Banking & Finance
Middle East conflict clouds Thai banks’ outlook as profits slip
The country’s largest lender SCB X posts a more than 18% drop in Q1 net income to 10.2 billion baht
The gloves are coming off in Europe’s biggest banking takeover
After high-level deal talks between UniCredit and Commerzbank broke down, the Italian lender is taking its pitch directly to shareholders
JPMorgan aims for China approval of active ETF launch this year
The firm has operated in the Asian nation since 1921
EQT lands record Asia buyout fund at US$15.6 billion amid turmoil
The firm has taken the private equity world by storm with sizeable cash outs and top level returns
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Bank of Korea’s new chief signals flexible policy amid oil risks
Shin Hyun-song also highlights a longer-term need to reassess the role of the central bank
DBS deploys AI-driven ‘Alpha’ squads to blend legal, compliance, risk roles
Against a backdrop of global bank layoffs, the lender is focusing on reskilling and multidisciplinary teams
Singapore banks rival Wall Street titans in long-term shareholder returns
DBS, OCBC and UOB have beaten global benchmarks and some of the biggest US lenders over the past 20 years
Global cooperation on stablecoins critically important: BIS
The central bankers’ central bank has long raised concerns about stablecoins
China to form brokerage with US$86 billion assets by merging firms
Beijing is trying to develop its domestic investment banks to allow them to compete with global heavyweights
Asia private credit debates changes to soothe jittery investors
The region’s wealth channel has funnelled around US$48.8 billion into private credit funds, according to data
