Banking

Global debt hits record US2 trillion, climate finance a challenge, banking trade group says
Global debt hits record US$312 trillion, climate finance a challenge, banking trade group says
Global debt hit a record high of US$312 trillion at the end of the second quarter, driven by borrowing in the United States and China, while a key debt...
BNP Paribas to buy German private banking unit from HSBC
BNP Paribas to buy German private banking unit from HSBC
HSBC has been exploring the sale of various businesses in Europe’s largest economyBNP Paribas has signed an agreement with HSBC Holdings to buy the UK-based lender’s private banking operations...
BNP Paribas to buy German private banking unit from HSBC
BNP Paribas to buy German private banking unit from HSBC
HSBC has been exploring the sale of various businesses in Europe’s largest economyBNP Paribas has signed an agreement with HSBC Holdings to buy the UK-based lender’s private banking operations...
Citi CFO expects investment banking fees to rise 20% in third quarter
Citi CFO expects investment banking fees to rise 20% in third quarter
CITIGROUP’S investment banking fees are expected to jump 20 per cent in the third quarter from a year earlier, chief financial officer Mark Mason told investors at a conference...
Cordlife accepts MOH notice on licence change to resume cord-blood banking services
Cordlife accepts MOH notice on licence change to resume cord-blood banking services
It will be allowed to collect, test, process and/or store no more than 30 units of new cord blood per month from Sep 15 to Jan 13, 2025CORDLIFE has...
DBS names Calvin Ong as new Singapore consumer banking head
DBS names Calvin Ong as new Singapore consumer banking head
This comes after he spent eight years at the bank’s corporate treasury, where he eventually became deputy corporate treasurerDBS has appointed Calvin Ong as its new Singapore consumer banking...
7-Eleven’s vast retail empire includes banking, Tower Records
7-Eleven’s vast retail empire includes banking, Tower Records
SEVEN & i Holdings, the target of a buyout proposal by Canada’s Alimentation Couche-Tard, is a sprawling global retailer that includes banking, online ticketing, superstores and even Tower Records,...
MHA seeks feedback on orders to restrict banking transactions of scam targets
MHA seeks feedback on orders to restrict banking transactions of scam targets
THE Ministry of Home Affairs (MHA) is seeking feedback from the public on a proposed Bill that will give police the power to temporarily restrict the banking transactions of...
DBS consumer banking head Jeremy Soo to succeed UOB’s Susan Hwee as Nets chair
DBS consumer banking head Jeremy Soo to succeed UOB’s Susan Hwee as Nets chair
NETWORK for Electronic Transers (Nets) has appointed Jeremy Soo, DBS’ head of consumer banking and managing director, as its chairman, effective Sunday (Sep 1).He succeeds UOB’s Susan Hwee, who...
Cordlife to resume cord-blood banking service ‘in controlled manner’ from Sep 15
Cordlife to resume cord-blood banking service ‘in controlled manner’ from Sep 15
The Ministry of Health bars it from collecting, processing or storing more than 30 units of new cord blood each month between Sep 15 and Jan 13, 2025 EMBATTLED...