banking industry
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PayMe Hits 2 Million-User Milestone As Online Transactions Surge
PayMe reported a dramatic increase in new registrations to its payments platform over the past months as a direct result of the restrictions imposed to control the spread of the coronavirus. 
PayMe reported a dramatic increase in new registrations to its payments platform over the past months as a direct result of the restrictions imposed to control the spread of the coronavirus. -
Warren Buffet Dumps Majority Of Stake In Goldman Sachs
Berkshire Hathaway disclosed in its regulatory filing that it had reduced its stake in Goldman Sachs from 12 million shares to 1.9 million shares. 
Berkshire Hathaway disclosed in its regulatory filing that it had reduced its stake in Goldman Sachs from 12 million shares to 1.9 million shares. -
Former China CITIC Bank President Charged With Bribery
Former chairman and president of China CITIC Bank Corp, Sun Deshun, was indicted by the Supreme People's Procuratorate over bribery charges. 
Former chairman and president of China CITIC Bank Corp, Sun Deshun, was indicted by the Supreme People's Procuratorate over bribery charges. -
UBS Seeking Digital Banking License In China To Accelerate Growth
UBS has applied for a nationwide, majority-owned digital bank license in China with the goal of launching its own digital banking platform once it is granted. 
UBS has applied for a nationwide, majority-owned digital bank license in China with the goal of launching its own digital banking platform once it is granted. -
UBS Taps Former China Banking Watchdog Official As New Asia Strategy Head
UBS has hired former CBIRC and PBOC senior official, Alan Wang, as its new managing director for its Chinese businesses. 
UBS has hired former CBIRC and PBOC senior official, Alan Wang, as its new managing director for its Chinese businesses. -
HSBC To Fully Acquire Chinese Life Insurance Joint Venture
HSBC will be purchasing the remaining 50 percent stake in its Chinese joint venture life insurance company from its partner National Trust. 
HSBC will be purchasing the remaining 50 percent stake in its Chinese joint venture life insurance company from its partner National Trust. -
HSBC First-Quarter Profits Fall By Nearly 50 Percent Amid Ongoing Crisis
HSBC attributed its poor performance for the quarter on the economic impact of the coronavirus pandemic and the continually lowering global oil prices. 
HSBC attributed its poor performance for the quarter on the economic impact of the coronavirus pandemic and the continually lowering global oil prices. -
Five Virtual Banks In Hong Kong Postpone Launch Amid Pandemic
Most of the banks blame the ongoing pandemic for delaying their preparations, while some are simply waiting for the crisis to end before launching their services. 
Most of the banks blame the ongoing pandemic for delaying their preparations, while some are simply waiting for the crisis to end before launching their services. -
HSBC To Delay Massive Overhaul Plans Amid Ongoing Crisis
HSBC Holdings announced that it will be holding off its previously announced restructuring plan to support its staff during these uncertain times. 
HSBC Holdings announced that it will be holding off its previously announced restructuring plan to support its staff during these uncertain times. -
Banks Quickly Reacts As Wave Of Epidemic-Related Schemes Hits The UK
UK banks such as Barclays, Lloyds Banking Group, and the Royal Bank of Scotland have separately launched campaigns to warn and inform customers of proliferating coronavirus-related schemes. 
UK banks such as Barclays, Lloyds Banking Group, and the Royal Bank of Scotland have separately launched campaigns to warn and inform customers of proliferating coronavirus-related schemes.
