US BANKS will now have to give customers access to their financial data after the top consumer watchdog finalised a long-awaited rule...
UOB has successfully priced a three-year, five billion yuan (S$923 million) bond at 2.3 per cent, marking its first “panda” bond, or...
FRENCH investment company Wendel will acquire US asset investment firm Monroe Capital, it said on Tuesday (Oct 22), with an initial investment...
HSBC Holdings named insider Pam Kaur as its first female finance chief on Tuesday, replacing Georges Elhedery who became CEO earlier this...
HSBC is evolving its current organisational structure into four distinct businesses while also consolidating its geographic segments into Eastern and Western markets...
STRIPE co-founder and chief executive officer Patrick Collison confirmed in a X post on Monday (Oct 21) that the payments company plans...
RATINGS agency Moody’s on Monday changed its outlook on the United States’ banking system to stable from negative, saying that the change...
SAN Francisco Federal Reserve Bank President Mary Daly on Monday said she has not seen anything to suggest the US central bank...
FEDERAL Reserve Bank of Kansas City president Jeffrey Schmid said he favours a slower pace of interest-rate reductions given uncertainty about how...
YESTERDAY they dealt in distressed debt, today they are battling to establish credibility as plain-vanilla lenders.