THE Federal Deposit Insurance Corporation (FDIC) has retained BlackRock unit Financial Market Advisory to sell the securities portfolios it kept in receivership after the collapse of Signature Bank and Silicon Valley Bank (SVB).
BANK of America is encouraging some bankers to consider new roles serving middle market clients as it seeks to beef up its business in the growing sector to meet client demand.
SINGAPORE banks could be in for tougher times as loan growth moderates and Singapore’s savers continue piling into higher-interest fixed deposit products, analysts said.
THE metaverse community on Wednesday (Apr 5) welcomed its newest player, OCBC, to the scene after the local lender launched a new initiative – OCBCx65Chulia, on metaverse platform Decentraland.
THE metaverse community on Wednesday (Apr 5) welcomed its newest player, OCBC, with the local lender’s launch of OCBCx65Chulia on metaverse platform Decentraland.
CHINESE authorities have launched a probe into the former chairman and party chief of state-owned China Everbright Group, the latest sign that the country’s crackdown on corruption in the financial sector is picking up pace.
UBS will seek to reassure shareholders on Wednesday (Apr 5) that its unexpected takeover of rival Credit Suisse in the biggest bank rescue since the great financial crash can work.
UBS will seek to reassure shareholders on Wednesday (Apr 5) that its unexpected takeover of rival Credit Suisse in the biggest bank rescue since the great financial crash can work.
UBS will seek to reassure shareholders on Wednesday (Apr 5) that its unexpected takeover of rival Credit Suisse in the biggest bank rescue since the great financial crash can work.
