SINGAPORE’S latest one-year tranche of Treasury bills (T-bills) is offering a cut-off yield of 2.71 per cent, auction results released by the…
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McKinsey warns banks of ‘fleeting’ profit rebound as declining rates set to bite
HIGHER profits enjoyed by global banks over the last two years could prove “fleeting”, consultants at McKinsey & Co warned in their...
Goldman Sachs, Morgan Stanley sell combined US$11 billion in bonds
GOLDMAN Sachs and Morgan Stanley sold a combined US$11.3 billion in investment-grade bonds on Wednesday (Oct 16), after both banks posted earnings...
