Author: Banking Herald

The deal gives Scotiabank FDIC deposit insurance to support its Mortgage Capital Markets business, with no material impact expected on earnings or capital ratios Scotiabank has…

David Descoteaux takes over a combined capital markets and commercial banking M&A unit as Canadian banks lean on advisory income to offset weak loan growth BMO…

The internal promotion, effective immediately, places data strategy under a former cybersecurity chief as the bank expands its use of AI Standard Chartered has appointed Shebani…

The deal targets cross-border SMB financing, improved card acceptance for visitors to China, and joint exploration of agentic AI shopping Mastercard and JD.com have announced a…

The Amazon Pay executive will take over from K Chandrasekhar in a phased handover running through May 2027 CSB Bank’s board has approved the appointment of…

The agreement covers monetary policy, financial stability, payments and digital finance as both central banks navigate a challenging geopolitical environment Bank Negara Malaysia and Bank Indonesia…

The Federal Court found the bank missed statutory deadlines on more than 200 customer requests between 2017 and 2023, rejecting Westpac’s argument for a A$10 million…

She succeeds Scott Dickinson, who retires after more than 40 years in financial services Standard Chartered has appointed Michelle Swanepoel as Head of Financing and Securities…

Singapore’s third-largest bank is hiring relationship managers and chasing a bigger share of Asia’s fast-growing wealth market, even as the US-Iran conflict clouds the regional outlook…

Wealth fees hit a record as margin pressure mounts, but the bank is watching for second and third-order effects from the conflict on Southeast Asia’s energy-dependent…