Australia’s troubled Commonwealth Bank admitted Thursday it had lost financial records for almost 20 million customers in a major security blunder — but insisted there was no need to worry.
servicios financieros y comerciales
financial and business service
National Australia Bank announced plans to sell its wealth management arm Thursday as it continues to offload assets to simplify its business.
Iran banned the use of bitcoin and other cryptocurrencies by banks and financial institutions on Monday amid ongoing debate over how best to regulate the technology.
The CEO of Australian finance company AMP resigned suddenly on Friday after revelations of widespread abuses by the firm, including charging thousands of customers for services never received.
The US deficit will grow more than 20 percent this year and reach $1 billion by 2020, largely due to December’s sweeping tax cuts, the Congressional Budget Office said Monday.
Australia’s Commonwealth Bank plans to enter mediation with the country’s financial intelligence agency over a major anti-money laundering civil case that could be hugely costly for the lender.
Myanmar’s de facto leader Aung San Suu Kyi has immunity from prosecution, Australia’s attorney general said Sunday after a legal bid was launched to hold her responsible for “crimes against humanity”.
British financial services giant Prudential said Wednesday that it will split into two separate firms, in order to focus on strategic priorities in the various regions in which it operates.
The European Central Bank on Thursday signalled greater confidence in the eurozone economy and its own chances of hitting its elusive inflation goal by dropping talk of boosting its mass bond-buying programme.
Lloyds Banking Group on Wednesday said that its net profit soared 52 percent last year, when the UK lender returned fully to the private sector following a state bailout.