Top Japan banks weigh first rate-hikes on ordinary deposits in 17 years
MIZUHO Financial Group said on Tuesday (Mar 19) it plans to raise interest rates on ordinary yen deposits for the first time...
Nomura boosts EMEA bond desks with new head of flow rates
NOMURA Holdings has appointed Hemish Shah as head of flow rates for Europe, the Middle East, and Africa as the Japanese broker...
ANZ CEO looks for India, China growth as customer focus shifts
ANZ Group Holdings chief executive officer Shayne Elliott aims to grow the firm’s presence in India and Vietnam as well as in...
Bankers in India to get higher salary increases than Singapore, Hong Kong
FINANCE professionals in India are in line for higher salary hikes than those in Hong Kong and Singapore this year, underscoring how...
China asks banks, insurers in Hong Kong to reveal LGFV holdings
CHINA’S banking regulator has started to scrutinise offshore holdings of local government financing vehicles’ (LGFV) debt at the nation’s financial institutions in...
Saudi Arabia in talks to add top Wall Street banks to Aramco share sale
SAUDI Arabia is in talks to add top Wall Street banks for a secondary share sale in oil giant Aramco, as it...
A simpler solution is needed in tracking financed emissions from early coal retirement
SUSTAINABLE finance in South-east Asia looks set to be entering its next phase as major banks shift their stance slightly on how...
ECB to wean banks off free cash at gentlest pace
THE European Central Bank wants to wean banks off free cash, but it will try to do so gently enough not to...
UBS starts job cuts at Asia wealth unit after profit slump
UBS Group started cutting jobs at its Asia private banking division this week as a slump in profits weighs on the region’s...
BNP Paribas hikes cost cuts by 400 million euros after weak results
BNP Paribas, the eurozone’s largest bank, on Wednesday (Mar 13) said it will step up its cost-cutting plan by 400 million euros...