Banking
Banking and insurance are different businesses, but together they can yield synergies: analysts
BANKING and insurance may be two different businesses, but analysts say there are undeniable opportunities for both of them when partnered together.For instance, banks can gain fee income as...
India’s Paytm flags further financial impact of banking unit wind down
INDIAN digital payments firm Paytm posted a wider loss in the fourth quarter on Wednesday (May 22) and warned of further financial impact as the company absorbs the full...
Top US banking regulator offers resignation after toxic workplace report
A TOP US banking regulator offered his resignation on Monday after an independent report found evidence of widespread sexual misconduct and a “patriarchal” culture at the agency he leads....
Digitalisation of banking creates new risks, says global watchdog
THE digitalisation and entry of Big Tech into finance create new vulnerabilities and amplify existing risks in the banking system that may need new rules to mitigate, global banking...
ST Engineering appoints banking veteran Philip Lee to its board
SINGAPORE Technologies Engineering : S63 0% (ST Engineering) announced on Thursday (May 9) that it will appoint Philip Lee to its board as an independent non-executive director, with effect...
China’s CICC may cut investment banking headcount by at least 10% this year
China International Capital Corp (CICC) may reduce its investment banking headcount by at least 10 per cent this year, two people with knowledge of the matter said, as a...
MAS ‘following up’ with DBS on cause of May 2 glitch in digital banking services
THE Monetary Authority of Singapore (MAS) said on Tuesday (May 7) that it was “following up” with DBS : D05 0% over the root cause of a disruption to...
MAS asks DBS to identify root cause of May 2 glitch in digital banking services
THE Monetary Authority of Singapore (MAS) said on Tuesday (May 7) that it was “following up” with DBS : D05 0% over the root cause of a disruption to...
