Business
Australia’s central bank holds rates steady, warning of ‘pronounced’ global risks
Australia’s central bank on Tuesday left its cash rate steady as widely expected, saying it was still cautious about the outlook, although…
Tag
Bank
Business
Australia’s central bank holds rates as it frets over trade war risk
Australia’s central bank on Tuesday (Apr 1) left its cash rate steady as widely expected but took a small step towards further easing in a…
Business
Who Is Charlie Javice and How Did She Defraud Wall Street's Biggest Bank of $175 Million
A shocking conviction of a young and promising female entrepreneur in a multi-million-dollar fraud case has rocked the U.S. fintech…
Business
Deutsche Bank extends CEO's mandate and revamps board in crucial year
Deutsche Bank has extended CEO Christian Sewing’s contract, while its deputy and another top executive will depart as part of a management…
Business
Robinhood, moving beyond meme stocks, now wants to be your bank
Robinhood Markets has moved past its meme stock days to become known as the go-to trading platform for retail investors of all stripes –…
Politics
Donald Trump issues executive order for "America's bank account"
President Donald Trump signed an executive order Tuesday to overhaul how the federal government tracks and manages trillions of dollars in…
Business
DBS leading race to buy controlling stake in Indonesia's Panin Bank
DBS Group, South-east Asia’s top bank by assets, is the frontrunner to buy a controlling stake in Indonesia’s Panin Bank, three people…
Business
ECB pushes back against calls for looser bank rules
The European Central Bank (ECB) has pushed back against calls to loosen rules for eurozone banks despite fears they could fall behind US…
Business
Trust Bank rolls out money lock anti-scam feature Trust Lock
Trust Bank announced the roll-out of its money lock feature, Trust Lock, for customers on Wednesday (Mar 26). This allows Trust customers…
Business
Chocolate Finance takes a S$500 million hit in ‘bank run’; looking to return to business as usual
CEO sees the orderly manner in which platform handled the deluge of withdrawals as a success Around S$500 million in net withdrawals were…
Business
Chocolate Finance takes a S$500 million hit in ‘bank run’; looking to return to business as usual
CEO sees the orderly manner in which platform handled the deluge of withdrawals as a success Around S$500 million in net withdrawals were…
Business
Malaysia central bank sees significant growth hurdles ahead
Malaysia’s central bank said that growth risks loom large in its monetary policy considerations, as brewing global trade disputes and…
Business
Thai users share staged clip as genuine footage of 'Bank of China ex-chairman after death sentence'
Thai social media users have shared a staged video of a man being taken away with the false claim it is genuine footage of the former Bank…
Business
Transforming and developing a bank, the Japanese way
Under a new scheme, staff are posted overseas for six months to take a different role; this overseas working experience facilitates…
Business
China’s central bank says it will boost forex market resilience
The bank will study creating new structural monetary policy tools and support the investment and financing of technology innovation,…
Business
Role of Indonesia central bank must be strengthened to support growth ambitions, top lawmaker says
Indonesia’s economic growth has hovered at around 5 per cent in the past few years The role of the Indonesia’s central bank must be…
Business
Singapore financial sector may cut hiring amid volatile markets, global bank layoffs
The recent series of job cuts underscore the challenges lenders are grappling with; US banks’ layoffs could ripple through to Singapore…
Business
Bank of England keeps rates on hold
The Bank of England held interest rates at 4.5 per cent and warned against assumptions that they would be cut over its next few meetings…
Business
Chocolate Finance: Bank or fund manager?
The two may have overlapping traits, but industry watchers say the differences must be made obvious to customers For less-savvy investors,…
Business
Consumer agency drops Zelle lawsuit against big banks in latest legal pullback
In the waning days of the Biden administration, the Consumer Financial Protection Bureau filed a series of lawsuits against financial…
Business
Thai central bank surprises with rate cut as risks to growth increase
THE Bank of Thailand unexpectedly cut its key interest rate for the first time in four months, acting after disappointing growth data and…
Business
Bank of Korea cuts rate to boost demand as Trump tariffs cast shadow
THE Bank of Korea (BOK) cut its benchmark interest rate in a widely expected move to support an economy jolted by political turmoil and…
Politics
Bank of Korea signals more rate cuts as Trump’s tariffs take shape
BANK of Korea (BOK) governor Rhee Chang-yong signalled more policy easing to come this year as the central bank cut its benchmark interest…
Business
Trust Bank hits one million customers, launches investment products
SINGAPORE digital bank Trust Bank has hit the one-million-customer milestone, making up about 20 per cent of the adult population in the…