Category : Search result: Southeast Asia banking


Fourth US Bank Collapses as First Republic Fails

First Republic Bank becomes latest casualty in American banking turmoil, with JPMorgan acquiring assets in dramatic federal intervention following SVB, Signature and Silvergate failures.

Southeast Asia's Best Winter Sun Beaches

From Thailand's turquoise waters to Vietnam's hidden coves, explore the ultimate guide to Southeast Asia's paradise beaches for your perfect winter escape from the UK cold.

HSBC sued over Bernie Madoff profits in major lawsuit

HSBC confronts explosive legal action alleging the banking giant knowingly profited from Bernie Madoff's notorious Ponzi scheme while ignoring clear warning signs in the largest fraud in Wall Street history.

NatWest Announces Major Banking Overhaul

NatWest Group reveals strategic transformation plan affecting Ulster Bank operations, customer services, and regional banking infrastructure across the UK and Ireland.

ANZ Banking App Crashes in Nationwide Outage

Thousands of ANZ customers across Australia were left stranded as both the mobile app and internet banking services crashed simultaneously, sparking fury and financial anxiety.

Myanmar's KK Park Cyber-Slavery Compound Raided

In a dramatic cross-border operation, authorities have stormed Myanmar's infamous KK Park, unravelling a vast cybercrime network that held thousands in modern slavery conditions while running sophisticated online scams.

Indonesia cancels Chinese fighter jet deal

Indonesia has abruptly terminated its $8 billion agreement to purchase Chinese Chengdu J-10 fighter jets, marking a significant pivot in defence strategy and raising questions about regional military alliances.

South Korea bans Cambodia travel amid scam crisis

South Korea has urgently banned travel to specific Cambodian provinces amid a sophisticated scam operation that has left approximately 80 South Korean nationals missing and feared trapped in forced labour conditions.

Lloyds Bank cuts 1,600 jobs in restructuring

Lloyds Banking Group reveals plans to slash 1,600 jobs while creating 830 new roles in strategic restructuring. The changes affect multiple locations including Bristol and Edinburgh as the bank accelerates its digital transformation.

Lloyds warns of bigger car finance scandal hit

Lloyds Banking Group reveals mounting financial pressure from the car finance mis-selling scandal, with provisions now expected to significantly exceed initial estimates as regulatory scrutiny intensifies.

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