US bank failures
Weekly Global News Wrap: UBS appoints Sergio Ermotti as group CEO; French authorities search banks on suspicion of fiscal fraud
Weekly Global News Wrap: UBS appoints Sergio Ermotti as group CEO; French authorities search banks on suspicion of fiscal fraud
And a top US regulator said Silicon Valley Bank did a terrible job of managing risk.
US, Europe banking fiascos have little effect on Australian banks: analyst
They have different business models from banks in US and Europe.
India’s banks can withstand fallout from US bank failures, Credit Suisse sale
The companies have manageable exposure to these banks.
Low risk of bank runs in Asia: analyst
Japanese banks are the most vulnerable and face flat NIM growth.
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1. DBS and OCBC face weaker Q1 profits despite wealth gains 2. HSBC unveils biggest wealth centre in Singapore 3. Hang Seng and HSBC launch Hong Kong’s first tokenised unlisted gold ETF class 4. DBS and OCBC seen lifting buffers as credit costs rise 5. SWIFT payment framework targets clearer fees and faster tracingResource Center
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