Culture
Asia banks stick with net-zero group that Wall Street abandoned
SEVERAL large Asian banks have joined their European peers in offering support to the industry’s biggest climate alliance, after a wave of…
Tag
Banks
Culture
Tourism bounce helps Thai banks trim bad loans from three-year high
NON-performing loans at Thailand’s commercial banks dropped from a three-year high as a post-pandemic tourism recovery boosted debt…
Culture
Aussie “Big Four” banks cut rates, mirroring central bank
AUSTRALIAN “Big Four” lenders cut their interest rates by 25 basis points on Tuesday (Feb 18), in tandem with the central bank cutting its…
Culture
Card-issuing banks in Singapore to require additional verification for mobile wallet users
Major card-issuing banks have prevented S$53.9 million of losses in Q4 2024, ABS says THE Association of Banks in Singapore (ABS) said on…
Culture
Indian central bank’s surprise, outsized intervention eases bearish bias on rupee
THE Indian central bank’s unexpected and decisive intervention in the foreign exchange markets over the past two days, worth as much as…
Culture
ABS introduces digital tool for banks to verify trade financing documents
BANKS in the Republic can now better tackle trade finance fraud with a new automated digital tool that checks the authenticity of bills of…
Culture
Singapore’s STI breaks through to a new record as banks hit fresh highs
SINGAPORE’S Straits Times Index (STI) has broken through to a new record high on Monday (Feb 10). The index traded as high as 3,912.38…
Fashion
Coinbase urges US regulators to clear path for banks to offer crypto services
The administration is expected to reshape US policy on digital currency, but US bankers have so far remained cautious on cryptocurrencies…
News
Why Banks May Be Hoping You’re Not Paying Attention
The median American household has a combined balance of $10,000 in its checking and savings accounts, according to a census estimate. For…
Fashion
Singtel’s Optus secures A$1.95 billion in credit facility with 12 banks
SINGTEL’S Australian subsidiary, Optus, has inked a A$1.95 billion (S$1.64 billion) committed revolving credit facility with 12 banks to…
Culture
Hong Kong’s property distress is catching up with city’s banks
DISTRESSED property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses. The city’s…
News
Trump Lashes Out at Banks Over Treatment of Conservatives
President Trump took an unexpected swipe on Thursday at the big banks that have cheered his return to office, as he raised longstanding…
Fashion
Barclays sees heightened competition in India from Japan banks - The Business Times
A RENEWED push by Japan’s biggest banks and other global lenders in India is driving down loan prices with the new players having more…
Culture
Sunway Healthcare picks banks for what could be biggest Malaysia IPO in years - The Business Times
SUNWAY has picked banks including HSBC Holdings and Malayan Banking to help arrange an initial public offering (IPO) of its healthcare…
Culture
Banks running Trump ‘war rooms’ as trade ructions expected - The Business Times
BANKERS at JPMorgan worked through the night in a “war room” to try and assess the early impact of US President Donald Trump’s…
Fashion
China’s battery giant CATL hires banks for first-half Hong Kong float: sources
CHINESE battery giant CATL has hired banks, including JPMorgan and Bank of America, to work on a Hong Kong listing, in what could be one…
Fashion
How the Fed will help Singapore Reits outshine banks
SINGAPORE property owners have spent a long time languishing in the shadow of the chart-topping performance of the island’s banks. But…
Culture
Japan’s NTT appoints banks for US$1 billion data centre Reit IPO in Singapore: sources
JAPAN’S Nippon Telegraph & Telephone Corp (NTT) has appointed Bank of America and UBS to work on a US$1 billion data centre real estate…
Fashion
Singapore banks reverse midweek gains on Friday, dragging STI down 1.6%
SINGAPORE equities fell on Friday (Jan 10), driven by losses in the banks and other Straits Times Index (STI) counters. The benchmark…
Culture
Wall Street bonuses to jump by double digits at big banks
ATOP Wall Street’s largest investment banks, executives are locking in plans to award traders and dealmakers their biggest bonus increases…
News
Banks Are Racking Up Wins Even Before Trump Is Back in White House
Banks are on a winning streak, one that’s poised to intensify as President-elect Donald J. Trump takes office. Biden-appointed regulators…
Fashion
From banks to tech: The Singapore winners from the Johor-Singapore SEZ
SINGAPORE and Malaysia have established a new Johor-Singapore Special Economic Zone (JS-SEZ) that will drive investments in key sectors.…
Fashion
From banks to tech: Potential Singapore winners from the Johor-Singapore SEZ
SINGAPORE and Malaysia have established a new Johor-Singapore Special Economic Zone (JS-SEZ) that will drive investments in key sectors.…
Fashion
Singapore police partner banks to prevent S$73 million in potential scam losses
Two-month operation relies on robotic process automation technology to detect possible victims, enabling authorities to reach out to them…