Reuters Saudi Arabia’s largest lender by assets, National Commercial Bank (NCB), plans to expand overseas, growing its Turkey franchise while exploring new markets including Malaysia, Indonesia and Egypt, its chairman said. The move could break the mould of the kingdom’s banking sector, which hosts a range of large and well-capitalised financial institutions but which have traditionally focused on serving ...

  Bloomberg Australia & New Zealand (ANZ) Banking Group Ltd. is getting rid of about 200 jobs in its Australian unit as lending growth slows in a subdued economy. The reductions will be largely in Melbourne and affect managerial and back-office roles in areas such as marketing and project management, Melbourne-based spokesman Stephen Ries said in an e-mail on Tuesday. ...

  REUTERS BSI SA, the Swiss bank embroiled in global probes into 1Malaysia Development Bhd. (MDB), is investigating employees and their dealings related to the embattled Malaysian state investment fund, according to people familiar with the matter. One of the employees the private bank is investigating in Singapore is Kevin Swampillai, the manager of the first banker to be charged ...