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Top UBS banker in Australia sees role helping ultra-rich invest abroad

UBS Group expects rich Australians to seek more investment outside the country as assets grow and they want to diversify more.

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No reason not to cut rates in December as of now, ECB’s Holzmann tells paper

AS THINGS currently stand, there is no reason for the European Central Bank not to cut interest rates in December but the...

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JPMorgan braces for ‘impactful’ first two years of Trump

THE first two years under Donald Trump’s second term could be “quite impactful” if policy changes are made on tax, deregulation and...

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Thai ex-central bank governors warn of interference in chairman selection

MORE than 800 leading Thai economists, including four former governors of the Bank of Thailand, warned on Saturday of political interference in...

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MUFG is bullish on India and seeking M&A deals to drive growth

MITSUBISHI UFJ Financial Group (MUFG) is bullish on India, where it’s actively looking for acquisition targets that will help boost its presence...

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DBS, OCBC, UOB aim to stay competitive as foreign players slash mortgage rates

SINGAPORE’S local banking trio will continue to watch interest rate movements to ensure that their mortgage rates stay competitive.

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Bitcoin on cusp of US$80,000 for first time on optimism over Trump

BITCOIN is closing in on US$80,000 for the first time, boosted by President-elect Donald Trump’s embrace of digital assets and the prospect...

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Could the bond market stymie Trump’s economic plans?

WITH Republicans poised to seize control of Congress, Donald Trump’s economic plans could face little legislative resistance. The president-elect has vowed to...

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Singapore’s DBS eyes Malaysian bank stakes in expansion push, sources say

SINGAPORE’S biggest lender DBS is exploring expanding into Malaysia with potential acquisitions of stakes in banks in its Southeast Asian neighbour, including...

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DBS eyes Malaysian bank stakes in expansion push: sources

SINGAPORE’S biggest lender DBS is exploring expanding into Malaysia with potential acquisitions of stakes in banks in its Southeast Asian neighbour, including...

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