Mitsubishi, Sumitomo Mitsui banks to divest 1.32 trillion yen in Toyota shareholdings
MITSUBISHI UFJ Financial Group and Sumitomo Mitsui Financial Group will start divesting 1.32 trillion yen (S$11.4 billion) worth of strategic ...
Tag: Banks
US banks tap complex mortgage product to fight deposit flight risk
US BANKS are ramping up investments in a complex part of the mortgage bond market that offers shorter-term securities, as ...
Banks’ drive to ‘tokenise’ assets moves slower than expected
BANKS which for years have talked about creating ‘tokenised’ versions of assets such as bonds and currencies say a shift ...
StanChart banks on international ties amid demand for cross-border wealth needs: James Lye
INTERNATIONAL banking is increasingly becoming a key driver for Standard Chartered Bank’s (SCB) affluent business, as more clients look for ...
Chinese move billions into Hong Kong banks seeking higher yields
HSBC Holdings attracted more than 130,000 new bank customers in Hong Kong in the first quarter. Bank of China (Hong ...
Swiss financial regulator wants to be able to name and shame banks
SWISS financial regulator Finma wants to be able to name and shame banks which breach its rules, Chief Executive Stefan ...
Choose bonds over stocks as central banks cut rates, says UBS Wealth Management
UBS’ giant wealth management arm is leaning towards bonds over stocks, arguing that the asset class is set for juicy ...
KKR weighs entering private credit in Japan to challenge banks
KKR is considering entering the private credit market in Japan to provide an alternative to bank loans. “It will be ...
US banks have a commercial property blind spot, study warns
Large US banks may be more exposed to commercial property than regulators appreciate because of credit lines and term loans ...
China Vanke in advanced talks with banks for US$6.9 billion loan
China Vanke, the Chinese state-backed developer that’s become the latest flashpoint in the nation’s property crisis, is in advanced talks ...
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