Business
Cyberattack disrupts banking services in Iran
Electronic banking services in Iran were severely disrupted on Saturday after a cyberattack targeted several state-owned banks,…
Tag
Banking
Culture
Banking trio ends lower, weighing on STI
Across the broader market, decliners outnumber gainers 310 to 259 after 1.6 billion securities worth S$1.7 billion change hands Singapore…
Business
Ripple Leverages Japanese Banking Giants to Drive XRP Ledger Activity
XRP ETF surpasses Bitcoin and Ethereum. Photo by BeInCrypto Ripple Labs is doubling down on its presence in Japan, drawing on longstanding…
Culture
Citigroup to boost Japan investment banking team on deal boom
Other banks are strengthening their investment banking operations in Japan as well CITIGROUP will further increase its investment banking…
Culture
OCBC customers unable to log into mobile banking app
OCBC customers are experiencing difficulties logging into the bank’s mobile application on Thursday (Nov 27). On outage tracking site…
Culture
OCBC’s Internet and mobile banking services fully restored after two-hour outage
OCBC customers experienced difficulties logging into the bank’s mobile application on Thursday (Nov 27). On outage tracking site…
Culture
OpenAI recruits ex-bankers to train AI to eliminate banking grunt work
Participants are paid US$150 per hour to write prompts and build financial models for a range of transaction types OpenAI has more than…
Culture
Banking shares’ wobbles reveal growing unease over credit risks
The markets have weathered a string of credit scares and surprise write-downs over the past two years A clutch of bad loans at banks in…
Culture
Net-Zero Banking Alliance formally winds down after Wall Street exodus
THE world’s biggest climate alliance for banks said on Friday (Oct 3) that it has ceased operations, bringing to a formal end a project…
Culture
Citi names banking veteran Lee Lung-Nien as new Singapore country officer and banking head
He will step into the new role on Oct 6, and is the first Singaporean to hold the post in 50 years Citi has appointed Lee Lung-Nien as…
Culture
ANZ starts cutting jobs in institutional banking division
Precisely how many roles will be eliminated from the restructure remains unclear, and the bank has said that it will update investors on…
Culture
Deutsche Bank puts India retail banking business up for sale
Deutsche Bank is exploring the sale of its Indian retail banking assets and has invited bids from domestic and foreign lenders in the…
Culture
Barclays latest British lender to quit climate banking alliance
The NZBA lists more than 100 members on its website, including leading international financial institutions Barclays has become the latest…
Culture
US banking giants reap gains from dealmaking rebound
Large US banks expressed optimism about the investment banking outlook for the rest of the year after dealmaking rebounded in the second…
Culture
US bank profits to climb on stronger trading, investment banking
Major US banks are expected to report stronger profits next week, driven by buoyant trading and a modest rebound in investment banking.…
Culture
Barclays names several leadership changes in its Asia Pacific investment banking unit
Richard Satchwell has been appointed head of capital markets financing for Asia-Pacific at Barclays, among other key leadership changes…
Culture
HSBC private banking arm names new Apac head of wealth planning
Ann Ling brings more than two decades of financial services experience to the role, which she will assume on Jul 1 HSBC Global Private…
Culture
Singapore’s banking hub has a corner where cash is still king
In the heart of Singapore, a financial hub where billions of dollars zip around the world over computer screens in nanoseconds, there’s a…
Culture
Singapore’s banking hub has a busy corner where cash is still king
In the heart of Singapore, a financial hub where billions of dollars zip around the world over computer screens in nanoseconds, there’s a…
Culture
UBS faces tough new Swiss banking sector rules
The Swiss government on Friday (Jun 6) proposed stricter rules for UBS following its takeover of Credit Suisse, which could make it hold…
Culture
Elaine Heng to succeed Linus Goh as OCBC’s head of global commercial banking
OCBC announced on Tuesday (May 27) key leadership changes to its global wholesale banking franchise, to take effect on Oct 1. Elaine Heng,…
Culture
HSBC cuts dozens of analyst jobs in investment banking overhaul
HSBC Holdings has culled more than two dozen analysts in recent days as Europe’s largest lender deepens a restructuring of its investment…
Culture
Hong Leong Bank forms private banking alliance with Lombard Odier
Bursa-listed Hong Leong Bank (HLB) – a subsidiary of Malaysian tycoon Quek Leng Chan’s Hong Leong Financial Group (HLFG) – on Monday (May…
Culture
Goldman Sachs combines Asia investment banking units, names Drayton APAC head
Goldman Sachs is bringing together previously separately-managed three Asian investment banking businesses into one unit to integrate its…