South Korea will reduce its troops by nearly 80,000 by 2022 and expand the use of technologies, responding to an ageing society.
Société Générale SA’s third-quarter net profit and revenue fell, while the bank strengthened its capital.
Housing Finance Companies (HFCs) should focus more on providing retail loans instead of financing developers, State Bank of India (SBI) Chairman Rajnish Kumar said, calling out for a reversal in an earlier relaxation.
The Reserve Bank of India is Asia’s most aggressive monetary authority in cutting interest rates. But lenders aren’t passing on the reductions to customers, in what could be the biggest challenge to reviving the $2.7 trillion economy.
Societe Generale SA saw a steep decline in equity-trading revenue and missed earnings estimates as Chief Executive Officer Frederic Oudea grapples with negative interest rates and a slimmed-down investment bank.
Over the past year or so An Post has run some slick television advertising highlighting the various services it offers under its An Post Money brand.
International Business Machines Corp said on Wednesday that it has built financial services-specific cloud technology in collaboration with Bank of America Corp.
Bank of America and International Business Machines have teamed up to develop a public-cloud computing service for banks, which have been reluctant to store customers’ financial data outside their in-house systems.
Profits dipped on the back of the continued growth of passive funds and the persistent underperformance of funds trying to beat the market, according to McKinsey
After years of measuring unfavorably against Europe’s economic powerhouse Germany, France may finally have something to crow about.