Banking & Finance
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
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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
Bank Indonesia holds rates steady, focus remains on rupiah
It keeps benchmark 7-day reverse repurchase rate at 4.75%
StanChart Singapore rolls out first ESG-linked cash account for a local company
It integrates STT GDC’s key ESG performance indicators and sustainability performance targets to reward progress
S&P says reviving investor confidence is key for Indonesia’s sovereign support
S&P noted authorities are addressing problems in the Indonesian stock market
BBVA plans to start Japan brokerage in first for Spanish bank
The Bilbao-based lender has operated a commercial banking business in the country since 2005
