STANDARD Chartered Bank and German insurer Allianz have agreed on a 15-year bancassurance deal for the bank to distribute the latter's general insurance products in five markets in Asia...

[TOKYO] The US dollar inched up against the yen and kept broad gains against other major peers early on Tuesday, after rebounding sharply overnight on comments by Federal Reserve Janet Yellen...

[LONDON] Deutsche Bank AG told some employees on Wednesday that job cuts will continue even after Germany's largest lender slashed bonuses for senior staff, according to a person with knowledge...

[NEW YORK] Citigroup Inc chief executive Michael Corbat asked investors for more patience on Wednesday in explaining how the bank failed to meet four-year-old performance targets, even as vibrant...

[WASHINGTON] The US central bank is close to achieving its inflation and employment goals, but any policy moves will depend on how the economy evolves, Federal Reserve Chair Janet Yellen said on...

[FRANKFURT] With euro zone growth and inflation slowly picking up pace, the European Central Bank is set to argue on Thursday that its extra-easy policy stance is still needed to keep the recovery on...

[ZURICH] Credit Suisse Group AG and the Justice Department completed a US$5.3 billion agreement to settle a US investigation into the bank's sales of toxic mortgage debt before the financial...

[DAVOS, Switzerland] Two of Europe's biggest banks warned on Wednesday that they could each move about 1,000 jobs out of London as they prepare for expected disruption caused by Britain's...

DBS and Visa on Wednesday unveiled a new overseas payment solution for travellers and online shoppers, using the DBS Visa Debit card and the bank's Multi-Currency Account (MCA)...

CURRENCIES

THE US dollar rebounded on Wednesday after falling for five days in a row against its currency basket, as investors awaited a speech by the head of the Federal Reserve later in the day and looked to...