SOME of Japan’s largest financial institutions have halted trading securities with Nomura Holdings as the fallout from its market manipulation scandal spreads,...
CHINA’S central bank governor said on Friday (Oct 18) the reserve requirement ratio for commercial lenders could be cut further by 25...
CHINA’S largest state-owned lenders have cut their deposit rates on Friday (Oct 18), their second reduction this year as they rushed to...
INDIA’S central bank barred four non-bank finance companies (NBFCs) from sanctioning and disbursing loans due to “usurious” pricing and for charging a...
UNICREDIT is still awaiting a court decision over whether it must immediately reduce its Russia business to comply with an order by...
SINGAPORE Exchange Regulation (SGX RegCo) has lifted a moratorium on UOB Kay Hian (UOBKH) with immediate effect.
BLACKSTONE posted an increase in third-quarter profit as its credit arm was boosted by an influx of investor cash and became its...
HIGHER profits enjoyed by global banks over the last two years could prove “fleeting”, consultants at McKinsey & Co warned in their...
GOLDMAN Sachs and Morgan Stanley sold a combined US$11.3 billion in investment-grade bonds on Wednesday (Oct 16), after both banks posted earnings...
MILLIONS of Indian retail traders are exploring alternative ways to earn profits ahead of stricter regulations on trading equity derivatives next month,...