Search Results for 'Global'

Global Investment Banking Revenue to Drop 4%

Investment-banking revenue will drop about 4 percent this year as commissions earned from advising on mergers, underwriting securities and trading fall, JPMorgan Cazenove analysts wrote in a note to clients. Revenue will be 13 percent low [...]

Posted On : Feb, 22 2012 | Comments : 0

HSBC Sells Japan Private Banking Unit As Global Overhaul Pro...

TOKYO (Dow Jones)--HSBC Holdings PLC (HBC) said Wednesday it is pulling out of private banking in Japan, the latest in a series of moves by major banks to streamline operations as they try to cope with volatile markets, profit-hurting eco [...]

Posted On : Dec, 21 2011 | Comments : 0

China Bank Crisis Led by Debt Seen by 61% in Global Poll

Most global investors predict China will face a banking crisis within the next five years, paring their appetite for the nation’s shares and eroding confidence in its leadership, a Bloomberg Global Poll indicated. Sixty-one perce [...]

Posted On : Dec, 09 2011 | Comments : 0

RBA adopts global banking standard

AUSTRALIA'S central bank will provide a facility to ensure commercial banks have enough cash in times of financial crisis. The Committed Liquidity Facility (CLF) is part of Australia's response to the Basel III reforms, a new set [...]

Posted On : Nov, 23 2011 | Comments : 0

Swiss Banking Secrecy Has No Place in Globalized World: View

Switzerland’s bank secrecy laws and anonymous numbered accounts have a long and shameful history: They have been used to help criminals conceal illicit gains, to deny Holocaust survivors their stolen inheritances and to help the wor [...]

Posted On : Oct, 25 2011 | Comments : 0

U.S. Stocks Advance as Banks Get New Global Rules, Technolog...

U.S. stocks advanced, breaking a three-day losing streak for the Standard & Poor’s 500 Index, as regulators issued capital rules to safeguard the global financial system and technology companies rallied. Bank of America Corp. (BA [...]

Posted On : Jun, 28 2011 | Comments : 0

HSBC Holdings Appoints Samir Assaf CEP, Global Banking And M...

HSBC Holdings PLC (HSBA.LN), the banking giant, Friday announced the appointment of Samir Assaf as Chief Executive of its Global Banking and Markets business with effect from Jan 1, 2011. MAIN FACTS: -Assaf succeeds Stuart Gulliver who b [...]

Posted On : Dec, 10 2010 | Comments : 0

BMO Launches Online Banking for Business Service for Global ...

SAN ANTONIO, TEXAS AND TORONTO, ONTARIO, Nov 08, 2010 (MARKETWIRE via COMTEX) -- BMO Financial Group /quotes/comstock/11t!e:bmo (CA:BMO 60.52, -0.13, -0.21%) /quotes/comstock/13*!bmo/quotes/nls/bmo (BMO 60.37, -0.25, -0.41%) , today laun [...]

Posted On : Nov, 09 2010 | Comments : 0

The Broken Global Banking System

Let's be honest: the banking system is now fully dysfunctional. It has failed in its primary purpose: to act as a machine for lending into the real economy. Instead the banking system has been turned on its head, and become a borrowi [...]