Banks
DBS, OCBC hit new records but UOB lags
The new records follow DBS’ appointment by the Chinese central bank to be the first local bank to serve as a yuan clearing lender
Back to office? JPMorgan’s US$4 billion NY edifice should ease the pain
It’s about the belief in building great spaces for employees in the US, Europe, Asia and elsewhere, says the CEO in exclusive interview with BT
China shadow bank’s missed payments show growing property stress
Authorities in Zhejiang province have set up a special working group to address the latest crisis and maintain financial and social stability
In Depth: China bad-debt managers’ bet on bank stocks could backfire
A new player has emerged in the boardrooms of China’s major banks: the “Big Four” state-owned asset management companies (AMCs) created to clean up the bad debts of four state-owned commercial lenders...
US bank regulator says banks can act as crypto intermediaries
Critics say such changes have made the traditional financial sector and the loosely-regulated and volatile world of cryptocurrencies more interconnected
China’s risky shadow banks back in spotlight after Xi’s debt crackdown
Bridging the funding gap has become more urgent as bond issuance by the special financial vehicles has fallen to its lowest level since 2020
Race for talent is on as bankers brace for IPO boom in Vietnam
The pipeline for first-time share sale looks busy heading into 2026
Goldman, BlackRock rush to fill wealth-advice void in Australia
Global names are racing to expand across the country, drawn by a paradox few markets can match: enormous household wealth coupled with a chronic shortage of financial advisers
Major Chinese banks cut high-yield deposit products to ease margin pressure
The shorter-term deposit products carry interest rates of around 1.2% to 1.8%
Saudi National Bank’s US$1 billion loan adds to Middle East spree
It’s part of a plan to finance a US$2 trillion economic overhaul
