Hong Kong’s US$25 billion pile of soured debt spurs talks to form ‘bad bank’
The pile of non-performing loans (NPLs) at Hong Kong lenders has grown so large that some in the industry have ...
Tag: Bank
Liquidators file legal proceedings against Standard Chartered Bank over 1MDB fraud
Published Tue, Jul 1, 2025 · 01:49 PM Liquidators seeking to recoup misappropriated funds from Malaysia’s sovereign wealth fund 1MDB ...
Standard Chartered Bank faces US$2.7 billion lawsuit over alleged role in 1MDB fraud
The move is the latest in a wide-ranging effort to recover money belonging to 1Malaysia Development BerhadPublished Tue, Jul 1, ...
Standard Chartered faces US$2.7 billion lawsuit over alleged role in 1MDB fraud; bank ‘emphatically rejects’ claims
Liquidators seeking to recoup misappropriated funds from Malaysia’s sovereign wealth fund 1Malaysia Development Berhad (1MDB) have initiated legal proceedings against ...
Circle applies for US trust bank license after bumper IPO
Stablecoin firm Circle is applying to create a national trust bank in the US, a major move after its blockbuster ...
Bank of Korea halts digital currency project, pausing talks with banks
Published Mon, Jun 30, 2025 · 10:50 AM South Korea’s central bank halted its digital currency testing project, telling participating ...
Thailand central bank vows to step in if baht moves are unhinged
Thailand’s central bank is ready to tackle excessive baht volatility by managing any moves “unhinged” from its fundamentals, a deputy ...
Israel Labels Iran’s Central Bank as Terror Entity Amid Rising Tensions
Israel has officially labelled Iran's Central Bank a terrorist entity, citing its alleged role in financing militant operations across the ...
Bank of Korea overhauls repo framework amid changing liquidity conditions
The Bank of Korea (BOK) said it’s revamping its open market operation framework to increase its operational flexibility to manage ...
Indonesia’s yield curve may steepen as Bank Indonesia unwinds intervention
Indonesia’s sovereign yield curve is set to steepen as the central bank reduces its use of short-term rupiah securities, prompting ...
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