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US SUBPRIME CRISIS ONLY HAS MINIMAL IMPACT ON M'SIA BANKING OPS (Bernama via Yahoo! Malaysia News) DETROIT (Michigan), May 16 (Bernama) -- The US sub-prime crisis has minimal effect on the Malaysian banking operations, profitability and solvency, International Trade and Industry Minister Tan Sri Muhyiddin Yassin said yesterday.
New study finds mobile banking is a major priority for U.S. banks (Market Watch) NEW YORK (MarketWatch) -- Now that online banking has been around for more than a decade, and widely accepted by customers, banks are turning their attention to taking the show on the road.
Woman the talk of banking world (TVNZ) The most powerful woman in Australian banking has been portrayed as both dragon slayer and dragon in the biggest week of her meteoric career. Nine months ago Gail Kelly was the boss of the nation's fifth-ranked bank, St George.
More banking mergers predicted (Sun-Sentinel) The head of the nation's largest consumer bank said Thursday the country's economic downturn will accelerate consolidation across the banking industry.
Banking group Mizuho sees 50 percent profit drop (AP via Yahoo! News) Mizuho, Japan's No. 2 banking group, took a beating from U.S. subprime credit problems, reporting Thursday a 50 percent drop in profit for the fiscal year.
London Job Seekers Outnumber Banking Positions, Survey Says (Bloomberg.com) About 11,840 people were looking for banking jobs in April, up 20 percent from the month before, Morgan McKinley said in its monthly report. They outnumbered the 8,946 finance jobs advertised, the survey said, as job postings rose 10 percent from March.
BNP chief abandons targets for investment banking (Financial Times) Baudouin Prot, chief executive of BNP Paribas , France's largest bank, on Wednesday abandoned targets set this year for its investment banking business, saying "visibility" was too low given challenging financial market conditions.
Economy quickens banking mergers (The Myrtle Beach Sun News) The head of the nation's largest consumer bank said Thursday the country's economic downturn will accelerate consolidation across the banking industry. But Bank of America Corp. Chief Executive Ken Lewis said he doesn't expect a spike in bank failures similar to that of the late 1980s and early 1990s. Instead, he said, the current risk and losses are spread over more players, meaning "we will ...
Nigeria: Unity Bank Restates Commitment to Excellent Banking Services (AllAfrica.com) The management of Unity Bank Plc has restated its commitment to the ideals of excellent and time-tested banking services in order to maximally protect the resources of depositors.
German banking regulator rejects blame (Financial Times) The financial crisis could still worsen and spill into the real economy this year, Germany?s top banking regulator has warned, denying it could have done more to head off the problems encountered by some of the country?s banks.
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