Acquisitions
Weekly Global News Wrap: State Street not buying Credit Suisse; Italy to expire bad loan scheme
Weekly Global News Wrap: State Street not buying Credit Suisse; Italy to expire bad loan scheme
And China gives the first nod to revive Ant IPO.
From Reuters:
Financial services and bank holding company State Street has denied reports that it is looking to buy Credit Suisse.
KASIKORNBANK’s stake buy of PT Bank Maspion unlikely to dent strength: Fitch
Thai banks are on an expansion spree overseas amidst weak chances domestically.
Thought Leadership Centre
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1. DBS forecast to post softer Q3 earnings, maintain DPS at S$0.60 2. BPI Wealth Singapore opens at Marina Bay 3. Standard Chartered accelerating gen AI, data training for workforce 4. Capitalisation pressures from Hang Seng Bank delisting ‘manageable’ for HSBC 5. Philippine credit confidence stalls amidst fraud worriesResource Center
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Asian Banking & Finance Retail Banking Awards 2025 Winner: Kwong Wah Eric Fan of Shanghai Commercial Bank
Kwong Wah Eric Fan of Shanghai Commercial Bank highlights how the company drives fintech growth through digital transformation.
