Chinese banks are accelerating write-offs and transfers of bad assets to shore up asset quality as margins have hit record lows
Insurance industry veteran Eric Andersen will be its new president and CEO-elect, effective Feb 16
The central bank will make flexible and efficient use of multiple monetary policy
The repurchase represents about 3% of its issued share capital, based on the Jan 5 closing price
Singaporean companies issue a total of 38 IPOs in 2025, raising US$2.5 billion
DBS leads in fees earned; local firms issue a total of 38 IPOs last year, raising US$2.5 billion
The sale marks the company’s first AT1 transaction since September
The lender is looking to sell two US dollar-denominated notes
The directive underscores growing concerns among regulators about potential shocks to the banking sector
Property in the North Asian nation has been attractive to foreign funds because borrowing costs still remain low
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