Alarm bells raised over US financial reform

Fears are growing that a sweeping reform package designed to overhaul the US financial system may place 'enormous pressure' on retail banks. more...

StanChart confirms investment in Chinese bank IPO

Standard Chartered Bank has confirmed that it will invest $500 million in the initial public offering (IPO) of Agricultural Bank of China (ABC). more...

Siemens applies for bank licence

Engineering company Siemens has applied to the German regulator BaFin for a banking licence. more...

Crédit Agricole launches iPhone application

Crédit Agricole has launched the first iPhone budget-management application for the French retail banking market. more...

New Zealand bank reveals merger plan

New Zealand member-owned community bank SBS Bank plans to merge with HBS Building Society. more...

Regional banks struggle to acquire new customers

Large national banks in the US have outperformed regional banks in terms of acquiring a higher proportion of prospective customers, according to a new survey. more...