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Bank of England’s policymaker warns neutral rate question can’t be avoided

Wealth fund KIA said to be seller of HK$26.8 billion AIA stake

Unnamed AIA Group shareholder is said to sell HK$26.8 billion stake

Credit Suisse, UOB, UBS, Citi among 9 financial institutions penalised S$27 million for roles in S$3b money laundering case

Credit Suisse, UOB, UBS, Citi among 9 financial institutions penalised S$27.5 million for roles in S$3b money laundering case

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Germany’s DAX Index hits record high after tariffs round trip

Germany’s DAX Index became the first major European gauge to surpass its March record high, recouping all declines sparked by US...

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OCBC mulls capital management as it closes in on three-year target for S$3 billion incremental revenue

The lender has surpassed milestone targets and achieved S$2 billion as at end-2024

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OCBC keeps 2025 guidance, but loan growth targets could be buffeted by headwinds: CEO Helen Wong

US tariffs impacts around 3% of loan book

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Singapore banks set aside extra allowances to account for heightened uncertainty

Nevertheless, they note that their respective asset qualities remain sound

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DBS, OCBC, UOB set aside extra allowances to account for heightened uncertainty

Nevertheless, they note that their respective asset qualities remain sound

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First-order impact of trade tariffs affect about 3% of OCBC’s loan book; portfolio remains ‘resilient’

The bank’s customer loans stand at S$322 billion as at Mar 31, 2025, up 7% from S$301 billion a year ago

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Direct impact of trade tariffs affects about 3% of OCBC’s loan book; portfolio remains ‘resilient’

The bank’s customer loans stand at S$322 billion as at Mar 31, 2025, up 7% from S$301 billion a year ago

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SEC seeks to settle legal fight with Ripple Labs for US$50 million

The SEC has dismissed or paused several other legal cases and investigations targeting crypto companies since US President Donald Trump took office...

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Bain Capital to sell China data centre business likely valued at over US$4 billion: sources

The sale also comes as data centre valuations have soared in the last few years, driven by rapid developments of artificial intelligence

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OCBC Q1 profit falls 5% to S$1.88 billion; beats expectations

This beats the S$1.86 billion consensus forecast in a Bloomberg survey

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