Culture
Hong Kong banks to see wealth ‘windfall’ as fees jump: report
Risk appetite also remains “firm” thanks to expectations of further interest rate cuts by the Federal Reserve through the year Hong Kong…
Tag
Banks
Culture
British banks to join European rivals in hiking profit targets: sources
In continental Europe, many banks have already lifted their profit goals, signalling confidence higher margins will last for years…
Culture
Indonesia’s Merdeka Gold is said to hire banks for Hong Kong listing
Deliberations are ongoing, and the size and timing of the deal are still under discussion Indonesian miner Merdeka Gold Resources has…
Culture
Venezuelan banks will get US$300 million of oil money to sell on exchange market: sources
FOUR Venezuelan banks were notified this week by the country’s government that they will split US$300 million of oil revenues deposited in…
Culture
Wall Street slides at open as investors assess results from big banks
Wall Street’s main indexes fell at the open on Wednesday (Jan 14) as investors digested earnings from Bank of America and Citigroup, while…
Culture
Mitsui OSK inks financing deal for Singapore LNG terminal with banks including DBS, OCBC
The deal is for a newbuild floating storage and regasification unit that will be operated by Singapore LNG Corporation Mitsui OSK Lines…
Business
'Disaster only matter of time': As Hamas incitement rises, more Israelis enter West Bank's Area A
Officials said Hamas is driving incitement in these areas, while lone-actor attacks remain a concern. They urged Israelis to obey the law…
Culture
GLP picks investment banks for 2026 Hong Kong IPO: sources
Deliberations are ongoing and details such as the offering size and timing have not been finalised Investment firm GLP has selected banks…
Culture
Airline Caterer Gategroup said to pick banks for Zurich IPO
The world’s biggest in-flight caterer Gategroup Holding has selected banks for an initial public offering, which could take place as soon…
Culture
China shadow bank’s missed payments show growing property stress
The recent trouble in Zhejiang is a reminder that the problem never fully went away A US$3 billion redemption crisis in eastern China is…
Blog
Sen. Jim Banks predicts Trump's redistricting foes face tough primary cycle in Indiana
Sen. Jim Banks warned Sunday that Indiana Republicans who thwarted President Trump's push for a new redistricting map will pay for it in…
Culture
US regulator grants crypto firms initial approval to launch trust banks
The regulator still has to sign off with a final stamp of approval before each of the trust banks can begin to operate Crypto giants,…
News
Firewood Banks Aren’t Inspiring. They’re a Sign of Collapse.
Most articles about wood banks wrap them in the same tired language. Community spirit. Rural generosity. Neighbors helping neighbors. It’s…
Culture
China’s risky shadow banks back in spotlight after Xi’s debt crackdown
Bridging the funding gap has become more urgent as bond issuance by the special financial vehicles has fallen to its lowest level since…
Culture
How banks handle interest rate swings may soon be clearer to investors
Newly proposed rules by International Accounting Standards Board centre on new Risk Mitigation Accounting model The International…
Culture
Major Chinese banks cut high-yield deposit products to ease margin pressure
Some major Chinese commercial banks have removed five-year, large-scale certificates of deposit that carry a high yield from their…
Culture
Amazon, Flipkart take aim at India’s banks with new consumer loan offerings
Interest rates on loans for consumer durables from traditional lenders typically range between 12% and 22% Amazon is preparing to offer…
Culture
Europe’s Stoxx 600 climbs on Fed cut hopes; banks rally post-UK budget announcement
EUROPE’S main equity indexes closed higher on Wednesday, led by technology stocks as growing expectations of a US rate cut boosted global…
Culture
Rate hikes drive Japan regional banks towards mergers to survive
The lenders are facing increased competition for deposits as an inexpensive funding source with interest rates rising, and new rivals such…
Culture
Banks get US$2.6 trillion from deregulation, Jefferies says
Looser regulation for US banks is expected to unlock some US$2.6 trillion in lending capacity for large financial institutions, according…
Culture
Deutsche Bank’s DWS cuts Asia private credit team in shift: sources
Despite Asia credit pullback, DWS sees alternatives driving growth and plans hires in Singapore DWS Group, an asset management arm of…
Culture
Deutsche Bank’s DWS cuts Asia private credit team: sources
Despite the retreat from Asia private credit, DWS sees alternatives driving growth and plans hires in Singapore DWS Group, an asset…
Culture
Europe's banks face 'unprecedentedly high' risk of shocks, ECB warns
Eurozone banks must prepare for unprecedented shocks causing severe disruptions with far-reaching consequences for financial systems, the…
Culture
Australia's big four banks move to bypass mortgage brokers as profits squeezed
They are looking to offset pressure on profit margins from lower interest rates, higher costs and intensifying competition Australia’s…