DBS Group Research has initiated coverage on Credit Bureau Asia (CBA) with a “hold” call, noting limited upside to the company’s share price despite its defensive business model and strong dividend yields.
APPLE introduced a long-promised high-yield savings account with Goldman Sachs Group, looking to attract US financial clients with an attractive rate and the ease of its Wallet app.
AUSTRALIA’S central bank considered hiking rates for an 11th time in April before deciding to pause, but was ready to tighten further if inflation and demand failed to cool.
WELLS Fargo & Co tapped the high-grade corporate bond market on Monday (Apr 17), the first large US lender to sell bonds since the collapse of Silicon Valley Bank (SVB).
WELLS Fargo & Co tapped the high-grade corporate bond market on Monday (Apr 17), the first large US lender to sell bonds since the collapse of Silicon Valley Bank (SVB).
CREDIT Suisse Group saw clients pull US$4.4 billion from US and European funds since the lender agreed to be acquired by rival UBS Group last month, with recent inflows suggesting the worst of the bleeding may be over.
CREDIT Suisse Group saw clients pull US$4.4 billion from US and European funds since the lender agreed to be acquired by rival UBS Group last month, with recent inflows suggesting the worst of the bleeding may be over.
