AUSTRALIA’S competition watchdog said on Thursday that the National Australia Bank had paid a fine of A$751,200 (S$629,000) over alleged breaches of consumer data right rules due to failures to ...

NTT Docomo, the mobile arm of Japan’s Nippon Telegraph and Telephone Corporation (NTT), is set to acquire a majority stake in SBI Sumishin Net Bank for approximately $2.9 billion (JPY 450 billion).

<p>NTT Docomo Inc. will acquire a majority stake in SBI Sumishin Net Bank Ltd., a major Japanese online bank, and make it a subsidiary, the company announced Thursday. The move is aimed at ...

[TOKYO] NTT Docomo is buying SBI Holdings’ online bank in a 420 billion yen (S$3.7 billion) deal to shore up the Japanese mobile carrier’s financial offerings in a hyper-competitive market.

NTT Docomo has been building up a portfolio of financial services assets over the past two yearsNow it is set to acquire a majority stake in online banking fir… ...

The wholly owned mobile-carrier unit of NTT, intends to launch a tender offer to purchase shares of SBI Sumishin Net Bank and take it private.

A unit of Japanese telecom giant Nippon Telegraph & Telephone plans to acquire SBI Sumishin Net Bank in a deal valuing the major Japanese internet-banking services provider at $5.1 billion, part ...

NTT Docomo's purchase of SBI Sumishin Net Bank means that all major telecommunications companies in Japan will own their own financial institutions. (Source photos by Nikkei) ...

NTT reached a deal for its mobile unit NTT Docomo to acquire a stake in SBI Sumishin Net Bank via a tender offer.

NTT will take a roughly 8 % stake in SBI Holdings for about 110.8 billion yen by underwriting new shares to be issued through a third-party allotment scheme. NTT Docomo plans to acquire nearly ...