Bank

Thai Cabinet approves Vitai Ratanakorn as next central bank chief
Thai Cabinet approves Vitai Ratanakorn as next central bank chief
Published Tue, Jul 22, 2025 · 02:34 PM[BANGKOK] Thailand’s cabinet on Tuesday (Jul 22) gave its approval for Vitai Ratanakorn to be the next governor of the Bank of...
Instead of being a universal bank across Asean, CIMB wants to have niche in each market: group CEO
Instead of being a universal bank across Asean, CIMB wants to have niche in each market: group CEO
[KUALA LUMPUR] CIMB wants to find its niche in each of the markets it operates in, instead of trying to serve every customer segment across Asean, said group chief...
Instead of being a universal bank across Asean, CIMB wants to have niche in each market: group CEO
Instead of being a universal bank across Asean, CIMB wants to have a niche in each market, says group CEO
[KUALA LUMPUR] CIMB wants to find its niche in each of the markets it is in, instead of trying to serve every customer segment across Asean, said group chief...
Australia central bank wary of cutting rates too quickly, prudent to await more data
Australia central bank wary of cutting rates too quickly, prudent to await more data
[SYDNEY] Australia’s central bank judged lowering interest rates for a third time within four meetings was not consistent with its strategy of easing in a cautious and gradual manner,...
Bank of England considers shelving plans for a digital pound
Bank of England considers shelving plans for a digital pound
[LONDON] Bank of England (BOE) officials are mulling whether to set aside plans to create a digital pound for households amid growing scepticism over the project’s benefits, the latest...
Asset manager IPCG accuses Deutsche Bank of breaching agreement, files lawsuit
Asset manager IPCG accuses Deutsche Bank of breaching agreement, files lawsuit
[SINGAPORE] Asset manager Invest Partners Capital Group (IPCG) is suing Deutsche Bank for allegedly breaching a contractual agreement governing their external asset management arrangement, according to court documents filed...
Asset manager IPCG accuses Deutsche Bank of breaching agreement, files lawsuit
IPCG accuses Deutsche Bank of breaching agreement, files lawsuit
[SINGAPORE] Asset manager Invest Partners Capital Group (IPCG) is suing Deutsche Bank for allegedly breaching a contractual agreement governing their external asset management arrangement, according to court documents filed...
G20 finance chiefs back central bank independence in first communique since October
G20 finance chiefs back central bank independence in first communique since October
[DURBAN, South Africa] Finance chiefs from the Group of 20 countries stressed the importance of central bank independence while pledging to boost cooperation in a communique they issued on...
Hong Kong’s US billion pile of soured debt spurs talks to form ‘bad bank’
Hong Kong’s US$25 billion pile of soured debt spurs talks to form ‘bad bank’
[HONG KONG] The pile of non-performing loans (NPLs) at Hong Kong lenders has grown so large that some in the industry have discussed the creation of a “bad bank”...
Liquidators file legal proceedings against Standard Chartered Bank over 1MDB fraud
Liquidators file legal proceedings against Standard Chartered Bank over 1MDB fraud
Published Tue, Jul 1, 2025 · 01:49 PM[KUALA LUMPUR] Liquidators seeking to recoup misappropriated funds from Malaysia’s sovereign wealth fund 1MDB have initiated legal proceedings against Standard Chartered Bank...