Sumitomo Mitsui taps Kx technology to launch e-FX platform
First Derivatives division Kx has entered into a deal with Japan’s Sumitomo Mitsui Banking (SMCB) to build its next generation…
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Lloyds to sell Japanese remittance business to Shinsei Bank
Lloyds Banking Group plans to sell its remittance business in Japan GoLloyds to Tokyo-headquartered Shinsei Bank for an undisclosed sum.…
ByBank of Tokyo Mitsubishi UFJ 9M10 profits up 154%
Bank of Tokyo Mitsubishi UFJ Financial Group (MUFJ) Japans largest financial group has posted a net income of 551.8bn ($6.7bn)…
ByCitibank launches smart banking branch in Romania
Citibanks Romanian unit has launched its first smart banking branch in the countrys capital Bucharest. The launch follows the opening…
ByBank of Tokyo-Mitsubishi UFJ opens retail branch in Hong Kong
Bank of Tokyo-Mitsubishi UFJ (BTMU) has opened its first retail banking branch in Hong Kong because of dreary business outlooks…
ByNews Digest
Fortis shocks with surprise 8bn cash call...BCA acquires 1 percent of Bank DBS Indonesia...BofA gets approval to buy Countrywide...Japans Bank…