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HSBC poised to launch business credit card in Hong Kong
HSBC is set to launch a new business card for companies in Hong Kong as part of a global initiative.
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RBS consortium in joint-venture talks with Bank of China
The rapid growth of China's financial industry has led RBS Group into talks with Bank of China (BoC) over a possible business tie-up to target the wealthy client sector.
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Scotiabank reports net income up 8% in record second quarter
Canadian based bank Scotiabank has revealed record financial returns in the second quarter of its current fiscal year, highlighted by a healthy growth in net income on the back of low bad debt exposure.
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UK standards authority accuses banks of being muddled over cheques
The Banking Code Standards Board has revealed that it is unhappy with the performance of banking staff with regard to informing customers on cheque clearance times.
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CDC prepares to sell E6.8 billion stake in Caisse d'Epargne
The French state-owned financial institution Caisse des Depots et Consignations (CDC) has agreed to the sale of its 35% stake in compatriot mutual savings bank Caisse d'Epargne for E6.8 billion.
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Ex-Skandia chief executive jailed
Former Skandia chief executive Lars-Erik Petersson has been jailed for two years for his part in Sweden's biggest corporate scandal in decades.
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German debit scheme operator progresses euro payment alliance
ZKA, the operator of Germany's domestic debit card system, plans to interlink national debit card systems, in a bid to aid cross-border transactions.
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MasterCard shares skyrocket on trading debut
Shares in the global credit card network provider rose 15% on the first day of trading at the New York Stock Exchange (NYSE).
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Wells Fargo introduces envelope-free ATM deposit system
Financial services company Wells Fargo is converting 400 of its ATMs in Contra Costa, Alameda and Santa Clara counties to digital imaging technology, eliminating deposit envelopes and paper checks.
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Abbey number one in UK 'bad banks league', newspaper survey says
UK lender Abbey has come at the top of a newspaper's 'bad banks league' after the Daily Mail received four times as many complaints about Banco Santander-owned Abbey than any other current account provider.
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Asia Payments cements deal for InterPay International buy
Asia Payment Systems has concluded a binding agreement to acquire all of the shares of its strategic partner InterPay International Group.
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Barclays confident of growth in 2006
Barclays Capital and Barclays’ UK retail banking operations have seen a first-quarter improvement, while Barclaycard continues to be affected by rising levels of bad debt.
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Barclays launches new online anti-fraud initiative
Barclays, the global financial services provider, has introduced free anti-virus software and text message updates for its customers.
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Cardpoint records GBP1.1 million profits in H1
Cardpoint, the fee-charging cash dispenser company, has recorded first half profits of GBP1.1 million, a 175% increase on the previous year.
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Charity delivers stark warning about UK personal debt levels
According to a new report from charitable organization the Citizens Advice Bureau, it would take more than a lifetime for some of its most indebted clients to clear what they owe.
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Allianz SE - Financial and Strategic Analysis Review
Allianz SE (Allianz) is one of the leading global financial services providers, offering a range of banking, asset management and insurance services. The company was formerly known as Allianz AG. Allianz is the parent company for the Allianz Group of companies. The company is one of leading insurance providers in the property and causality, and life insurance in the global market. Allianz is one of the major players in the German insurance market. The company, combined with its subsidiaries, serves over 75 million customers in more than 70 countries across Europe, Asia-Pacific, America and Africa. The company's banking operations are conducted through Dresdner Bank AG and its subsidiaries. Global Markets Direct’s Allianz SE - Financial and Strategic Analysis Review is an in-depth business, strategic and financial analysis of Allianz SE. The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors. The hallmark of the report is the detailed strategic analysis of the company. This highlights its strengths and weaknesses and the opportunities and threats it faces going forward. Reports Buy online from $125
Allianz SE (Allianz) is one of the leading global financial services providers, offering a range of banking, asset management and insurance services. The company was formerly known as Allianz AG. Allianz is the parent company for the Allianz Group of companies. The company is one of leading insurance providers in the property and causality, and life insurance in the global market. Allianz is one of the major players in the German insurance market. The company, combined with its subsidiaries, serves over 75 million customers in more than 70 countries across Europe, Asia-Pacific, America and Africa. The company's banking operations are conducted through Dresdner Bank AG and its subsidiaries. Global Markets Direct’s Allianz SE - Financial and Strategic Analysis Review is an in-depth business, strategic and financial analysis of Allianz SE. The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors. The hallmark of the report is the detailed strategic analysis of the company. This highlights its strengths and weaknesses and the opportunities and threats it faces going forward. Reports Buy online from $125
