Banking & Finance
Senior bankers quit for rivals as Asia talent fight intensifies
The shifts have hit across key coverage groups, from real estate to equity capital markets
Bank Indonesia may defend rupiah amid volatile oil, analysts say
The central bank has pledged “firm and consistent interventions” in onshore and offshore foreign-exchange markets to cushion the currency
HSBC scraps work from home for client-facing staff in Hong Kong
The new demands come into effect on Apr 1
Japan’s Takaichi faces fresh scrutiny over BOJ policy stance
The BOJ raised its short-term policy target to a 30-year high of 0.75 per cent in December
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Asia private credit chases gains as stress mounts for US peers
Broader credit markets have also been shaken by loan blowups in developed economies
DBS CEO Tan Su Shan receives S$9.6 million pay package for 2025 in first year at helm
This compares with the S$17.6 million remuneration received by ex-CEO Piyush Gupta in 2024
New IP rider premiums to cost at least 30% less, with one insurer offering an 84% reduction
All seven insurers will be launching new Integrated Shield Plan rider products by Apr 1
Wall Street banks offer UAE staff option to relocate temporarily
Foreigners account for about 90% of the country’s population
Bank of England hit by 5% inflation risk from war in Iran
An economist says that the doubling in natural gas prices alone will add 3 percentage points
Great Eastern names OCBC director Andrew Khoo as chairman-designate
He assumes the chairmanship on Apr 15, succeeding incumbent chair Soon Tit Koon