banks

(Dec 13): Hong Kong arrested 29 current and former staff of five financial institutions, including four banks, for alleged bribery connected with obtaining confidential customer information to market personal loans, the city’s anti-graft agency said.

LONDON (Nov 22): Citi has joined JPMorgan at the top of global regulators' list of systemically important banks, replacing HSBC and meaning the US bank will have to hold extra capital from 2019 to help preserve financial stability.

MUMBAI (Nov 22): Serpentine queues spilling from banks. Parents worried that they can’t provide for their families. Prime Minister Narendra Modi appealing to Indians to bear the pain for just a little while longer.

SINGAPORE (Nov 22): Swiber Atlantis, a wholly-owned subsidiary of Swiber Holdings, has signed a memorandum of agreement (MOA) for the sale of its vessel known as Sea Horizon to WAG SPV I, LLC for US$10.25 million ($14.6 million).

SINGAPORE (Nov 17): There were no major surprises for UOB Kay Hian in 3Q16. According to the research house, 65% of the stocks under its coverage reported financial results came in line with their expectations.

SINGAPORE (Nov 14): RHB Research has maintained its “buy” rating on Silverlake Axis, even after the group’s special dividend from its sale of Global InfoTech (GIT) is expected to be delayed to 2QFY17.

SINGAPORE (Nov 7): Central banks have been largely ineffective in creating credit within their economies despite repeated efforts at tweaking their monetary policy, and Huw van Steenis, the Global Head of Strategy at Schroders, thinks he might know the re

SINGAPORE (Nov 7): Maybank Kim Eng is maintaining its “negative” recommendation on Singapore banks, in anticipation of further asset quality deterioration, even as the local lenders have focused on revenue generation in 3QFY16.

SINGAPORE (Nov 1): The three local lenders, DBS Bank, United Overseas Bank and Oversea-Chinese Banking Corporation - with their combined oil and gas exposure of $47.3 billion at end Sept - saw falling asset quality from their oil and gas exposure for 3QFY

BLOOMBERG (Oct 14): Preoccupied by ultra-low interest rates in much of the industrialised world, the financial industry risks being blindsided by an even bigger challenge, according to Russian central bank Governor Elvira Nabiullina.