German banks start to cut US office loan exposure that caused bond turmoil
German banks are cutting legacy US office loan exposure after concerns about commercial real estate (CRE) losses led to a ...
Tag: Banks
Europe: Stoxx 600 jumps 1% as banks lead market rebound, US election in focus
EUROPE’S main stock index notched its biggest one-day gain in five weeks on Friday (Nov 1), as banks led an ...
Saudi Arabia’s PIF signs MoUs worth up to US$51 billion with Japanese banks
SAUDI Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has signed five Memorandums of Understanding (MoU) with Japanese financial ...
Strong wealth segment likely to boost Q3 earnings at Singapore banks amid NIM headwinds
STRONG wealth management fees are likely to have continued boosting earnings at the three local banks during the third quarter ...
Strong wealth segment likely to boost Q3 earnings at Singapore banks: analysts
They expect local lenders to continue posting stable results amid lower net interest marginsSTRONG wealth management fees are likely to ...
China’s big banks post rise in Q3 profits, squeeze on NIM
CHINA’S largest lenders posted a rise in third-quarter profits on Wednesday (Oct 30), although margins were slimmer for some. The frontrunner ...
iFast Global Bank should not be compared to local banks, says group’s CEO
THE iFast Global Bank (IGB) should not be compared to local lenders, said Lim Chung Chun, the chief executive officer ...
India central bank’s rosy growth forecast baffles economists
THE Reserve Bank of India’s (RBI) upbeat growth estimates for the world’s fastest-growing major economy is causing both confusion and ...
Banks, telcos, scam victims to share loss liability from Dec 16; financial institutions to roll out real-time surveillance
FINANCIAL institutions (FIs) will now be required to implement real-time fraud surveillance on unauthorised transactions from phishing scams, under the ...
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 ...
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