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Digital bank startup Xinja has received its Australian Credit Licence (ACL) from the Australian Securities and Investments Commission (ASIC). The licence will enable Xinja to offer home loans to its customers as it plans to start this...
MarketLine, 2:18pm ET

Land Bank of the Philippines has posted P14.05 billion in net income for 2017, 4% higher than the P13.58 billion net income in 2016. Core revenues increased at double-digit rates. Income on loans rose by 12% to P26.8 billion in 2017 from...
MarketLine, 2:18pm ET

HSBC has said its Swiss private bank may have to pay as much as $1.5bn in fines to settle multiple allegations of tax dodging, money laundering and unlawful cross-border banking solicitation. The UK-based lender said that it is currently...
MarketLine, 2:18pm ET

Metro's asset finance lending has grown 39% in 2017, reaching AGBP228m (258m). Total gross lending for the bank grew to AGBP9.6bn, up 64%. Commercial customers represented a third of the lending.Revenues grew by half over the year,...
MarketLine, 2:18pm ET

Varo Money, Mobile banking startup, has announced the hire of Carl Gish as Chief Marketing Officer. Gish is a marketing and general management executive with more than 20 years of experience across well-known, high-growth consumer brands...
MarketLine, 2:18pm ET

Evans Bancorp, a community financial services company serving Western New York since 1920, has announced that Lee Wortham has been elected to serve as its next Chairman, effective April 1, 2018, and Oliver Sommer was selected to serve as Vice...
MarketLine, 2:18pm ET

NatWest has announced that it's in advanced testing of an AI powered 'digital human', which could in future be used as an additional way for customers to get answers to basic banking queries. The bank, has since the start of 2017,...
MarketLine, 2:18pm ET

Latvia's troubled ABLV Bank, which U.S. authorities accused of involvement in money laundering schemes and bribery, is likely to be liquidated as the European Central Bank has determined that the bank is failing or likely to fail, the Baltic...
Xinhua, 1:03pm ET

SmarTrend identified an Uptrend for Ofg Bancorp (NYSE:OFG) on November 21st, 2017 at $9.25. In approximately 3 months, Ofg Bancorp has returned 21.08% as of today's recent price of $11.20. Ofg Bancorp share prices have moved between a...
Comtex SmarTrend(R), 5:03am ET

SmarTrend identified an Uptrend for Pac Contl Corp (NASDAQ:PCBK) on August 23rd, 2016 at $16.06. In approximately 18 months, Pac Contl Corp has returned 74.35% as of today's recent price of $28.00. In the past 52 weeks, shares of Pac...
Comtex SmarTrend(R), 4:48am ET

The quantity of dirty and unfit naira notes in circulation and scarcity of small denominations of N10, N20, N50 and N100 notes, is becoming a major concern to Nigerians, especially those engaged in commercial transactions. These days,...
All Africa Global Media, 4:08am ET

Barclays' corporate and investment banking division reported AGBP127m (143m) in impairments for the fourth quarter of 2017, which it said & largely reflected a single name corporate charge. Barclays confirmed that Carillion accounted...
MarketLine, 2:18pm ET

Context Capital Partners, a alternative investment specialist firm, has announced the appointment of Arun Gowda as a Managing Director and Head of Business Development. In the new role, Gowda will focus on developing and managing new...
MarketLine, 2:23pm ET

The European Central Bank's (ECB's) audited financial statements for 2017 show that the net profit increased by 82 million, to 1,275 million, mainly as a result of higher net interest income earned on the US dollar portfolio and the asset...
MarketLine, 2:18pm ET

ANZ has announced the appointment of Kevin Corbally as Chief Risk Officer, reporting to Chief Executive Officer Shayne Elliott. Mr Corbally joined ANZ in 2009 and is currently Group General Manager Internal Audit after having previously...
MarketLine, 2:18pm ET

Santander Consumer USA, a Dallas-based auto financing arm of banking giant Santander, has reached a settlement with Connecticut Banking Department for alleged violations involving the repossession of motor vehicles. Under the terms of the...
MarketLine, 2:18pm ET

Barclays has reported a pre-tax profit of AGBP3.54bn for the full year ended December 2017, an increase of 10% compared to AGBP3.23bn reported a year ago. The banking group posted attributable loss of AGBP1.92bn in 2017, as against...
MarketLine, 2:18pm ET

China's banking regulator has cut red tape for foreign banks. The China Banking Regulatory Commission has revised rules for foreign banks, scrapping approval procedures for four items including overseas wealth management products and...
Xinhua, 7:23am ET

China's banking regulator has cut red tape for foreign banks. The China Banking Regulatory Commission has revised rules for foreign banks, scrapping approval procedures for four items including overseas wealth management products and...
Xinhua, 5:53am ET

Standard Life Aberdeen's 2017 results saw the group's reported adjusted pre-tax profit rise to £492mln, up from £385mln in 2016, with pro forma fee-based revenue slipping slighting to £1.8912bn from £1.920bn. The updates mark a boost...
University Wire, 3:08am ET

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