SYDNEY, Australia—Australia is preparing criminal cartel charges against the country’s third-biggest bank and underwriters Deutsche Bank and Citigroup over a $2.3-billion share issue, in an unprecedented move with potential implications for global capital markets.
THE globe
CU News From Around the Planet
NENAGH, Ireland–Nenagh Credit Union here hosted a delegation of credit union leaders from Kenya, Malawi and Tanzania Africa during which they discussed best practice in day-to-day credit union operations, including governance, marketing and community and cooperation.
TOKYO—Seven Japanese regional banks have teamed up to create a financial technology research company that aims to leverage AI and robotic process automation (RPA) technologies to survive declining loan demand and ultralow interest rates that have pushed banks into partnerships and consolidation just to stay afloat.
NEW DELHI, India—It appears that the government of India is not banning cryptocurrencies, instead contemplating taxing them.
MADISON, Wis. — The Worldwide Foundation for Credit Unions (WF), the philanthropic arm of the World Council of Credit Unions, has launched its new website, DoGlobalGood.org, along with the new tagline, “Do Good. Do Global Good.”
MANCHESTER, U.K.–The Co-operative Credit Union here said it has adopted the global cooperative mark as part of its new brand and color scheme.
TORONTO–Two Canadian banks said the personal data of at least 90,000 customers may have been breached.
ADELAIDE, Australia–Four credit unions here that have been sponsoring a well-known Christmas parade here for nearly 20 years say this will be their last year as the naming-rights sponsors.
DUBLIN, Ireland–Ireland’s credit unions have again been named by consumers as the most highly regarded brand in the country and the most trusted provider of financial services.
LONDON–Among consumers in the United Kingdom, the use of Internet banking on a computer has fallen for the first time, as users switch to mobile apps, according to a new report.