by Nehad Kenanie | Mar 1, 2017 | Financial Results, UK, Uncategorised
(28 February 2017 – United Kingdom) Royal Bank of Scotland (RBS) reported a sharp rise in losses as higher misconduct charges and restructuring costs underscored the challenges facing the lender nine years after it was bailed out in the world's biggest bank...
by Nehad Kenanie | Mar 1, 2017 | Asia, Business Development & Expansion, Mergers & Acquisitions, Uncategorised
(28 February 2017 – Asia) Singapore’s largest domestic bank, DBS Group is expanding its wealth management business and expects the segment will account for as much as a fifth of its revenues in a few years as it capitalises on a trend of Asia growing...
by Nehad Kenanie | Mar 1, 2017 | Australia, Executive Changes, Uncategorised
(27 February 2017 – Australia) Former NSW premier Mike Baird has been appointed head of National Australia Bank's (NAB) corporate and institutional banking division. Starting the new role in April, Baird will reignite a banking and finance career that...
by Nehad Kenanie | Mar 1, 2017 | Asia, China, Foreign Exchange, Investment, Regulatory & Government, Uncategorised
(28 February 2017 – Hong Kong) China has announced that it will ease rules on offshore institutional investors hedging currency risks in the domestic forex market. The move aims to address a major hurdle that has deterred foreign investors from buying...
by Nehad Kenanie | Feb 24, 2017 | Australia, Investment, Regulatory & Government, Uncategorised
(24 February 2017 – Australia) The Queensland Treasury Corporation (QTC) has commissioned Bank of America Merrill Lynch, ANZ and National Australia Bank to execute its first ever green bond issuance.Treasurer and Minister for Trade and Investment, Curtis Pitt,...
