Banking & Finance
Banking & Finance
UBS CEO against reducing bank’s size in face of regulatory concerns
BADEN, Switzerland — UBS CEO Sergio Ermotti said on Friday he did not plan to reduce the bank’s size amid pressure from Swiss regulators...
Banking & Finance
US SEC closes investigation of Swedbank
SwedbanK on Saturday said that the US Securities and Exchange Commission (SEC) has closed its investigation into the bank without enforcement.
The investigation was initiated...
Banking & Finance
BDO, Landbank, BPI top big banks list
Private banks owned by financial conglomerates continue to dominate the country’s banking sector in terms of assets, deposits and loans, based on the latest...
Banking & Finance
Only 8 banks offer zero transfer fees for transactions below P1,000
Even after three years of Bangko Sentral ng Pilipinas (BSP) persuading banks to have zero-rate or free online transfers for small value transactions of...
Banking & Finance
British bank shares slide on fears of new tax
LONDON — British bank shares fell sharply on Friday after a think-tank called for a new levy on lenders and a newspaper report said...
