DEUTSCHE Bank-owned fund manager DWS on Wednesday (Dec 7) said it would create 100 million euros (S$142.2 million) in savings by 2025, and propose a dividend of up to 1 billion euros in 2024.
A FORMER representative of UOB and OCBC has been banned by Singapore’s central bank after he was convicted for offences involving fraud and dishonesty.
INDIA’S central bank reiterated its resolve to fight inflation while slowing the pace of increase in borrowing costs in a signal it’s nearing the peak rate.
NOMURA Holdings plans to break a profit at its crypto unit within two years as the spectacular failure of Sam Bankman-Fried’s FTX exchange spurs demand for safer counterparties in the digital-asset sector.
BLACKSTONE’S behemoth private credit fund hit its redemption limits for the first time in its two-year history as investors yank capital from the US$50 billion corporate lending vehicle.
CREDIT Suisse Group bankers are trying to entice rich clients with higher-yield notes and bonus deposit rates in a bid to quickly recoup as much as possible of the almost US$90 billion recently pulled from the bank.
