Fees
Dutch lender ABN Amro’s Q3 profit beats estimates on strong interest income, fees
ABN Amro reported a smaller-than-expected fall in third-quarter profit on Wednesday (Nov 13), driven by sustained improvement in net interest income (NII) and strong performance of fees, the Dutch...
Cordlife says directors committed to waive fees for FY24; defends choice of auditor ahead of EGM
EMBATTLED cord-blood bank Cordlife said that its remaining directors have committed to waive their directors fees for the financial year ended Dec 31, 2024, in response to questions raised...
Boeing bankers grab up to US$300 million in capital raise fees
BOEING’s US$20 billion-plus capital raise delivered four banks a hefty payday just as equity market issuance began to cool ahead of the US election.Goldman Sachs, Bank of America, Citigroup...
Circle raises fees despite rising stablecoin market competition
FOR the second time in less than a year, Circle Internet Financial has increased the fees it charges to cash out holdings of its USDC stablecoin.Redemption of USDC via...
Cordlife to hold EGM to appoint new auditors, approve directors’ fees
EMBATTLED cord-blood bank Cordlife will hold an extraordinary general meeting (EGM) next month to appoint new auditors and approve its directors’ fees. The EGM will be held at Great...
DBS sees wealth fees doubling by 2027 as the rich head to Asia
DBS Group Holdings aims to double fees from wealth management by 2027 as more of the world’s affluent investors shift their assets to Asia.DBS’ income from servicing rich clients...
Citi CFO expects investment banking fees to rise 20% in third quarter
CITIGROUP’S investment banking fees are expected to jump 20 per cent in the third quarter from a year earlier, chief financial officer Mark Mason told investors at a conference...
Apple to open payment chip to third parties and charge fees
APPLE will begin letting third parties use the iPhone’s payment chip to handle transactions, a move that allows banks and other services to compete with the Apple Pay platform.The...
