Featured Archives • Page 26 of 1003 • Financial News

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Commerzbank is speeding up CEO succession after UniCredit move

COMMERZBANK is looking to speed up the process to replace chief executive officer Manfred Knof as it contends with a possible takeover approach by rival UniCredit.

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US Fed delivers oversized rate cut as it gains ‘greater confidence’ about inflation

THE Federal Reserve on Wednesday kicked off what is expected to be a series of interest rate cuts with an unusually large half-percentage-point reduction, a move aimed at boosting a cooling job market while continuing to push down on inflation.

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US Fed delivers oversized half-point cut as it gains ‘greater confidence’ about inflation

THE Federal Reserve on Wednesday kicked off what is expected to be a series of interest rate cuts with an unusually large half-percentage-point reduction, a move aimed at boosting a cooling job market while continuing to push down on inflation.

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Barclays expands industrial franchise with US hires, promotion

BARCLAYS is expanding its investment banking franchise in North America with two hires and a promotion in its industrial practice.

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More family offices deploy into risk assets on rising optimism: Citi

MORE family offices (FOs) worldwide are shifting their portfolios to risk assets from cash, amid optimism about the outlook for their one-year portfolio performance.

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Eurozone inflation not where ECB wants it to be, Bundesbank chief says

EUROZONE inflation is still not as low as the European Central Bank would like, so interest rates need to remain sufficiently high to resolve price pressures, Bundesbank president Joachim Nagel said on Wednesday (Sep 18).

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Taiwan’s US$4 billion takeover battle hits snag with rejection of financial firm’s bid

SHARES of Taiwan’s CTBC Financial Holding gained and Shin Kong Financial Holding’s fell after a bid to create the island’s biggest financial group was blocked.

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US bank merger deals face tougher scrutiny for US approval

US BANK mergers will face steeper regulatory hurdles under new guidelines from three agencies, the latest in the Biden administration’s effort to clamp down on consolidation by financial firms.

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OCBC invests S$500 million in Punggol Digital District innovation hub and SIT partnership

OCBC will invest about S$500 million into building its new innovation hub in the Punggol Digital District. The amount will also go towards funding a learning lab in the Singapore Institute of Technology’s (SIT) campus there, among other initiatives, to further its transformation ambitions.

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OCBC makes S$500 million bet on Punggol Digital District innovation hub and SIT partnership

OCBC will invest about S$500 million into building its new innovation hub in the Punggol Digital District.

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