Whenitcomestoprofitabilityandgrowthinthebankingsector,Africaranksnumbertwointheworld,accordingtoanewreport.Infiveyears,thenumberofbankedAfricanshasrisenbythree-
Thisyearmarksthe40thanniversaryofChina’sreformandopeningup.Theworld’ssecondlargesteconomyhasseenaremarkabletransformationinitsfinancialsystemeversince.Thepastfo
China'sbankingregulatorhascutredtapeforforeignbanks.TheChinaBankingRegulatoryCommissionhasrevisedrulesforforeignbanks,scrappingapprovalproceduresforfouritems,in
China'stopbankingregulatorhasfinedaChengdubranchofShanghaiPudongDevelopmentBank(SPA)462millionyuan(about72.19millionUSdollars)forofferinghugecredittobogusfirms,
China'sbankingregulatorsaiditwilltightenregulationsinthebankingsectorthisyearinamovetodefusefinancialrisks.PrioritiesoftheworkwerelistedinastatementoftheChinaBa
JPMorganChasereportedthird-quarterearningsonThursday,anditbeatWallStreetestimates.Thebankpostedearningsof$1.76ashare,abovethe$1.65consensus,withtheconsumerandco
China'stopbankingregulatoronFridaywarnedsurgingconsumerloansmayposepotentialriskstothecountry'slendingsystem.Italsocautionedagainstafastriseinconsumerleveragera
China's top banking regulator will guide banks to reduce unnecessary charges worth over 44 billion yuan (6.5 billion US dollars) for their clients, and take new measures to prevent and control risks in the banking sector.
China'stopbankingregulatorwillguidebankstoreduceunnecessarychargesworthover44billionyuan(6.5billionUSdollars)fortheirclients,andtakenewmeasurestopreventandcontr
Singapore'sbankingregulatorhastoldlendersitwilldelaybyayeartheimplementationofglobalrulesdesignedtoreinintradingrisks-thelatestsignthatthepost-crisisoverhauloft
The National Bank of Ukraine (NBU) expected that the country's banking system will recover from the ongoing crisis next year, a senior bank official said here on Thursday.
China is further tightening risk management regulations on the banking industry and stepping up efforts to build and improve a comprehensive risk management system.
The Cabinet of Japanese Prime Minister Shizo Abe adopted bills Friday aimed at regulating virtual currency businesses and allowing banking groups to invest in the financial technology sector.
Global credit rating agency Moody's on Tuesday said the Sydney and Melbourne housing markets are key risks facing Australia's banking system.
A routine traffic stop test for alcohol use led to the uncovering of an international fraud syndicate involving a global banking giant.
More and more Americans are using mobile phones to access bank accounts, credit cards, or other financial accounts in 2014, according to a report released by the Federal Reserve on Thursday.
Smartphone banking registration in South Korea jumped 30 percent in 2014 in tandem with growing usage of smartphones, central bank data showed Wednesday.
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