Bloomberg Deutsche Bank cut correspondent banking ties with Standard Bank Group Ltd’s Zimbabwean unit, dealing a body-blow to one of the few remaining international banking providers operational in the southern African nation. Stanbic Bank Zimbabwe Ltd is the latest lender to have its US dollar correspondent banking services terminated by an international bank. “Deutsche Bank were no longer able to ...

Bloomberg HSBC Holdings Plc’s chief executive officer for Canada, Linda Seymour, spent her first year on the job as what she calls “a virtual CEO.” While Seymour is looking forward to that phase of her tenure being over, experience has validated her priorities at the helm of one of country’s biggest banking operations. Seymour, who took over as president and ...

Bloomberg Barclays Plc is the latest bank in the United States to keep unvaccinated staff at home for the time being. “As we continue inviting our colleagues back to our offices in New York, we made a decision to focus initially on those already vaccinated,” Barclays said. Banks are bringing more staff back to their premises around the world after ...