Banks
Julius Baer sees end to S&P 500’s bull run; positive on US banks – The Business Times
WITH inflation again becoming a point of concern for the US Federal Reserve, Julius Baer said investors should broaden out their portfolios beyond the magnificent seven tech stocks and...
Alliance Bank’s top shareholder Vertical Theme is said to consider sale to DBS
INVESTMENT management firm Vertical Theme is planning to seek approval in the coming weeks to start talks about selling its stake in Alliance Bank Malaysia, according to people familiar...
Biggest US banks ready mortgage relief for victims of Los Angeles wildfires
JPMORGAN Chase and Bank of America (BOA) are easing mortgage repayment conditions for customers affected by the Los Angeles wildfires, as residents grapple with one of the most destructive...
China’s battery giant CATL hires banks for first-half Hong Kong float: sources
CHINESE battery giant CATL has hired banks, including JPMorgan and Bank of America, to work on a Hong Kong listing, in what could be one of the city’s largest...
How the Fed will help Singapore Reits outshine banks
SINGAPORE property owners have spent a long time languishing in the shadow of the chart-topping performance of the island’s banks. But with US Federal Reserve chairman Jerome Powell signalling the start...
Japan’s NTT appoints banks for US$1 billion data centre Reit IPO in Singapore: sources
JAPAN’S Nippon Telegraph & Telephone Corp (NTT) has appointed Bank of America and UBS to work on a US$1 billion data centre real estate investment trust listing in Singapore,...
Singapore banks reverse midweek gains on Friday, dragging STI down 1.6%
SINGAPORE equities fell on Friday (Jan 10), driven by losses in the banks and other Straits Times Index (STI) counters. The benchmark index declined 1.6 per cent or 61.04...
Wall Street bonuses to jump by double digits at big banks
ATOP Wall Street’s largest investment banks, executives are locking in plans to award traders and dealmakers their biggest bonus increases since the pandemic, with 10 per cent hikes –...
