Banking
Brokers’ take: RHB ‘overweight’ on Singapore banking sector
RHB on Monday (Nov 25) upgraded its call on Singapore’s banking sector to “overweight” from “neutral” in September, as it made a “buy” call for two of the three...
STI falls despite Asia gains and RHB upgrading Singapore banking stocks
SINGAPORE stocks closed lower on Monday (Nov 25), even as most regional markets closed in positive territory.The benchmark Straits Times Index (STI) shed some earlier gains, slipping 0.4 per...
STI rises, tracking Asia gains as RHB upgrades Singapore banking stocks
SINGAPORE stocks traded higher on Monday (Nov 25) as they followed other markets in the region in making gains.As at noon, the Straits Times Index (STI) shed some earlier...
MUFG looks to leverage regional partners to grow Asean corporate banking business
Bank’s network in S-E Asia said to give it strong local capabilities and thus a ‘huge competitive advantage’ MUFG is already known as Japan’s largest bank. In South-east Asia,...
MUFG looks to leverage regional partners to grow Asean corporate banking business
Bank’s network in S-E Asia said to give it strong local capabilities and thus a ‘huge competitive advantage’ MUFG is already known as Japan’s largest bank. In South-east Asia,...
US banks brace for open banking era of consumer data sharing
US BANKS will now have to give customers access to their financial data after the top consumer watchdog finalised a long-awaited rule aimed at fuelling more competition for financial...
Bank of America profit beats expectation on investment banking, trading strength
BANK of America’s third-quarter profit dropped as it paid more to customers to hold onto their deposits, although its results beat estimates, driven by strong activity in investment banking...
Bank of America folds fintech investment banking team into tech
Fintech and software payments are bound to intersect as financial technology begins to resemble traditional technology such as software, banking official saysBANK of America has folded its fintech investment...
