Consequent to confidential details of tax affairs of over 4,000 Britons with an HSBC bank account in Jersey out in the open, there seems to be a nearing threat to account holders. It has been claimed that the names and rest of the details of the account holders in the UK have been prepared by HM Revenue & Customs.
There is no doubt over the financial stiffness countries around the world are facing but the gross profit Australian banks have made this year has caught the attention of one and all. The big four Australian banks, BNZ, ANZ/National, Westpac and ASB, were reported to have gained a combined $3.4 billion profit after tax in New Zealand, thereby showing an increase of some 20% on last year's record.
To calm the outrage of as many as 15,000 of its shareholders, NAB has decided to pay a huge compensation, a recent report has revealed.
In a statement given by the largest bank of France, B. N. P. Paribas, on Wednesday, it has been revealed that there has been a rise in the net income during the third quarter, which is almost twice the previous one. The bank gives the credit to its investment banking unit, which showed a significant performance, which helped the bank make it to its capital adequacy benchmark before the expected date.
It has been a favorable day for Japan, after its government rose for the second time this Monday. It has been reported that the country's targeted profits were past the three-week high score attained previous week, on certainty that Bank of Japan is stick to its simple financial attitude.
With today’s decision at the High Court, thousands of ANZ customers have finally won the case in their favor and now they can proceed to knock the doors of Federal Court to help them get their money back that has been charged from them in terms of honour, dishonour, non-payment and over limit fee by the bank.
Good News USA
- Vodafone NZ’s new ‘Red Home’ packages will offer UFB and 150 TV channels
- Vodafone NZ’s full-year profit plunged by more than two-thirds to $56 million
- Vodafone adding 34 European countries to ‘AU$5 per day’ international roaming option
- Telstra launches its new ‘Every Day Connect Data Share Packages’
- Voyager signs “multimillion-dollar deal” with submarine cable group Hawaiki