Banks

Bankers say Asia loan market to stay weak as war saps confidence

While interest is expected to intensify as the World Cup reaches its final stages, many key kick-offs will take place in the early hours, when footfall is at its lowest.

World Cup fever: After-hours matches leave Singapore businesses on the bench

European and North American lenders dominate the SRT market, but Asian loans are starting to feature more regularly in deals. 

HSBC, Standard Chartered weigh significant risk transfers as Asia-linked deals ramp up

Taiwan’s Financial Supervisory Commission has launched an on-site inspection at Cathay’s asset management unit. 

Cathay Financial apologises, bans bosses from outside roles

The ECB said it will scrap around 40 out of roughly 130 reports because it deems them “outdated, superseded or no longer relevant”.

ECB cuts banks’ reporting duties, softens governance expectations

Spot gold falls below US$4,000 per 28.3 g in the week of Jun 22, extending its retreat from a record high of nearly US$5,600 in January.

Chinese banks move to rein in retail gold trading on volatility

Controls that regulators still treat as the gold standard, such as SMS one-time passwords, are now near obsolete.

The AI threat is already within banks

Earlier in May, DBS contributed US$75 million to Fast-P's flagship Green Investments Partnership fund.

DBS provides US$210 million loan to energy transition partnership under Singapore’s blended finance initiative

The new structure relies on three core requirements: notifying MAS, maintaining a relationship with a regulated bank and filing an annual return.

One-year countdown: Existing SFOs evaluate how they can align with revised MAS framework

Employment in the City of London financial district is near an all-time high, and banks are posting record profits.

After the fracture: How Britain’s financial industry recovered from Brexit