Banks
ECB to wean banks off free cash at gentlest pace
THE European Central Bank wants to wean banks off free cash, but it will try to do so gently enough not to upset the financial system or lending, the...
AJJ Medtech ventures into healthcare space; banks on acquisitions, portfolio expansion
IN 2019, one Catalist-listed company was on the cusp of pivoting into a burgeoning industry – medical technology (medtech).A new management team had been handed the reins of OEL...
ECB is leaning toward 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 with it interest-free, removing for now the threat of...
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 with it interest-free, removing for now the threat of...
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 benchmark as investors turn their attention to the central...
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 financing support and asked private debt holders to discuss...
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 maturity extension, in a rare intervention from the central...
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 to bet on monetary policy easing after the US...
