Philippine c.bank gov says rates may be cut before Fed, weighs on peso
MANILA: The Philippine central bank governor reiterated on Tuesday that the benchmark rate could be cut ahead of the Federal…
Category: Banking
Global banks start targeting a new breed of real estate risk
LONDON: At some of the world’s biggest banks, loans to commercial real estate face new litmus tests that promise to…
RBA possibly the only other major central bank at risk of hiking
SYDNEY: Australia’s central bank may have no choice but to resume raising interest rates this year if inflation fails to…
Australia’s ANZ exits AMMB with US$149mil stake sale
KUALA LUMPUR: ANZ Group, Australia's fourth-largest bank, has fully exited its investment in Malaysian lender AMMB Holdings by selling its…
MBSB aims to boost CASA level in 2024
KUALA LUMPUR: Malaysia Building Society Bhd’s (MBSB) key strategy for 2024 is to continue raising current accounts and savings accounts…
UBS splits wealth management role as part of executive reshuffle
ZURICH: UBS said on Thursday Rob Karofsky would become head of the Americas and co-president of global wealth management with…
Alliance Bank posts record net profit of RM690.48mil in FY24
KUALA LUMPUR: Alliance Bank Malaysia Bhd's financial year was marked by record high bottomline and revenue as the bank continued…
Hong Leong Bank records RM1.04bil net profit in 3Q
KUALA LUMPUR: Hong Leong Bank Bhd is cautiously optimistic over the business outlook and macroeconomics for the remainder of FY24…
Deutsche Bank explores blockchain opportunity
The blockchain technology underlying the digital asset sector provides an opportunity for banks to respond to the margin compression across…