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FILE PHOTO: The dollar sign is seen alongside the signs for other currencies above a currency exchange shop in Mongkok shopping district in Hong Kong

Hong Kong stocks rise, Evergrande hits record high as China on holidays

BankeMardom: Hong Kong stocks edged up on Monday, on which China markets were closed, with mainland property shares aiding the rise on anticipation of ...

29 May 2017
Japanese yen notes are piled atop U.S. dollar bills during a photo opportunity at an office of Interbank Inc. money exchange in Tokyo

Dollar changes hands in lower 111 yen zone

BankeMardom: The U.S. dollar changed hands in the lower 111 yen zone in early deals in Tokyo on Monday, principally in line with levels ...

29 May 2017
australia market

Australian share market slides again on Monday, banking, mining stocks tumble

BankeMardom: The Australian share market closed lower on Monday, with banking and mining stocks some of the worst hit on the trading floor. At ...

29 May 2017
Man cycles in front of electronic boards showing Japan's Nikkei average and the Dow Jones average outside a brokerage in Tokyo

Asia stocks drift down from 2-year highs, pound nurses losses

BankeMardom: Asian stocks handed back earlier modest gains and drifted lower on Monday, running short of incentives to push past two-year highs with many ...

29 May 2017
A woman walks past electronic board showing stock prices and Japanese Yen's exchange rate outside a brokerage at a business district in Tokyo

Tokyo stocks open lower as market mood soured by DPRK missile launch

BankeMardom: Tokyo stocks opened lower Monday as the market mood was soured before the opening bell by the Democratic People’s Republic of Korea igniting ...

29 May 2017
rbs3

Judge expects update on Royal Bank of Scotland settlement negotiations

BankeMardom: Former RBS boss Fred Goodwin will avoid having to appear in court if multimillion-pound settlement with investors reached A judge will learn this ...

29 May 2017
1328281 Hong Kong, China.

Hong Kong stocks snap 5-day winning streak as energy firms hit by oil drop

BankeMardom: Hong Kong stocks broke a five-day winning streak on Friday, as gains in air carriers were offset by weakness in energy shares following ...

28 May 2017
china's flag

China plans change to major shareholder stock-selling rules

BankeMardom: China’s securities regulator said that it will make changes to the rules governing the selling of stock by major shareholders and management, in ...

28 May 2017
bank levy

Turnbull says bank levy rate won’t be increased once law is passed

BankeMardom: Greens senator hits out at Labor, saying it has joined forces with big banks and forced Coalition into capping 0.06% rate Malcolm Turnbull ...

28 May 2017
FILE PHOTO: A man is seen in silhouette as he walks behind the logo of BNP Paribas in a building in Issy-les-Moulineaux, near Paris

BNP Paribas to pay $350 million to settle New York currency-rigging probe

BankeMardom: French bank BNP Paribas on Wednesday agreed to pay $350 million to New York’s banking watchdog to resolve a probe of misconduct in ...

28 May 2017
markets

MARKETS RIGHT NOW: TINY GAINS PUSH S&P, NASDAQ TO RECORDS

BankeMardom: The latest on developments in financial markets (All times local): 4:00 p.m. Major U.S. stock indexes ended the day pretty much where they ...

28 May 2017
rbs2

Judge gives RBS a week to end investor suit or face trial

BankeMardom: A judge has given Royal Bank of Scotland (RBS.L) and thousands of investors until June 1 to agree a deal that would avert ...

27 May 2017
A 100 yuan banknote is placed next to a $100 banknote in this picture illustration taken in Beijing

China mulls adjusting yuan-dollar pricing model

BankeMardom: Chinese authorities are considering introducing a “counter-cyclical factor” to the existing pricing model of yuan’s central parity rate against the U.S. dollar, the ...

27 May 2017
bano of tokyo mitsubishi

Head of core MUFG unit to resign for health reasons

BankeMardom: Mitsubishi UFJ Financial Group Inc (8306.T) said Takashi Oyamada, chief executive of its core banking unit, would step down for health reasons, disrupting ...

27 May 2017
us-stocks

HOW MAJOR US STOCK MARKET INDEXES FARED ON FRIDAY

BankeMardom: U.S. stocks made the tiniest of gains Friday as media companies and sellers of beauty products and food ticked higher. Major indexes added ...

27 May 2017
bank

China publishes guidelines to develop inclusive finance in banks

BankeMardom: China’s banking regulator has released guidelines to prompt large and medium-sized banks to set up inclusive finance divisions, a move to increase loans ...

27 May 2017
barclays1.image

SFO delays decision again on charging Barclays over 2008 fundraising

BankeMardom: Decision of five-year investigation into deal with Qatar sovereign wealth fund now expected in June after officers fail to meet end of May ...

27 May 2017
saman_bank_logo

Iranian Saman Bank opens representative office in Italy

BankeMardom: Saman Bank, a leading private Iranian lender, Wednesday announced that it has launched a representative office in Rome, Financial Tribune reported. The lender ...

27 May 2017
barclays

BHP hires Barclays to divest U.S. shale gas assets

BankeMardom: BHP (BHP.AX) (BLT.L) has hired Barclays (BARC.L) to divest its U.S. Fayetteville shale gas assets as the miner seeks to fend off an ...

24 May 2017
china-stock-exchange-hall-board-gettyp.1910x1000

CHINA STOCKS FALL AFTER RATING CUT, OTHER ASIAN MARKETS GAIN

BankeMardom: Chinese stocks sank Wednesday after Moody’s cut Beijing’s government debt rating and other Asian markets rose following Wall Street’s advance. KEEPING SCORE: The ...

24 May 2017
bano of tokyo mitsubishi

CEO of Bank of Tokyo-Mitsubishi UFJ to step down for health reasons

BankeMardom: The head of the Bank of Tokyo-Mitsubishi UFJ (BTMU), the core business of Japan’s biggest “megabank,” has decided to step down for health ...

24 May 2017
FILE PHOTO: U.S. 100 dollar banknotes and a Chinese 100 yuan banknote are seen in this picture illustration

Chinese yuan weakens to 6.8758 against USD Wednesday

BankeMardom: The central parity rate of the Chinese currency renminbi, or the yuan, weakened 97 basis points to 6.8758 against the U.S. dollar Wednesday, ...

24 May 2017
iran oman

Tehran, Muscat after stronger banking ties

BankeMardom: In a bid to boost bilateral banking relations, Iran and Oman have reached a number of agreements including connection of bank payment systems ...

24 May 2017
The logo of Morgan Stanley is seen at an office building in Zurich

Morgan Stanley to curb veteran adviser recruiting

BankeMardom: Morgan Stanley, the biggest U.S. brokerage by head count, told brokers Tuesday that it is standing down from the expensive recruitment wars, following ...

24 May 2017
iran slovak

Iranian, Slovak banks ink MoU

BankeMardom: Managing directors of Export Guarantee Fund of Iran and Export-Import Bank of Slovakia signed a memorandum of understanding (MoU) on Tuesday on the ...

24 May 2017
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