Credit
Over 500 investors, including 300 Singaporeans, kick off claim against Switzerland over Credit Suisse bond losses of over US$250 million
Drew & Napier is leading action by investors who saw their investments wiped out when CS AT1 bonds were written down as part of takeover by UBSMORE than 500...
Credit Agricole reports 27% Q4 profit jump, aided by Amundi and trading
CREDIT Agricole, France’s second-biggest listed bank, blew past quarterly earnings forecasts on Wednesday (Feb 5) with a 27 per cent jump in profit, driven by insurance and asset management...
UBS has cut 10,000 jobs since Credit Suisse takeover in 2023
UBS Group has cut more than 10,000 roles since it bought Credit Suisse, marking a milestone in the lender’s efforts to integrate its former rival.
Global headcount stood at 108,648...
Singtel’s Optus secures A$1.95 billion in credit facility with 12 banks
SINGTEL’S Australian subsidiary, Optus, has inked a A$1.95 billion (S$1.64 billion) committed revolving credit facility with 12 banks to refinance its existing credit facilities, as well as for general...
Asia private credit funding hits eight-year low on China slump – The Business Times
ASIA’S private credit market faces diverse challenges in 2025 after fundraising dropped to an eight-year low and concerns over China’s ailing growth hit sentiment.Fundraising of Asia Pacific-focused private debt...
Biden Slurs Through His Farewell Speech and Refuses to Mention Trump’s Name Once but Takes Credit for Israel-Hamas Ceasefire Deal
President Joe Biden bid his farewell to the nation, leaving many viewers puzzled as he slurred his words and avoided mentioning Donald Trump by name just five days before...
Apple in talks with Barclays, Synchrony to replace Goldman in credit card deal: sources
APPLE is in talks with Barclays to replace Goldman Sachs as the tech giant’s credit card partner, said two sources familiar with the matter, as the Wall Street giant...
Credit Suisse’s Ray Farris named Prudential’s first chief economist
CREDIT Suisse veteran Ray Farris has been appointed chief economist of Prudential’s asset management arm, Eastspring Investments, to drive economic analysis and insights for both Eastspring and its parent...
