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Is Asia ready to participate in P2P lending and payments?
Date: Nov 08, 2012
Author: Durva Lakhlani
Categories: Innovation, Payments, Retail Banking, Technology & Operations
Keywords: P2P Lending, Lending Club, Zopa, Prosper, Funding Circle, Paypal, Visa, SEC, Peer to Peer Finance Association, P2P Payments, JPMorgan, Wells Fargo, BofA, clearXchange, Popmoney, Citigroup
Although P2P transactions are gaining traction in the UK and US, Asian P2P businesses are still in a nascent stage.
Top level shakedown at Citigroup leaves air of uncertainty
Date: Oct 17, 2012
Author: Timothy Shim
Categories: Capital & Strategic Issues, Leadership, Risk and Regulation, Saudi Arabia
Keywords: Vikram Pandit, Citigroup, Michael Corbat, Smith Barney, Sheila Bair, John Havens, Brian Leach
Famously known as the $1 CEO, Vikram Pandit has left Citigroup with immediate effect, along with president and COO John Havens. Will more follow?
US’ biggest banks unlikely to be dismantled despite calls for reform
Date: Aug 01, 2012
Author: Magessan Raj
Categories: Regulation, Risk and Regulation
Keywords: Sandy Weill, Citigroup, JPMorgan, Jamie Dimon, Bank of America, Glass-Steagal Act, Federal Deposit Insurance Corporation, Thomas Hoenig, American Bankers Association, Frank Keating, US Treasury, Tim Geithner, Dodd-Frank Act
Sandy Weill does an about-turn and joins advocates favouring the splitting-up of US’ largest banks in calling for far deeper changes among major banks to ensure past mistakes are not repeated.
Growing trade volume between emerging markets reveals new opportunities for banks
Date: Oct 19, 2011
Author: Wong Wei Han
Categories: Asia Pacific, Emerging Markets, Hong Kong, India, South Korea, Transaction Banking
Keywords: HSBC, Citigroup, GDP, US-EU Trade Corridor, Latin America
Emerging economies are gradually becoming key drivers of global trade, while developments in the global banking sector will reflect the same dynamics in trade internationalisation.
Biggest M&A deals of 2007
Asian Banker Research charts the region's 50 biggest M&A deals of 2007 - breakdown of bank M&A activities by deal value and volume, banking sector M&A deal value by country.
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