The Latest Breaking News on Financial Services

The rapid depreciation of the baht has helped stocks in the export sector, say analysts, warning the currency is under pressure to slide further, resulting in continued outflows from the Thai stock market.

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Emerging markets-focused bank records strong performance with profits up by 28%

Banks in Lebanon warned of the “gravity” of judicial accusations leveled against a number of them for “money laundering” and said that this will have repercussions on banking transactions. In a first, a new lawsuit affected an Arab bank operating in Lebanon, which is the National Bank of Kuwait (NBK).…

Conference hears all lending will go 'sustainable' or green

(This Feb. 16 story has been corrected to show foundation is run by former education minister Aslan Sarinjipov, not Nazarbayev's daughter Dariga in paragraph 8)

Westpac says the closure of eight of its branches will be put on hold ahead of a federal probe into the economic and social impacts of branch closures outside major capitals.

David Malpass led lender through crises including the war in Ukraine but faced criticism over stance on climate change.

Westpac says it will postpone closures of rural banks during a Senate inquiry, the second major bank to heed calls to act in good faith.