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Fitch warns of eastern European downgrades if Greenland strife cracks Nato

Tensions over Greenland were however, unlikely to affect Denmark’s triple-A rating

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What are significant risk transfers – and why is DBS reportedly considering them?

Analysts say that other banks in Asia, including OCBC and UOB, could eventually explore similar deals

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IMF’s Georgieva says central bank independence critical, backs Powell

International Monetary Fund chief Kristalina Georgieva on Thursday underscored the importance of keeping central banks independent and threw her support behind...

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JPMorgan CEO Jamie Dimon says he wants to stay in job at least five more years

JPMorgan CEO Jamie Dimon wants to stay at his job “at least” five more years, he told an event hosted by...

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Fed officials back rate-cut pause as inflation concerns linger

The central bank is widely expected to leave its benchmark unchanged at its Jan 27 to 28 meeting

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Goldman Sachs’ profit rises on dealmaking, trading strength

Its profit attributable to common shareholders rises to US$4.4 billion in Q4, from US$3.9 billion a year before

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UBS CEO Ermotti underlines his desire for internal successor

The bank is currently putting together the right candidates for the new leadership, he says

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China’s central bank cuts structural interest rates to boost targeted lending

The moves signal targeted adjustments to bolster an economy hit by weak demand and imbalances

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JPMorgan, Brookfield see deals revival for clean energy assets

The IEA forecasts renewable energy, particularly solar, to grow faster than any other major source of electricity generation to 2035

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HSBC, Prudential in US$220 million funding for Hong Kong’s WeLab

The fintech has over 70 million individual users and more than 700 enterprise customers

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