Two ex-Vatican bank chiefs face money laundering trialItalian prosecutors on Friday said two former top executives at the Vatican bank will go on trial for money laundering, while the bank's ex-chairman was declared innocent.
DBS buys Societe Generale's Asian private banking businessSingapore's DBS Bank said Monday it had agreed to buy the Asian private banking business of French lender Societe Generale in a deal worth $220 million, boosting its access to the region's super rich.
Female bank head a first for JapanJapan's biggest brokerage Nomura Holdings said Wednesday it has chosen a woman to head its banking arm, in what is believed to be a first for the country's male-dominated financial sector.
Central Bank toughens requirements to borrowersEarlier Kazakhstan’s President Nursultan Nazarbayev commissioned banks’ heads to reduce the share of NPLs “in any possible ways” to 15% of their portfolio by 2015 and further to 10% by 2016.
Woods urged to 'respect' WGC-HSBC ChampionsHSBC's sponsorship chief has urged Tiger Woods to respect the bank's large investment by playing at this year's WGC-HSBC Champions in Shanghai instead of "meaningless... money-making opportunities".
26 February 2014
New CEO for BTA Bank appointedMagzhan Auezov, a Kazkommertsbank Member of the Board, has been appointed the new CEO of BTA Bank.