NatWest’s decision comes alongside a statement which acknowledges the impact these decisions have on certain customers. NatWest’s decision comes alongside a statement which acknowledges the impact these decisions have on certain customers. NatWest are set to shut more branches this week as 53 are set to close down by the end of 2025. NatWest’s decision
By Nesil Staney 360 One, one of the largest portfolio management firms in the country, is planning to build a full-fledged investment banking vertical through Batlivala & Karani (B&K), a brokerage it acquired in January. The company, which manages $68 billion in assets, is also nearing closure of four of its investment funds, a senior executive told FE. This includes
Troubled Nissan Banks On Its Hybrid Tech For A Turnaround Money-losing Japanese automaker Nissan is banking on its latest e-Power technology for a turnaround. A kind of hybrid, e-Power comes equipped with both an electric motor and gasoline engine, much like the Toyota Motor Corp. Prius. It’s different from a Prius in that it doesn’t
[SINGAPORE] Bursa-listed Hong Leong Bank (HLB) – a subsidiary of Malaysian tycoon Quek Leng Chan’s Hong Leong Financial Group (HLFG) – on Monday (May 26) announced it has formed a strategic alliance with Swiss private bank Lombard Odier. Quek is chairman of both HLFG and HLB, which are part of Malaysia’s Hong Leong Group
This story was produced by our colleagues at the BBC. Moving homes is a stressful time — and for British mom Emily McAllister, whose daughter Keira has Down syndrome and autism, it required even more planning. But when the day came, her bank, Barclays, was unable to transfer the funds to complete the purchase. As she had
Sleep banking has its roots in the military, where it was first investigated in 2009 as a possible strategy to reduce fatigue in soldiers before missions that made it difficult to sleep. Small studies support the idea that banking sleep can improve performance and alertness during subsequent sleep restriction. “I usually recommend that people go
Britain prides itself on being a payments champion. The UK pioneered instant bank transfers with the launch of faster payments in 2008. A decade later, new data-sharing technology promised to usher in a new era. But while “open banking” has found success in various corners of finance — such as by enabling faster lending decisions
KARACHI: The Institute of Cost and Management Accountants of Pakistan (ICMA) has conducted a detailed SWOT analysis of Pakistan’s Islamic banking sector, highlighting its rapid growth, key challenges, and future potential as the country moves toward full Shariah compliance by 2027. According to the State Bank of Pakistan (SBP) data for September 2024, Islamic banking
Finastra software powers nearly 8,100 financial institutions worldwide, including 45 of the top 50 global banks. Dubai, UAE – Finastra, a global provider of financial software applications, took center stage on the opening day of the Dubai Fintech Summit to spotlight how advanced technologies are transforming banking into a more seamless and customer-centric experience. Siobhan
Government officials, bankers, heads of IT, cybersecurity, risk management and compliance from member banks joined the May 23 ‘Cybersecurity Day 2025’. Supplied As cyber threats continue to grow in complexity and scale, protecting the financial sector has become an urgent priority for Cambodia. The Association of Banks in Cambodia (ABC) convened the “Cybersecurity Day 2025”