Asian banks see big boost to wealth business as currencies rally
A sharp rally in Asian currencies is set to boost demand for wealth and forex products as clients seek alternatives ...
Tag: Banks
China central bank governor says will cut banks’ reserve requirement ratio
Published Wed, May 7, 2025 · 09:42 AM — Updated Wed, May 7, 2025 · 09:52 AM China’s central bank ...
National Australia Bank’s first-half cash earnings up 1% on lending volume growth
Published Wed, May 7, 2025 · 06:49 AMNATIONAL Australia Bank, the country’s biggest business lender, said on Wednesday its first-half ...
Wall Street banks said to steer clear of Chery’s US$1.5 billion Hong Kong IPO
One of this year’s biggest listings is coming together in Hong Kong without the involvement of Wall Street banks. Chery ...
Australia shares hit near two-month high on boost from banks
AUSTRALIAN shares touched a two-month high on Friday, on track for a seven-day rally, as gains in financials overshadowed the ...
Goldman sees central banks buying more renminbi, won, Singapore dollars
South Korea, Singapore and China’s currencies are likely to be the biggest Asian beneficiaries as central banks look to diversify ...
Indonesia’s state banks eye bigger share of growing wealth market in Singapore
Bank Negara Indonesia (BNI) and Bank Mandiri, Indonesia’s state-owned banks, are pulling out all the stops to make their mark ...
China’s Big Five banks post slimmer margins as economic challenges persist
China’s Big Five lenders reported narrower margins at the end of the first quarter on Tuesday (Apr 29), as profits ...
Singapore banks dominate surge in share buybacks
Singapore lenders are taking advantage of recent weakness in their share prices to purchase stock, making up the bulk of ...
Indian banks hit record as new RBI liquidity rules boost outlook
The rally – led by private lenders – reflects growing investor confidence that the sector’s credit growth is recovering from ...
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