JPMorgan says CEO transition is a top priority, cites potential Dimon successors
JPMorgan Chase's board said an orderly CEO transition is a top priority for the largest U.S. bank in the medium…
Category: Banking
OCBC Malaysia customers can activate the OCBC kill switch via the mobile banking app
KUALA LUMPUR: OCBC Bank (M) Bhd customers can now activate the OCBC Kill Switch via the bank’s mobile banking app…
Bank Negara: Coordinated efforts have strengthened the ringgit, no plans for capital controls
KUALA LUMPUR: Ongoing coordinated efforts by government-linked companies (GLCs), government-linked investment companies (GLICs), Malaysian corporates and businesses have strengthened the…
Philippine central bank keeps interest rates steady at 6.50%
MANILA: The Philippine central bank kept its benchmark rate unchanged at 6.50% for a fourth straight meeting on Monday, as…
Regulator eyes scrutiny of asset manager stakes in US banks
A top US banking regulator is considering a plan to ensure asset management giants BlackRock, Vanguard and State Street stick…
Bank credit increases again in March
After declining in the first two months of this year, credit of the banking industry in March increased by 0.26%…
‘Ailing US real estate not a concern for banks’
Local banks’ exposure to US property, including its ailing commercial real estate sector, is small as a share of the…
Loan growth for banks expected to be around 6% this year
PETALING JAYA: Analysts are projecting the banking sector to record loan growth of between 5.5% and 6% for this year,…
Mixed monetary indicators in February
PETALING JAYA: Malaysia’s monetary indicators were mixed in February, as loan growth hit a 16-month high amid slowing broad money…