All posts tagged "consumer banking"
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482Australia & NZACCC Approves NAB Acquisition of Citi Consumer Business
In its review, which focused on competition in the supply of credit cards, the ACCC found that the transaction "would not substantially lessen competition".
November 26, 2021 -
205KoreaFSC Korea Orders Citi to Submit Detailed Plans on Market Exit
Citi is asked to submit a detailed plan for how it will protect consumer rights as it exits its retail banking business in Korea.
November 1, 2021 -
114Australia & NZACCC Opens Competition Inquiry Into NAB-Citigroup Deal
The ACCC has asked interested parties to submit their views regarding NAB’s proposed acquisition of Citigroup’s Australian consumer banking business by 13 September.
August 31, 2021 -
163Australia & NZNAB Enters Agreement to Acquire Citigroup Consumer Business
Subject to regulatory approvals from the Treasury, APRA and the ACCC, the acquisition is expected to be complete by March 2022.
August 11, 2021 -
275AML / KYCTaiwan FSC Fines Taishin Int’l Bank for Oversight Failures
A Taishin customer relationship manager stole TWD 347 million from nine customers over more than a decade by asking them to sign blank transfer forms.
July 26, 2021 -
188Australia & NZ
ACCC Wary of Potential NAB Bid for Citigroup Unit
NAB is in talks about a possible acquisition of Citigroup’s Australian retail banking business. The ACCC says it is paying close attention.
July 18, 2021 -
173Market InfrastructureTechnology Skills in Short Supply in Financial Sector: Menon
A mismatch between demand and supply means that Singapore will have to continue to depend on foreigners to fill growing vacancies for technology jobs.
May 12, 2021
