Banks
Banks tout all-night US credit trades as election results come in
BANKS are gearing up for late-night US credit trades as results trickle in from presidential and legislative elections that could impact company profits.JPMorgan’s derivatives trading desk will be staffed...
European banks’ commercial real estate exposures ‘visibly deteriorating,’ ECB finds
BANKS in the euro region have about 1.3 trillion euros (US$1.4 billion) in outstanding loans to commercial real estate investors and credit quality is “visibly deteriorating,” European Central Bank...
Outer Banks Ending After Season 5 – E! Online
Pour one out for the Pogues. Netflix revealed Nov. 4 that while its hit show Outer Banks has been renewed, it would be ending after a fifth and final season. And as...
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 plunge in bond and equity prices in February.Deutsche Bank...
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 overall market rebound after recent declines, with investors assessing...
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 institutions worth up to an overall US$51 billion, it...
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 of this year, according to analysts awaiting the results...
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 have continued boosting earnings at the three local banks...
