Hong Kong banks hoard record piles of cash as economy sputters
HONG Kong banks are hoarding cash and liquidity despite calls by the government to help out struggling small businesses with ...
Tag: Banks
UBS targets Japan’s regional banks with senior sales hires
UBS Group hired three salesmen in Japan to boost its business selling high-yielding structured investments and other tailored derivative products ...
Singapore banks to still benefit from higher rates, AUM deployment in 2025
SINGAPORE banks will likely post earnings growth in 2025, led by higher-for-longer rates and a strong wealth management business, analysts ...
Banks want in on Tether’s billions in stablecoin profits
UNTIL recently, banks watched from the sidelines with envy as stablecoin market leader Tether Holdings boasted of billions in profits. ...
ECB plans to clamp down on banks ignoring its demands for fixes
THE European Central Bank (ECB) is set to crack down on lenders that are slow to deal with fixes the ...
Saudi Global Ports, co-owned by PSA, taps banks for up to US$1 billion IPO
STATE-backed Saudi Global Ports has picked banks including Goldman Sachs Group and HSBC Holdings to help arrange a planned Riyadh ...
Saudi Global Ports, co-owned by PSA, taps banks for up to US$1 billion IPO: sources
STATE-backed Saudi Global Ports has picked banks including Goldman Sachs Group and HSBC Holdings to help arrange a planned Riyadh ...
China banks raise mortgage rates for the first time since 2021
CHINESE banks raised new mortgage costs for the first time in three years, as narrowing margins are dragged down by ...
Office property meltdown is starting to surface at US banks
SLUMPING office property values are rippling through US banks, with smaller lenders in particular ramping up the use of loan ...
China regulators tell banks to expedite offshore company listings: sources
REGULATORS in mainland China and Hong Kong have told some of the world’s biggest investment banks to help speed up ...
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