News

Nigeria's top lender by assets, Access Bank, has acquired Kenya's Transnational Bank, the Kenyan central bank said on Friday.

As cash runs short at Lebanon's banks, so has the patience of depositors. Hit by restrictions on withdrawals, some are taking extreme steps, occupying branches and in one case taking an employee hostage, to squeeze what they can from their accounts.

* PM offers resignation after embarrassing recording circulates

HSBC is cutting around 100 roles in its equities business with the bulk of the layoffs falling on its continental European trading floors, sources familiar with the matter told Reuters.

China's securities watchdog said on Friday that it would keep equity supply and demand in balance in 2020 as it pushes for further reforms in the capital markets while containing financial risks.

SoftBank has offered to invest up to $40 billion in the new capital city Indonesia plans to build on Borneo island, a minister said on Friday, though the Japanese tech conglomerate said no figure had been suggested yet. Indonesian President Joko Widodo announced in August plans to move the administrative capital...

Mitsubishi UFJ Financial Group Inc on Friday said it was replacing its CEO with its digital chief after one year, a rare move that illustrates the deepening urgency at Japan's biggest bank about the rise of fintech.

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Intense thunderstorms with heavy rains dampened bushfires on Australia's east coast on Friday, to the relief of exhausted firefighters and farmers battling years of drought, and granting a reprieve to the organisers of next week's Australian Open.

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Data protection watchdog to start investigating companies in breach of GDPR

From pasta in Covent Garden to fine Japanese dining, you’re spoilt for choice in the UK capital