Banks
Danske Bank cuts hundreds of jobs to add to Danish layoff wave
Most of the job cuts will fall in Denmark and Lithuania, the firm says
Societe Generale expands Japan credit business with Santander, UBS hires
Banks in countries from Canada to Spain have been competing for talent in the Asia’s third-largest economy
Asia’s biggest banks line up bids for HSBC assets in Indonesia
Fast-growing markets are attracting banks looking to expand
Tokenisation key to ‘next frontier’ of trade finance: StanChart’s Sofia Hammoucha
The ‘key priority’ is to solve, embrace, invest and deliver on the new technology, she says
US weighs requiring banks collect citizenship data: reports
Citizenship documents are not currently necessary to open a bank account in America
Jamie Dimon sees parallel to pre-crisis era as rivals do ‘dumb things’
The CEO has been warning for months about the potential deterioration in credit quality
Gold enters the storybook stage
Its price is now far above levels suggested by fundamental forces, but it’s hard to see what might stop its ascent
UK floods raise spectre of ‘mortgage prisoners’ across banks
In England, there are already 6.3 million properties in areas at risk of flooding
Australia banks’ record surge offers global haven from AI swings
The advance has also boosted Australia’s financials-heavy S&P/ASX 200 Index this year
BBVA plans to start Japan brokerage in first for Spanish bank
The Bilbao-based lender has operated a commercial banking business in the country since 2005