Malaysia's second largest bank

MitsubishiUFJFinancialGroupInc(MUFG),Japan'slargestbankbyassets,hassolditsentirestakeof412millionsharesinMalaysia'ssecondlargestbankCIMBGroup.CIMBtoldMalaysia's

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What happened at Habib Bank in New York?

TheGrandCentralTerminalinNewYorkis,bysomemeasures,thelargesttrainstationintheworld,covering48acresintheheartofmidtownManhattan,with44platformsserving56tracks–mo

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Review: Bank of England's present echoes in past

ThedebatesthatswirlaroundtheBankofEnglandtodayhaveechoedthroughoutitspast.Familiarthemesrecurin“TillTime’sLastSand”,DavidKynaston’smagisterialhistoryofthe323-ye

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Bank BNP Paribas loses £35m UK tax avoidance case

FrenchbankBNPParibashaslostacaseintheUKwhichhasseenitpayback£35mintax.AtribunalruledinfavourofHMRC,whichsaidthebanktriedtouseataxavoidanceschemeinvolvingsharedi

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ECB to start laying groundwork for stimulus exit

EuropeanCentralBankPresidentMarioDraghiissettostartlayingthegroundworkforacutinmonetarystimuluswhenpolicymakersmeetonThursday.AccordingtoReutersreport,itislikel

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Google’s Transformer solves a tricky problem in machine translation

Machinelearninghasturnedouttobeaveryusefultoolfortranslation,butithasafewweakspots.Thetendencyoftranslationmodelstodotheirworkwordbywordisoneofthose,andcanleadt

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51 bankers, businessmen on trial in Vietnam for fraud

Aformerbankingmagnateand50otherswentontrialinVietnamMondayoveramulti-milliondollarfraudatamajorprivatebank,asthecommunistnationcracksdownoncorruptioninthesector

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Chief of Australia’s biggest bank to retire amid laundering scandal

The chief executive of Australia's biggest bank, the Commonwealth Bank of Australia, will retire by the end of 2018 financial year, the company said Monday, amid pressure from regulators over alleged breaches of money laundering and terrorism financing laws.

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Foreign investors allowed to keep 20-85 pct stake in infrastructure bank

Nepal'scentralbankonFridayunveiledalicensingpolicyfortheestablishmentofinfrastructuredevelopmentbanksinthecountrybyopeningthedoorforforeigninvestorstokeep20-85p

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Over a million bank employees in India to go on nation-wide strike

OveramillionbankemployeesinIndiawillgoonaone-daynation-widestrikeonAug.22.TheAllIndiaBankEmployeesAssociation(AIBEA),whichrepresentsninebankunions,hascalledthes