Bloomberg Japanese banks, long content to foster the nation’s love for cash, are now diving into digital payments thanks to a regulatory change that threatens to usher in new rivals. In recent months, lenders around the country have announced a flurry of initiatives designed to grab a slice of the $50 billion market for electronic settlements. Projects are under way ...

Bloomberg Danske Bank A/S unveiled a set of broad changes to its management team, replacing its head of wealth management and appointing a new finance chief as part of a plan it says will make its business more efficient. The reorganisation was announced just one day after Denmark’s biggest bank, which is based in Copenhagen, said an executive who had ...

Bloomberg Bank of Nova Scotia and Toronto-Dominion (TD) Bank have some of the widest gender pay disparities among Canadian lenders in their UK operations, according to regulatory disclosures. Scotiabank, Canada’s third-biggest len-der, pays women 44 percent less than men on average in the UK, with the gap widening to 72 percent for bonuses, according to regulatory disclosures. Scotiabank’s London operations ...