Tuesday, Feb 24, 2026

International Finance

Tag : Bank

Banking

MUFG signs a co-operation framework with the Saudi Arabian General Investment Authority

International Finance Desk
by International Finance Desk
The Framework is a further milestone for MUFG, cementing its efforts to positively contribute to economic development in the Kingdom March 20, 2017: MUFG’s banking subsidiary, The Bank of Tokyo-Mitsubishi UFJ, Ltd, has signed a Framework of Co-operation (Framework) with the Saudi Arabian General Investment Authority (SAGIA). MUFG, or Mitsubishi UFJ Financial Group Inc, is...
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Banking

Banco Santander’s Q4 profit rose to 1.6 billion euros

International Finance Desk
by International Finance Desk
For 2016, Spain’s biggest bank reported net profit of 6.2 billion euros IFM Correspondent January 27, 2017: Banco Santander SA said fourth quarter profit rose to 1.6 billion euros on lower provisions for bad loans and higher income from fees and from its business in Brazil. Spain’s biggest bank boasted a 4 percent rise in...
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Banking

UK’s payment systems regulator to foster more competition

International Finance Desk
by International Finance Desk
Right now, the sector mainly consists of bank controlled monopolies IFM Correspondent January 3, 2017: The UK’s Payment Systems Regulator (PSR) has decided to foster a more competitive domestic playing field. PSR has three main objectives — promote competition, promote innovation and ensure that payment systems are developed and operated in the interests of users. According...
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