Andrew Bailey named as next Bank of England governor

LONDON (AP) — The British government has named Andrew Bailey, head of the U.K.’s finance watchdog, as the next governor of the Bank of England. The appointment of Bailey, who current...

Digital-only LINE Bank to open shop in Taiwan next year

TAIPEI (Taiwan News) — LINE Financial Corporation is expected to open its first all-digital bank in Taiwan in the second quarter of 2020, the company announced on Thursday (Nov. 28). LINE Ban...

Taiwan approves three online banks

TAIPEI (Taiwan News) – The Financial Supervisory Commission (FSC) on Tuesday (July 30) unexpectedly approved all three applications it had received for Web-only banks. Previously, the governm...