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Trump says he may be down to one candidate to head the Fed

US President Donald Trump on Wednesday indicated he was close to choosing the new chair of the Federal Reserve, adding...

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JPMorgan’s Dimon warns of ‘economic disaster’ for US as Trump backs credit card rate cap

Banking industry bodies have pushed back strongly against the move

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UOB’s Sydney branch prices A$2 billion in five-year notes

UOB’s Sydney branch has priced a combined A$2 billion (S$1.7 billion) in two tranches of five-year senior unsecured notes, comprising A$750...

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Aberdeen adviser unit hit by outflows over UK Budget uncertainty

Its clients pulled out £2.5 billion in the three months till December, against £500 million in the previous period

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Maybank eyes 13-14% ROE by 2030 in new five-year strategy unveiled ahead of Q4 earnings

It will invest RM10 billion in its technology, data and artificial strategy over the next five years

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Maybank lifts ROE target to 13-14% by 2030 in new five-year strategy ahead of Q4 earnings

It will invest RM10 billion in its technology, data and AI strategy over the next five years

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OCBC sets up securities financing unit for institutional investors

It will create opportunities for these customers to earn fee income by lending out their idle securities, says lender

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Bitcoin dips back below US$90,000 as global selloff deepens

BITCOIN slid to its lowest level in more than a week, tracking a sharp selloff across global financial markets as investors continued...

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Japanese bonds may rebound after Katayama calls for market calm

JAPAN’S bonds are likely to rebound after Finance Minister Satsuki Katayama called for calm among market participants following a selloff that pushed...

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Democratic senators demand records on Powell probe

US DEMOCRATIC senators Elizabeth Warren and Dick Durbin on Tuesday called for President Donald Trump’s administration to turn over records related to...

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