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Asia
Asian Infrastructure Investment Bank urges global cooperation as it marks a decade of development
BEIJING: Stronger cross-border cooperation and candid dialogue are critical as the world grapples with rising geopolitical tensions and economic uncertainty,…
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Asia
Vietnam developer proposes 15-year rescue for bank at heart of giant fraud, documents show
HANOI: The bank at the centre of Vietnam’s biggest financial fraud has received a central bank bailout amounting to 5…
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Spain
Sabadell Bank raises shareholder payout promise as BBVA eyes takeover
The Spanish lender aims to offer shareholders €3.3 billion, including more than €1bn in buybacks this year. ADVERTISEMENT Spain’s Sabadell…
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Spain
BBVA’s bid for Banco Sabadell hit by lengthened competition review
Spanish bank BBVA is experiencing yet another delay in its hostile takeover bid for Banco Sabadell, following increased requirements put…
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Spain
European Central Bank approves BBVA’s offer for Banco Sabadell
Although the European Central Bank (ECB) has approved this offer, BBVA still needs other regulatory approvals for the acquisition to…
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Asia
Former vice-chair of China’s banking regulator handed life sentence
BEIJING: A former vice-chairman of China’s banking regulator has been sentenced to life imprisonment, state media reported on Friday (Dec 29),…
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