ECB leaning towards keeping banks’ minimum reserve level at 1%
THE European Central Bank (ECB) is leaning against any immediate change in the amount of money lenders need to park ...
Tag: Banks
Australian shares skid off record high as banks, miners drag down benchmark
AUSTRALIAN shares retreated from record high levels on Monday (Mar 11), with heavyweight mining and banking stocks dragging down the ...
Chinese regulators ask large banks to step up support for Vanke, sources say
CHINESE regulators recently met financial institutions to discuss state-backed property developer China Vanke where they asked large banks to enhance ...
China asks large banks to support Vanke in rare intervention, sources say
CHINA has asked banks to enhance financing support for state-backed China Vanke and called on creditors to consider private debt ...
Banks drive Australian shares to record high on firming rate-cut bets
AUSTRALIAN shares ended at a record high on Friday (Mar 8), boosted by interest rate-sensitive financial stocks, while investors continued ...
Nationwide challenges UK’s big banks with US$3.7 billion Virgin Money bid
BRITAIN’S Nationwide Building Society has agreed to buy Virgin Money UK in a potential US$3.7 billion all-cash deal to create ...
China scrutinises bond buying at smaller banks as market soars
CHINESE regulators are scrutinising regional banks’ bond investments amid concern that they are speculating on the securities rather than lending ...
India tells banks to stop exclusive deals on credit cards
INDIA’S central bank told the nation’s lenders to stop entering into exclusive agreements with credit card networks, in a surprise ...
Thailand opens applications for virtual banks
THAILAND will accept applications for virtual banks within the next six months with the aim of supporting people with no ...
Singapore banks’ dividends leave market mixed despite resilient Q4; outlook for 2024 remains stable
SINGAPORE banks wrapped up 2023 with another set of resilient earnings, with results for the fourth quarter largely in line ...
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