banking industry
The Latest
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Ka-Ching! Bank of America Customer Discovers $2.45 Billion Windfall
Psychiatrist Blaise Aguirre’s multibillion deposit soon found to be a “display error,” according to his bank. 
Psychiatrist Blaise Aguirre’s multibillion deposit soon found to be a “display error,” according to his bank. -
Digital Lender WeLab Bank Opens For Business In Hong Kong
WeLab Bank is offering several promotions such as high annual interest rates and purchase rebates for new depositors. 
WeLab Bank is offering several promotions such as high annual interest rates and purchase rebates for new depositors. -
Goldman Sachs Agrees To $3.9 Billion 1MDB Case Settlement Deal
Goldman Sachs will be making an initial payment of $2.5 billion to the Malaysian government, followed by a guarantee that it will pay around $1.4 billion after it liquidates assets linked to the scandal. 
Goldman Sachs will be making an initial payment of $2.5 billion to the Malaysian government, followed by a guarantee that it will pay around $1.4 billion after it liquidates assets linked to the scandal. -
Standard Chartered To Build New $40 Million Center In Guangzhou
The establishment of the new Standard Chartered Greater Bay Area Center in Guangzhou is part of the company's wider strategy to expand its operations in the region. 
The establishment of the new Standard Chartered Greater Bay Area Center in Guangzhou is part of the company's wider strategy to expand its operations in the region. -
Lloyds Bank To Replace Both Chairman And CEO Next Year
Lloyds Bank announced that it will be replacing both its CEO and chairman next year as part of its business transformation strategy. 
Lloyds Bank announced that it will be replacing both its CEO and chairman next year as part of its business transformation strategy. -
HSBC Rolls Out New Digital Account Opening System For Startups In Hong Kong
The new service will allow SMEs in Hong Kong to open business accounts without having to physically visit branches to sign documents and submit requirements. 
The new service will allow SMEs in Hong Kong to open business accounts without having to physically visit branches to sign documents and submit requirements. -
HSBC Pushing Ahead With Job Cuts As Part Of Restructuring Plan
HSBC is aiming to reduce its workforce from 235,000 employees to around 200,000 in the short-term. 
HSBC is aiming to reduce its workforce from 235,000 employees to around 200,000 in the short-term. -
Hong Kong Banks Ramp Up Promos To Tap Into HK$71 Billion Cashout To Residents
Hong Kong banks are offering incentives such as cash, gadgets, and gold to entice residents expected to receive government handouts to open an account. 
Hong Kong banks are offering incentives such as cash, gadgets, and gold to entice residents expected to receive government handouts to open an account. -
Barclays And JPMorgan Agree To Pay Settlement In Mexican Bond Probe
JPMorgan agreed to pay $15 million and Barclays $5.7 million to settle accusations of their involvement in a Mexican government bond market rigging scam. 
JPMorgan agreed to pay $15 million and Barclays $5.7 million to settle accusations of their involvement in a Mexican government bond market rigging scam. -
Credit Suisse Acquires Controlling Share Of Chinese Joint Venture
Credit Suisse has increased its stake in its Chinese securities joint venture CSFS from 33.3 percent to 51 percent. 
Credit Suisse has increased its stake in its Chinese securities joint venture CSFS from 33.3 percent to 51 percent.
