Goldman Sachs raise targets
Weekly Global News Wrap: Commerzbank profits better-than-expected; Goldman Sachs raises financial targets
And US investment banks turn bullish on China.
Weekly Global News Wrap: Commerzbank profits better-than-expected; Goldman Sachs raises financial targets
And US investment banks turn bullish on China.
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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. Citigroup’s profitability set to grow by 2025: Moody’s 5. HKMA and partners inject US$500m for sustainable finance investments in AsiaResource Center
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Companies must be transparent and fair to maintain trust and mitigate reputational risks.
Information Technology
Principled AI key to transformation of financial services
Companies must be transparent and fair to maintain trust and mitigate reputational risks.
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