Banking & Finance
Japan’s US$550 billion investment in US seen widening gains on hedged JGBs
Yields on hedged Japanese government bonds may increase on rising costs for US dollar funding
JPMorgan aims to open over 160 branches in 2026: report
The lender says that the push is part of a commitment in 2024 to open more than 500 branches within three years
ECB President Christine Lagarde expected to leave bank before term expires next year: report
The FT report comes only a week after Bank of France governor Francois Villeroy de Galhau said that he would step down in June this year
New Zealand holds key rate, sees policy staying accommodative
The RBNZ’s new forecasts indicate some chance of a quarter-point hike later this year
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IMF urges Japan to keep raising rates, avoid reducing sales tax
With inflation exceeding its 2% target for nearly four years, the BOJ has signalled its readiness to keep hiking rates
National Australia Bank’s shares hit record high on robust first-quarter cash profit
Australia’s top business lender has posted cash earnings of A$2 billion for the quarter ended Dec 31
Visa-only Games highlights Europe’s payments headache
[MILAN] Anyone trying to buy a souvenir at the official Olympic stores at the Milano Cortina Games will have been exposed to an issue troubling Europe’s policymakers: the dominance of foreign payment ...
Wall Street banks are paying their CEOs like it’s 2006 again
The payouts reflect a banner year for the industry, with the nation’s top financial firms posting their biggest annual earnings since 2021
Deutsche Bank’s private bank eyes hiring push in emerging markets
Global financial wealth reached an all-time high of US$305 trillion in 2024
Hong Kong grapples with banker shortage to keep up with IPO boom
Banks are hard pressed to meet regulatory guidelines and are under increased scrutiny over the quality of IPO paperwork
