HSBC moves to Wall Street bonus model, cuts fixed-pay deals

2026-10-12T14:26:44.000Z
For the first time, the RBI introduced a foreign-exchange risk reserve, requiring lenders to hold with the central bank the rupee equivalent of 20% of the notional value of each derivative transaction above US$2 million. 

Biggest rupee defence in a decade draws line under 97 per US dollar

2026-10-12T08:59:16.000Z
Malaysia still faces RM51.4 billion (US$12.6 billion) in financial obligations tied to the scandal, while recovery efforts have brought in RM31.3 billion.

1MDB reaches settlement with Deutsche Bank in US$1.1 billion lawsuit

2026-10-12T05:49:31.000Z
Japan is seen as a key Apac market where capital can be deployed for private-credit deals.

More family offices are turning to Asia-Pacific private credit: Lighthouse Canton

2026-10-11T23:00:00.000Z

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World Bank president Ajay Banga says that more countries have shown interest in retooling existing projects than in tapping the immediate crisis window to address their liquidity needs.

World Bank in talks with dozens of countries about crisis aid: Banga

2026-10-11T07:26:26.000Z
Revolut has more than 80 million customers globally.

Revolut CEO says fintech is coming for Amex, JPMorgan in US

2026-10-09T09:05:06.000Z
A sharp rise from the current level of 5.29 per cent was “feasible” in the near term, Pimco chief investment officer Dan Ivascyn told FT on Friday.

US 10-year Treasury yield risks hitting 6% for first time since 2000: Pimco

2026-10-09T05:57:47.000Z
Amex is best known for its premium credit cards, including the Platinum card with its US$895 annual fee.

Amex fined US$350 million for anti-money laundering lapses

2026-10-09T00:36:47.000Z
Figures suggest households are struggling to cope with the surge in borrowing costs since the Iran war began at the end of February. 

UK card defaults rise for longest period in 17 years: BOE

2026-10-08T11:57:34.000Z
All three local banks ended lower, with OCBC declining 4.3% or S$1.30 to S$29.

DBS, OCBC, UOB rout lops billions off STI as inflation, rate concerns spook investors

2026-10-08T11:11:26.000Z