Banking & Finance
India’s new lending curbs seen squeezing trading firms
The Reserve Bank of India’s initiative due to take effect from Apr 1
Blue Owl anxiety rattles the US$1.8 trillion private credit market
The firm’s shares have now plunged almost 60% in the past 13 months
DBS to impose 12-hour cooling period for adding new payees, raising daily transfer limits
The change will take effect on Mar 7
Smart money is winning as tariff whiplash, AI grip Wall Street
[NEW YORK] A noisy, unsettled Wall Street is doing what years of simply owning the index rarely has: made the smart money look smart again.
STRAIGHT TO YOUR INBOX
Start and end each day with the latest news stories and analyses.
Australia banks’ record surge offers global haven from AI swings
The advance has also boosted Australia’s financials-heavy S&P/ASX 200 Index this year
HSBC cuts 10% of US debt capital markets team amid overhaul
The bank is set to report earnings on Feb 25
ECB fines JPMorgan’s European arm 12.2 million euros for misreporting capital requirements
[FRANKFURT] The European Central Bank fined JPMorgan’s European arm 12.18 million euros (S$18.2 million) for misreporting capital requirements after it wrongly calculated risk-weighted assets, the ECB...
Who calls the shots in OCBC’s corridors of power?
Its new group CEO Tan Teck Long must balance what minority shareholders want with the interests of one of Asia’s wealthiest clans
JPMorgan says Trump’s lawsuit improperly named Dimon as defendant
The lawsuit is seeking US$5 billion in damages
Bank of America commits US$25 billion of its own cash to private credit deals
Some lenders have formed partnerships with asset managers in order to get deeper into the market
