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...This year, the bank would focus on commercialising and monetising relationships it has built in the region, Ng added....
...The Australian-born Robinson began trading derivatives in the early 1990s, first at investment banks and then at hedge funds....
...The quintet consists of Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, Mizuho Financial, Sumitomo Mitsui Trust and Resona....
...The incoming chief will be tasked with steering the bank towards a public listing, at a time when investors in the once high-flying fintech sector are seeking to make a return....
...Credit research agency CreditSights noted in a January report on Thailand’s lenders, including Krung Thai Bank, TMB Thanachart Bank and Bangkok Bank, that “quarterly NIMs near or has peaked”....
...Koji Toda, a fund manager at Resona Asset Management, also warned of volatility ahead, saying the strong start to the year was mostly a catch-up to the robust gains US equities made in December as concerns...
...Bank of China, the most internationally exposed bank among its peers, now operates a sprawling network of 534 branches, covering a third of countries globally, according to its latest annual report....
...Strategists at Bank of America now forecast that the Nikkei will end the year at 41,000 while the Topix will reach 2,850, just short of its all-time high of 2,884 points....
...“There is a sense of overheating,” said Koji Toda, a fund manager at Resona Asset Management. “At the end of the day, there is still no certainty in terms of exiting deflation.”...
...Vanquis’s new chief executive Ian McLaughlin, who joined from Bank of Ireland in July, has some explaining to do....
...Bank of China and Industrial and Commercial Bank of China (ICBC)....
...China Construction Bank did not immediately respond to a request for comment. Additional reporting by Cheng Leng in Hong Kong...
...However, the bank made a pre-tax loss of £116mn in the same period, in part as the rapid increase in lending forced it to expand its provisions for potential bad loans....
...Deutsche Bank has promoted William Mansfield to head of Emea mergers and acquisitions. He joined the bank last year, and previously worked for Credit Suisse....
...senator then accused the chief executive of “bullshitting” and trying to obscure a financial metric that would show Australia’s largest supermarkets were more than twice as profitable as the country’s banks...
...Birla’s return to the company’s board and equity funding, banks too will probably lend money”, he added....
...As the recent bank failures and continuing weakness in regional banks in the US suggest, we have still not fully addressed the problem. I would write about that....
...” in smaller banks such as Aozora....
...The gains were bigger than at rival banks JPMorgan Chase and Citigroup, which reported last week. Bank of America and Morgan Stanley report today....
...South Africa must continue to fight inflation even as central banks in other emerging markets move to cut interest rates, the country’s central bank governor has said....
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