Latest News for: Big banks

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BNZ, ANZ receptive to moves to 'enhance competition'

RNZ 10 Dec 2024
The country's big Australian-owned banks appear to be ready for further government scrutiny into competition in the banking sector. Finance Minister Nicola Willis said big banks were on notice and the ...
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Bank capital contribution needs investigation to prevent cross-ownership

Vietnam News 10 Dec 2024
HÀ NỘI — It is necessary to investigate the investment and capital contribution of individuals or economic organisations related big bosses in the banking sector to prevent cross-ownership and manipulative ownership in banks, experts said.
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Australian central bank keeps interest rate on hold

Xinhua 10 Dec 2024
All of Australia's "big four" banks have told customers that they expected the RBA to cut the cash rate target in the first half of 2025 ... Australian central bank keeps interest rate on hold.
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Car finance scandal could be as big as PPI, City regulator says

The Guardian 10 Dec 2024
FCA lawyer admits scale of compensation could be larger than first thought, and as big as PPI, which cost banks ...
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Markets may be underestimating the risk of debt defaults

The Times/The Sunday Times 10 Dec 2024
Just over three years ago the Bank of England became the world’s first big central bank to begin raising interest rates post-pandemic, followed in March 2022 by the US Federal Reserve and the European ...
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NZ lagging other countries in offering digital cash option - Reserve Bank

RNZ 10 Dec 2024
RBNZ director of money and cash Ian Woolford said this was a wake-up call to the big banks, as it was now technically possible to offer the public a digital cash system that left banks out of the transaction.
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Kerala: 10 FIRs filed for default on loans from Kuwait bank

Hindustan Times 10 Dec 2024
10 FIRs filed for default on loans from Kuwait bank ... They obtained small and big loans from the bank with the help of their salary certificates mostly during and after the Covid pandemic ... 10 FIRs filed for default on loans from Kuwait bank.
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Nauru agrees to give Australia veto rights over pacts with third nations including China

CNN 10 Dec 2024
... international policy, said Nauru had sacrificed its ability to strike security, banking and infrastructure deals with China and other third parties in return for a big increase in Australian funding.
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Russia’s elite sound the alarm on the economy amid high interest rates

Stars and Stripes 10 Dec 2024
Already, the central bank forecasts that growth will sharply slow to 0.5 to 1.5 percent next year ... But Prokopenko, the former central bank adviser, said she believes the pressure from big business will not subside.
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5 Citi lifers who made managing director on getting ahead at work and navigating the ...

Business Insider 10 Dec 2024
Last week, Citigroup announced a new class of managing directors, some of whom have been with the bank since it had a red umbrella logo — a byproduct of its merger with insurance giant Travelers in the late 1990s.
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Greymouth Petroleum confirms significant gas find in Taranaki

RNZ 10 Dec 2024
The company also made a passing reference for the need for the big four banks to support what it called the nation's backbone farming and processing industries and the extractive sector.
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Oil prices slip as Syria tensions ease, but OPEC+ cuts keep support in place

Invezz 10 Dec 2024
The country’s banks and oil sector are set to resume work on Tuesday. Syria is not a big oil producer, but its location in the Middle East, and close ties with Russia and Iran could raise uncertainties.
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China leaders vow loose monetary policy

The Manila Times 10 Dec 2024
Also Monday, Li, who as premier has the traditional role of overseeing the economy, met with heads of the World Bank and other big international financial organizations.
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Chinese leaders pledge ‘moderately loose’ monetary policy, more support for slowing economy

Asahi News 10 Dec 2024
Also Monday, Li, who as premier has the traditional role of overseeing the economy, met with heads of the World Bank and other big international financial organizations.

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