Bank of America
BofA sees 51% rise in API use for real-time treasury needs
Business clients are using APIs to simplify onboarding and accelerate transactions.
BofA sees 51% rise in API use for real-time treasury needs
Business clients are using APIs to simplify onboarding and accelerate transactions.
BofA launches guaranteed FX rates with up to a 1-year tenor
The 1-year tenor is available in 37 currency pairs.
China push to stimulate consumption may need more time
For banks, the lower mortgage rates could hurt profits in the short term.
Weekly Global News Wrap: Morgan Stanley offers Bitcoin ETFs; Berkshire Hathaway sells $3.8b BofA stocks
And Wells Fargo is under investigation over issues in its AML programs.
BofA names Winnie Chen as head of APAC global payments solutions
Chen will begin her duties in September 2024.
Japan banks clinch $1.98b boost in interest income after policy shift
But a rise in deposit rates presents risks, analysts warned.
Bank of America eyes client-focused approach amidst Malaysia's economic rebound
Bank of America was named as the top investment bank in Malaysia in 2023 based on M&A deals and services offered.
DBS clinches most investment banking fees in Singapore
Deutsche Bank is the top bank for M&As, whilst Citi took the largest share for ECM underwriting.
Weekly Global News Wrap: Grupo Mexico closing in on $7b Citi Banamex deal; Bank of America opens Luxembourg branch
And Credit Suisse CEO to join UBS board once deal is completed.
Weekly Global News Wrap: Nomura cuts entertainment budget; crypto bank Silvergate closes down
And Bank of America CEO says he and the bank are “capitalist” as anti-ESG critics gain steam.
Weekly Global News Wrap: BNP Paribas vows to slash oil lending; Bank of America employees awarded restricted stock
And Barclays names ex-Credit Suisse dealmaker as head of investment banking.
Weekly Global News Wrap: Bank of America's senior bankers receive pay raise; UBS buys wealth mgmt provider Wealthfront
And Deutsche Bank said it’ll undertake a $339m share buyback.
Weekly Global News Wrap: US Fed stress test clears banks for stock buybacks; EU leaders promise to complete banking union someday
And banking jobs in Frankfurt are falling despite boost from Brexit.
Weekly Global News Wrap: Regulator mulls conservative bitcoin rule; JPMorgan amassing cash amidst inflation woes, says CEO
And Bank of America unveils plan to bring employees back to the office.
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1. UOB’s net profit climbs to $3.42b YTD amidst fee income growth 2. OCBC launches near-instant P2P transfers to WeChat Pay and Alipay 3. OCBC’s Q3 2024 net profit rises 9% to $1.50b 4. MAS’ Chia Der Jiun touts potential of asset tokenisation, quantum 5. Citigroup’s profitability set to grow by 2025: Moody’sResource Center
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