TOP STORIES
No results found.
LONDON (Reuters) - Investors have poured $756 billion into cash funds this year, Bank of America said in a note on Friday, attracted by juicy yields and driven by concerns about banks.
The rush into …
May 27, 2023
LONDON (Reuters) - HSBC is reviewing a possible exit from as many as a dozen countries, or one in five of the markets it operates in, to sharpen its focus on Asian expansion, Chief Financial Officer G…
May 26, 2023
Madrid (Reuters) - The chairman of Spain's Santander (SAN.MC), Ana Botin, warned on Tuesday against more regulation in the financial industry and said that in part mismanagement was to blame for the r…
May 24, 2023
(Reuters) - Large U.S. lenders will bear most of the cost of replenishing a deposit insurance fund that was drained of $16 billion by the collapse of Silicon Valley Bank and two other lenders, althoug…
May 12, 2023
Policymakers must respond to changes in financial environment
Concerns over bank credit-worthiness yet to subside - Suzuki
Japan to chair G7 finance leaders' meeting May 11-13
Japan hopes to …
May 9, 2023
SINGAPORE: DBS Bank users experienced intermittent issues logging into the bank's mobile banking services on Friday (May 5) due to "high login traffic volume", the bank said.
It was responding to c…
May 5, 2023
Friday, May 5, 2023 - THE US is poised to exempt smaller lenders from kicking in extra money to replenish the government’s bedrock deposit insurance fund, and instead saddle the biggest banks with muc…
May 5, 2023
HONG KONG – Now that US savers have noticed they can get much better returns elsewhere, they are pulling money out of their bank accounts.
In 2023, assets held by money market funds soared by about…
May 3, 2023
May 3, 2023 - South Korean stocks opened lower Wednesday on renewed fears over the US banking crisis following the auction of a US regional bank ahead of the Federal Reserve's policy meeting this week…
May 3, 2023
May 02, 2023 - Saudi National Bank, the largest lender in Saudi Arabia by assets, reported a nearly 12 per cent increase in its net profit for the first quarter of 2023, driven by higher operating inc…
May 2, 2023
