Markets
Weekly Global News Wrap: US Fed, shadow banks on collision course; Banks toughen lending even as demand falls
And France suspends Morgan Stanley from some treasury bond deals.
Weekly Global News Wrap: US Fed, shadow banks on collision course; Banks toughen lending even as demand falls
And France suspends Morgan Stanley from some treasury bond deals.
Taiwanese banks' leverage hits record-high as economy plunges
The hike will carry over until 2021.
Gloom on the horizon for APAC banks' profits in the next few years
Diversification of income streams has yet to yield substantial results.
Recession hounds APAC financial firms as pandemic batters credits
The outbreak will permanently reduce the economy by 2-3%.
Weekly Global News Wrap: ECB extends dividend ban; AmEx warns of slow rebound as credit losses soar
And Goldman Sachs' new performance review opens for more job cuts.
Tokyo, Sydney, aim to lure financial firms from Hong Kong
But Singapore remains the top draw due to its favorable environment and standing.
Chinese banks' capital gap to foil economy boost
Inefficient credit could potentially lead to high systemwide divide.
UOB Asset Management unveils robo-advisory app for retail clients
This makes them the first regional asset management firm to offer robo-advisory.
HSBC denies Chinese media report it ‘framed' Huawei: report
People’s Daily accused the lender of lying about the tech giant.
Indian banks face further credit slump in Q2
Scheduled commercial banks saw weaker credit growth at 5.9%.
South Korea posts record high FX deposits in June
The ongoing pandemic pushed businesses and individuals to boost holdings.
Bank of Japan may have a new pattern when buying stocks
The regulator has said it may buy up to $112b (JPY12t) in ETFs a year.
Australian banking watchdog seeks to update dividend hold policy
It said that the local economy is now less uncertain than in April.
South Korean regulator to end repo agreements
This is due to improved market liquidity and reduced demands.
Citi Hong Kong deploys bots to enhance securities services
It will help reduce potential fail trades and buy-in costs early.
Singapore central bank fines trust firm for money laundering holes
Asiaciti Trust committed money laundering breaches between 2007 and 2018.
APAC banks face $1.27t in credit losses over the next two years
Chinese banks will account for $398b losses in 2020.
Thought Leadership Centre
In Association with
In Association with
In Association with
Most Read
1. Zed challenges banking norms with no interest, forward-looking credit card 2. Citi names Amit Dhawan as head of CCB Singapore 3. StanChart joins Visa’s B2B Connect to enhance cross-border payments 4. Hang Seng Bank warns against phishing email 5. Fintech Qashier clinches in-principle approval for a MPI license from MASResource Center
Read Here
Advertise
Sign Up
Awards
Jul
04
Jul
04
Jul
04
Events
Jun
24
Event News
Event News
HSBC Hong Kong shines at ABF Retail Banking Awards
![HSBC Hong Kong shines at ABF Retail Banking Awards]()
Co-Written / Partner
The bank has been a digital and transformation pioneer in the industry.
The bank has been a digital and transformation pioneer in the industry.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with
In Association with
Most Read
1. Zed challenges banking norms with no interest, forward-looking credit card 2. Citi names Amit Dhawan as head of CCB Singapore 3. StanChart joins Visa’s B2B Connect to enhance cross-border payments 4. Hang Seng Bank warns against phishing email 5. Fintech Qashier clinches in-principle approval for a MPI license from MASAwards
Jul
04
Jul
04
Jul
04
Events
Jun
24
Commentary
Beyond the Hype: Building Trust in Generative AI for a Secure Financial Future
Empowering green growth through sustainable finance in Bangladesh
The Transformative Power of Finance for the People