Business
Indonesia’s state banks eye bigger share of growing wealth market in Singapore
Bank Negara Indonesia (BNI) and Bank Mandiri, Indonesia’s state-owned banks, are pulling out all the stops to make their mark in…
Tag
Banks
Business
China’s Big Five banks post slimmer margins as economic challenges persist
[SHANGHAI/HONGKONG] China’s Big Five lenders on Tuesday (Apr 29) reported narrower margins on their first-quarter earnings and some a drop…
Business
Indian banks hit record as new RBI liquidity rules boost outlook
The rally – led by private lenders – reflects growing investor confidence that the sector’s credit growth is recovering from last year’s…
Business
House China committee urges US banks to drop CATL listing roles
The chairman of a US congressional committee on China is calling on Bank of America and JPMorgan Chase to withdraw from working on the…
Business
Big Banks Are Not Bakers
When it comes to de-banking, the comparison of a bank’s activities to an artist’s free expression bounces like a bad check. Source link
Politics
Top Pro Bono Leader Resigns from Paul Weiss, a Firm Hit in Trump’s Crackdown on Big Law
The leader of the pro bono practice at Paul, Weiss, Rifkind, Wharton & Garrison is resigning from the law firm, within weeks of the elite…
Business
Singapore banks face nickel questions
Singapore’s three banks have come under an uncomfortable spotlight for their financing of Indonesia’s Harita Nickel, a mining company…
Business
Trump’s tariff chaos becomes US$700 billion storm for big banks
Financial services are excluded from Donald Trump’s trade war for now. Banks are still feeling the pain. HSBC Holdings’s market value has…
Business
Risks of bad loans, slowdown in region spark cuts in banks’ target prices; DBS downgraded to ‘sell’, OCBC, UOB get ‘hold’ rating
Analysts have downgraded their outlook on Singapore banks amid concerns of weaker loan growth and higher credit costs, as US President…
Business
One Raffles Quay inks S$1.13 billion sustainability-linked loan from DBS, other banks
The office complex will work towards meeting targets such as reducing energy and water usage by 20-29% Office complex One Raffles Quay has…
Business
Panin Bank a good fit for DBS’ Indonesia operations; Singapore bank’s surplus capital can fund potential acquisition
A potential acquisition of Indonesia’s Panin Bank could benefit from DBS’ strong track record of turning around unprofitable targets, and…
Business
Buffett’s Berkshire Hathaway mandates banks for yen bond deal
WARREN Buffett’s Berkshire Hathaway is planning to sell yen bonds in the global markets, after the billionaire revealed that the firm is…
News
Trump Insists Economy Not About to Explode as Banks Warn Differently
An open letter to the legal community, organized by Delaware Attorney General Kathleen Jennings and signed by 21 state attorneys general,…
Business
4 China state banks plan 520b yuan placements to add capital
Four of China’s largest state banks plan a total of up to 520 billion yuan in private placements to boost core tier-1 capital, after…
Business
Mapletree Industrial Trust banks on diversification for sustainable returns
It is not heading towards becoming a 100% data centre Reit; resilient Singapore industrial portfolio will continue to be a key area, says…
Business
Business Collateral: What Banks Really Want
When you’re looking to secure a business loan, one of the most important things to consider is collateral. Collateral can be a game…
Politics
Republicans Just Made It Easier for Banks to Screw People Over
House Speaker Mike Johnson was aware of some of the discussions taking place earlier in the day to keep Stefanik in the lower chamber,…
Business
China banks ramp up bad property loan disposals to boost economy
China’s big banks are accelerating a drive to write off soured property loans to clean up their balance sheets as they heed calls by…
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
Ex-Goldman analyst’s hedge fund reaps 300% on small Japan banks
Katsunori Tanaka spent most of his 19 years at Goldman Sachs scrutinising Japan’s biggest banks as an equity analyst. Now he’s making…
Business
S-Reits surge as banks decline; see beginnings of a rebound
Trade tensions in global markets were evident in the performance of global banks in recent weeks. The Singapore trio of DBS, OCBC and UOB…
Politics
Trump trade upheaval leaves foreign central banks guessing
Slowing economic growth mixed with a bout of renewed inflation risks moving the US from global overachiever to a drag on the rest of the…
Business
Europe: Shares slip after global central banks flag economic uncertainty; Switzerland cuts rates
EUROPEAN shares closed lower on Thursday, after four sessions of gains, as investors booked some profits and assessed interest rate…
Business
Volatile markets, heightened uncertainty may slow banks’ hiring: recruiters
The recent series of job cuts underscore the challenges lenders are grappling with; US banks’ layoffs could ripple through to Singapore…