Retail Banking
ANZ to invest additional $300m in China
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Australia and New Zealand Banking (ANZ) has unveiled its plans to invest additional A$300m (RMB2bn) in its locally incorporated subsidiary in China (ANZ China) to support its continued growth.
Banking Services > Retail Banking > News
Australia and New Zealand Banking (ANZ) has unveiled its plans to invest additional A$300m (RMB2bn) in its locally incorporated subsidiary in China (ANZ China) to support its continued growth.
Banking Services > Retail Banking > News
Grandpoint Bank appoints new executive vice president, director
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Grandpoint Bank has selected Jeff Boyer as executive vice president and director of corporate banking to support the expansion of corporate banking capabilities throughout the Bank.
Banking Services > Retail Banking > News Lloyds hires Andrew Bester as new CEO for wholesale banking By
Lloyds Banking Group has hired Andrew Bester, a Standard Chartered banker, as new chief excutive officer of its wholesale banking operations.
Banking Services > Retail Banking > News
Grandpoint Bank has selected Jeff Boyer as executive vice president and director of corporate banking to support the expansion of corporate banking capabilities throughout the Bank.
Banking Services > Retail Banking > News Lloyds hires Andrew Bester as new CEO for wholesale banking By
Lloyds Banking Group has hired Andrew Bester, a Standard Chartered banker, as new chief excutive officer of its wholesale banking operations.
Banking Services > Retail Banking > News
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GNB Sudameris to acquire HSBC assets in Latin America
Colombia based GNB Sudameris has inked a purchase agreement with HSBC Bank, to acquire its banking operations in Colombia, Peru, Paraguay and Uruguay.
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Banking Services > Retail Banking > News
JPMorgan reveals $2bn trading loss
JP Morgan revealed that it has suffered nearly $2bn trading loss due to a failed hedging strategy on synthetic credit securities.
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Banking Services > Retail Banking > News
UniCredit Q1 net profit increases by 14% to EUR914m
UniCredit, a pan-European banking organisation, has posted a 14% rise in its net profit for the first quarter of 2012, which stood at €914m compared to a net profit of €810m during the first three months of 2011.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
OCBC Group Q1 net profit jumps by 32%
Singapore based Oversea-Chinese Banking Corporation (OCBC) has registered a 32% surge in its net profit to S$832m ($665m) for the first quarter of 2012, compared to a net profit of $628m ($502m) during the corresponding quarter of 2011.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
Union Bank to acquire PNC unit 'Smartstreet'
Union Bank will acquire Smartstreet, an Atlanta-based financial services division of PNC Bank, under a new agreement with PNC, to expand its banking services footprint for homeowners associations and other community associations.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
ING Q1 net profit slumps by 111% to EUR705m
Netherlands based ING Group reported that its underlying net profit plunged by 111% to EUR705m for the current quarter of 2012, compared to a net profit of EUR1.5bn during the corresponding quarter last year.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
HSBC Q1 profit jumps by 26%
HSBC Holdings has reported 26% increase in its underlying profit to $6.78bn for the first quarter of 2012, compared to a profit of $5.4bn during the same period last year.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
FirstRand set to take over Kenya bank
South African FirstRand Bank is gearing up to acquire Kenyan bank, with a strategy to enhance its market penetration in Kenya.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
CBA executive McEwan quits to join RBS
Australia based The Commonwealth Bank's retail banking services group executive Ross McEwan has resigned from his post to take up the role of chief executive officer, UK retail, with the Royal Bank of Scotland.
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Banking Services > Retail Banking > News
BMO launches representative office in Abu Dhabi
BMO Financial Group has inaugurated its representative office in Abu Dhabi, which will enable the firm to strengthen regional relationship with the institutions in the Middle East and North Africa (MENA) region.
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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.
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