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Four finance sector executives scored gongs in the Queens Birthday honours. read more

The British government is preparing to review the tax on banks to prevent large multinational banks from leaving London's financial centre and shifting operations overseas. read more

Singapore bank DBS has received regulatory approval to operate in Australia, and plans to open a branch in Sydney later this month. The bank will offer institutional banking services. read more

National Australia Bank has completed the retail component of its share issue, raising A$2.04 billion. The institutional component, which was completed last month, raised $2.7 billion. read more

The launch of Samsung Pay, a joint venture between the handset maker and MasterCard and Visa, is to be delayed from July until September, reports Bloomberg. read more

Two lenders, Bendigo and Adelaide Bank and Pepper Australia, launched issues of residential mortgage-backed securities yesterday. read more

Bank Kerjasama Rakyat Malaysia plans to expand its services to Indonesia by joining up with Bank Rakyat Indonesia. read more

National Australia Bank's e-commerce platform, NAB Transact, has been playing up for the past few weeks, with the bank acknowledging slow performance and a series of log-in issues and time-outs. read more

JP Morgan has appointed David Lau as head of global investment banking for Hong Kong. read more

The China Banking Regulatory Commission has granted Commonwealth Bank a renminbi licence for its Shanghai branch. read more