Banks
Middle Eastern banks tap China growth by beefing up presence in Hong Kong
Gulf lenders have been expanding outside of their home turfs in the Middle East and beyond in recent years
China asks banks to pause new loans to US-sanctioned refiners
Tensions are escalating between the superpowers just weeks before a long-awaited meeting
Singapore banks getting better at spotting dirty money, but penalties still lack bite, says global watchdog
FATF recognises role of Republic’s strong public-private cooperation and information collaboration in curbing money laundering
New Zealand finance firms see 30% deposit surge outpacing banks
Residential mortgage lending by finance companies has risen more than 30% since deposit insurance was introduced
Westpac profit misses estimates as CEO flags Middle East risks
Australia’s biggest lenders are getting a boost from higher interest rates
OCBC to acquire HSBC Indonesia’s wealth, retail business, adding S$6.6 billion in AUM
This move follows OCBC’s 2024 purchase of Bank Commonwealth Indonesia and deepens its push into the country’s wealth segment
Meta, Amazon, Wall Street: Global giants slashing headcounts worldwide
BT rounds up recent moves by major companies to pare their workforce in 2026
Deutsche Bank posts record quarterly profit despite economic risks
Q1 net profit attributable to shareholders is 1.91 billion euros, up from 1.78 billion euros the year before
Barclays reports flat Q1 profit as provision impairs strong trading
It reports profit before tax for Q1 of £2.8 billion, and announces a £500 million share buyback
HSBC reviews HK$300,000-per-kid school fee perk for Hong Kong bankers to cut costs
International school fees are a major expense for families in the city and costs have been increasing after the pandemic
