Bank
Bank of Korea considering forward guidance overhaul: sources
THE Bank of Korea (BOK) is considering overhauling how it provides guidance on the likely future path of interest rates by extending the timeframe and giving visual estimates in...
Use of Fed central bank tool grows as cash stockpiling continues
FOREIGN central bank usage of a key US Federal Reserve facility rose for a third week, an indication policymakers around the world keep building cash positions amid warnings they...
India central bank delays exchange-traded derivative rules implementation till May 3
THE Reserve Bank of India on Thursday (Apr 4) delayed the implementation of its consolidated directions for exchange-traded currency derivatives (ETCD) by a month, a move that should ease...
Thai central bank seen cutting rates by 50 bps this year, bond market association says
THAILAND’S Bond Market Association (ThaiBMA) on Thursday (Apr 4) said it expects the country’s central bank to cut rates twice this year starting from June and totalling 50 basis...
Europe’s IPO market not yet open to unprofitable tech: Bank of America
PROFITABILITY still matters when it comes to initial public offerings (IPOs) in Europe, even for tech startups, according to Bank of America (BOA).“Regarding IPOs of pre-break-even tech companies, we...
Bank of China says net interest margin will continue to face pressure
BANK of China (BoC) said its net interest margin (NIM) – a key gauge of profitability – will still face significant pressure this year.
Vice-president Zhang Yi made the remarks...
World Bank set to issue up to US$1 billion in debut hybrid note this year
THE World Bank is looking to issue up to US$1 billion in a debut hybrid note on capital markets this year, a senior executive told Reuters, as development banks...
Rakuten Group aims to integrate bank, fintech units
RAKUTEN Group plans to integrate its fintech businesses into one group, it said on Monday, aiming to strengthen collaboration and customer acquisition across areas from online banking and credit...
