Banks
Singapore banks log share price gains in morning trade
The strong performances come ahead of the impending Federal Open Market Committee’s meetingTHE three local banks were trading at elevated levels over the first half of Tuesday’s (Jul 2)...
Singapore banks surge to record highs on Tuesday
The strong performances come ahead of the impending Federal Open Market Committee’s meetingTHE share prices of the three local banks traded at record highs on Tuesday (Jul 2) after...
OCBC to delist Great Eastern only if it’s in bank’s interests and conditions are acceptable
OCBC will take insurer Great Eastern private only if the “conditions are acceptable and in the interests of OCBC and its shareholders”, the bank said in response to questions...
All major US banks pass Federal Reserve’s 2024 ‘stress test’
ALL 31 big US banks have passed the Federal Reserve’s annual “stress test” designed to assess how well they would fare in a major financial crisis, the US central...
Fearing losses, banks are quietly dumping real estate loans
SOME Wall Street banks, worried that landlords of vacant and struggling office buildings won’t be able to pay off their mortgages, have begun offloading their portfolios of commercial real...
Europe: Shares start the week higher on autos, banks
EUROPEAN equities advanced on Monday, led by gains in automobile and financial stocks, while investor attention focused on the first round of French parliamentary elections later this week.The Europe-wide...
Foreign banks target Switzerland after UBS takeover of Credit Suisse
AS CREDIT Suisse fades into history following its takeover by UBS last year, global banks are expanding in Switzerland to take advantage of companies’ desire to spread their business.
France’s...
Central banks could increase gold reserves further as shine of US dollar dims: analysts
Sentiment towards gold at most positive levels since 2019, World Gold Council survey indicatesCENTRAL banks are expected to continue to add to their gold reserves over the next year,...
