Latest News for: Banking retail

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[CONTRIBUTION] Korea's major banks balance risks, rewards in tough market

Korea Times 18 Jan 2025
This underscores the need for a broader business strategy beyond retail banking, focusing on high-growth sectors offering specialized financial products, expanding services like foreign exchange, cash ...
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Kordsa, awarded tax breaks in 2023, cuts about 20 jobs at Chattanooga plant

Chatanooga Times Free Press 18 Jan 2025
(READ MORE. Kordsa plans $50 million expansion) ... In 2023, Kordsa had 238 employees in Chattanooga, officials said ... Kordsa is owned by the Sabanci Group out of Istanbul, a conglomerate with a portfolio that also includes banking, energy and retail ... 29.
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TD Bank moves up incoming CEO's start date to Feb. 1, cuts bonuses for 41 executives

North Shore News 17 Jan 2025
TORONTO — TD Bank Group is speeding up the its ... The bank says Chun, who is currently chief operating officer, will become president and chief executive on Feb ... retail business ... retail banking operations.
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TD moves up CEO start date, overhauls board in money-laundering fallout

North Shore News 17 Jan 2025
TORONTO — TD Bank Group is speeding up its plan to install its new chief executive and overhauling its board as it continues to deal with the fallout of its anti-money laundering failures in the United States ... retail banking operations.
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Why has the FTSE 100 just reached a new daytime high?

The Motley Fool 17 Jan 2025
Crucially, it’s perhap the most outward-looking and diverse of the big Footsie banks ... The Christmas retail period was disappointing, which I think could put a drag on markets and perhaps even pull the outlook for the banks back a bit.
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TD speeds up CEO handoff, cuts pay for more than 40 executives

Canoe 17 Jan 2025
Longtime executive Chun, who has run TD’s Canadian retail banking division, its wealth-management and insurance unit, and its online brokerage, will now take over from Bharat Masrani on Feb.
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UK retail sales fall unexpectedly in December, adding to downbeat data

RTE 17 Jan 2025
British retail sales fell unexpectedly in December, according to official data today that added to a run of downbeat economic indicators that are likely to further boost expectations for a ...
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Russia's Sberbank reports record profits for 2024

RTE 17 Jan 2025
"In December, under pressure from the Bank of Russia's tight monetary policy and banking sector regulations, for the first time since 2022, there was a decrease in the retail ...
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Brokerages gave thumbs up to RIL 3QFY25 results; strong growth of Retail and Oil to Chemical

Beijing News 17 Jan 2025
Retail recovery signals ... Bank of America (BofA) and Citi also highlighted the turnaround in the Retail segment, stating that it marked a departure from the subdued performance in recent quarters.
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Will Metropolitan SE grow from ground zero?

Business Line 17 Jan 2025
Retail shareholders (shares worth up to ₹2 lakh) hold 29.66 per cent and HNIs (with shares worth above ₹2 lakh) hold 29.17 per cent.
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Kenyan bank partners with China UnionPay to boost e-commerce payments

China.dot.org 17 Jan 2025
Jane Isiaho, director of retail banking at KCB Bank, said the partnership reinforces the bank's commitment to providing secure and efficient digital payment services that cater to the evolving needs of its customers.
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MARKET REPORT: US activist investor takes pot shot at engineer Smiths Group | This is Money

The Daily Mail 17 Jan 2025
The prospect of cheaper borrowing pepping companies and consumers lifted more domestically focused sectors such as housebuilders, banks and retailers ... Retail investors urged to prevent Saba power grab.
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Kotak Bank Q3 Preview: NII may grow 9-11% YoY, provisions likely to rise in double-digits

The Times of India 17 Jan 2025
The bank will announce its Q3 earnings on Saturday, January 18.
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BankNewport names Christine Hayes Vice President, Business Development Manager

Kent County Daily Times 17 Jan 2025
... throughout the Bank. “We are thrilled to have Christine take on this exciting new position,” said Mary Leach, Executive Vice President, Chief Retail Banking and Lending Officer.
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Hobby Lobby launches new San Jose store as retailer preps expansion

East Bay Times 17 Jan 2025
Retail . ... Retail . ... Retail .. Tech firm moves HQ to Santa Clara campus where Silicon Valley Bank operated. Retail . ... Retail . ... “They are a big-volume retailer and they are very successful and well-regarded.”.

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