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Australian Bank Fires Over 200 Staff Due To "Bad Banking Behaviour"
Australia and New Zealand Banking Group fired over 200 staff for wrongdoing, including senior executives, due in part to issues raised at a public inquiry into financial sector misconduct, ANZ Chief Executive Shayne Elliott said on Friday.
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Srei Infrastructure Finance Appoints Sameer Sawhney As CEO
Commenting on the appointment, Srei Infra chief Hemant Kanoria said, "Sameer's appointment as CEO adds to our strength and will bring dynamism in our business."
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Singapore's DBS Extends Asia Private Banking Push With ANZ Assets Purchase
DBS Group plans to buy Australia and New Zealand Banking Group's wealth and retail businesses in five Asian markets - part of a big private banking push for the Singapore lender and the first significant retreat from Asia for ANZ.
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Indian Billionaire Reaches $110 Million Settlement With Australian Bank
One of Australia's biggest banks reached a settlement with an Indian couple today who sued the company for $1.9 billion.
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ANZ Case: Bank Staff Threatened Indian Tycoon Pankaj Oswal, Says Lawyer
A high-profile Indian billionaire businessman was assaulted and threatened by a top Australian bank executive who told him to "bloody well sign or we will destroy you," the Supreme Court of Victoria heard today.
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Australia Slashes $190 Million Unpaid Tax Claim For Indian Couple
Australian tax authorities today slashed the claim of $190 million unpaid tax bill to just $32 million for an Indian billionaire couple who has launched a $1.5 billion lawsuit against the ANZ bank.
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Indian Couple Launches 1.5 Billion Dollar Lawsuit Against Australian Bank
A high-profile Indian-origin couple today launched 1.5 billion dollar lawsuit, one of the biggest in Australia's legal history, against ANZ bank for allegedly undervaluing shares of their fertiliser company to recoup millions in debts.
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China Pours $67 Billion Into Financial System Before Holiday
China's central bank said today it was injecting 440 billion yuan ($67 billion) into the money market, seeking to ease tight liquidity ahead of the Lunar New Year holiday when demand for funds surges.
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China's November factory growth clings to 18-month high
China's factory growth held at an 18-month high in November on firm domestic and foreign demand, defying expectations the economy faces a modest slowdown as 2013 draws to a close.
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Asian banks woo commodity clients as Western lenders exit
Asian lenders are building on links to local companies to expand into trade and project financing, and using strong ties to identify opportunities, connecting, say, a Mongolian miner with a Chinese investor or an Indian trading house with an Indonesian smelter.
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Brent heads towards $125 on US stocks draw, soft dollar
US crude was up 58 cents at $106.65. The benchmark plunged more than 2 per cent on Tuesday.
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Asian markets ease as focus moves to growth, oil prices
Asian shares and the euro fell on Thursday on concerns about global growth driven by higher oil prices and data showing the euro zone may slip into recession.
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China inflation at 4.2% in November
Falling food prices helped to bring China's inflation down from 5.5 per cent in October.
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Australian Bank Fires Over 200 Staff Due To "Bad Banking Behaviour"
Australia and New Zealand Banking Group fired over 200 staff for wrongdoing, including senior executives, due in part to issues raised at a public inquiry into financial sector misconduct, ANZ Chief Executive Shayne Elliott said on Friday.
-
Srei Infrastructure Finance Appoints Sameer Sawhney As CEO
Commenting on the appointment, Srei Infra chief Hemant Kanoria said, "Sameer's appointment as CEO adds to our strength and will bring dynamism in our business."
-
Singapore's DBS Extends Asia Private Banking Push With ANZ Assets Purchase
DBS Group plans to buy Australia and New Zealand Banking Group's wealth and retail businesses in five Asian markets - part of a big private banking push for the Singapore lender and the first significant retreat from Asia for ANZ.
-
Indian Billionaire Reaches $110 Million Settlement With Australian Bank
One of Australia's biggest banks reached a settlement with an Indian couple today who sued the company for $1.9 billion.
-
ANZ Case: Bank Staff Threatened Indian Tycoon Pankaj Oswal, Says Lawyer
A high-profile Indian billionaire businessman was assaulted and threatened by a top Australian bank executive who told him to "bloody well sign or we will destroy you," the Supreme Court of Victoria heard today.
-
Australia Slashes $190 Million Unpaid Tax Claim For Indian Couple
Australian tax authorities today slashed the claim of $190 million unpaid tax bill to just $32 million for an Indian billionaire couple who has launched a $1.5 billion lawsuit against the ANZ bank.
-
Indian Couple Launches 1.5 Billion Dollar Lawsuit Against Australian Bank
A high-profile Indian-origin couple today launched 1.5 billion dollar lawsuit, one of the biggest in Australia's legal history, against ANZ bank for allegedly undervaluing shares of their fertiliser company to recoup millions in debts.
-
China Pours $67 Billion Into Financial System Before Holiday
China's central bank said today it was injecting 440 billion yuan ($67 billion) into the money market, seeking to ease tight liquidity ahead of the Lunar New Year holiday when demand for funds surges.
-
China's November factory growth clings to 18-month high
China's factory growth held at an 18-month high in November on firm domestic and foreign demand, defying expectations the economy faces a modest slowdown as 2013 draws to a close.
-
Asian banks woo commodity clients as Western lenders exit
Asian lenders are building on links to local companies to expand into trade and project financing, and using strong ties to identify opportunities, connecting, say, a Mongolian miner with a Chinese investor or an Indian trading house with an Indonesian smelter.
-
Brent heads towards $125 on US stocks draw, soft dollar
US crude was up 58 cents at $106.65. The benchmark plunged more than 2 per cent on Tuesday.
-
Asian markets ease as focus moves to growth, oil prices
Asian shares and the euro fell on Thursday on concerns about global growth driven by higher oil prices and data showing the euro zone may slip into recession.
-
China inflation at 4.2% in November
Falling food prices helped to bring China's inflation down from 5.5 per cent in October.
