GLOBAL investment banks including JPMorgan Chase & Co and UBS Group are renewing efforts to gauge investor interest in Chinese developer bond sales, in hopes of revitalising a key business following a yearlong deal drought.
JPMORGAN Chase & Co, the largest US lender, plans to hire more than 500 bankers catering to small businesses through 2024, the company said on Wednesday (Feb 8).
DEUTSCHE Bank’s asset management arm is in talks to invest in two German cryptocurrency firms as part of efforts to revive growth, according to people familiar with the matter.
ROBINHOOD Markets said it’s looking to repurchase shares previously controlled by Sam Bankman-Fried and cancelled almost US$500 million of stock-based compensation for its co-founders.
THE Bank of Korea (BOK) will cut its benchmark interest rate earlier than previously expected, a Bloomberg survey shows, reflecting growing concerns over the outlook for economic growth.
KRAKEN, one of the world’s largest cryptocurrency exchanges, is embroiled in a probe by a top US financial regulator over whether it broke securities rules related to certain offerings to American clients, according to a person with knowledge of the matter.
JPMORGAN Chase & Co cut hundreds of mortgage employees this week, adding to job losses across the industry as home-lending businesses continue to be hurt by elevated interest rates.
SINGAPORE’S trio of local banks should continue to post solid growth in net interest margins (NIMs) for the fourth quarter of 2022, thanks to the high interest rate environment.
SINGAPORE’S trio of local banks should continue to post solid growth in net interest margins (NIMs) for the fourth quarter of 2022, thanks to the high interest rate environment.
EUROPEAN Central Bank supervisors will zero in on bad loans this year after finding that some eurozone banks had set too little money aside for them or were slow in recognising the problem, the ECB said on Wednesday (Feb 8).












