JPMORGAN Chase is suing former high-level executive Jes Staley over his ties to Jeffrey Epstein, naming him as the official involved in a sexual assault case against the firm, court filings showed.
A US judge in New York on Thursday sentenced former Goldman Sachs banker Roger Ng to 10 years in prison following his conviction in the massive 1MDB bribery scandal.
AVIVA hiked its payouts to investors on Thursday (Mar 9), including a pledged £300 million (S$483.2 million) share buyback, after navigating a volatile year in its key markets amid pressure from activist investor Cevian to boost returns.
SILVERGATE Capital spent its final days under siege.
SCHRODERS won regulatory approval to set up the UK’s first private asset fund targeting individuals.
DBS on Thursday (Mar 9) reported a 7.8 per cent drop in financed emissions towards the oil and gas (O&G) sector on a reduction in absolute emissions among some of its clients last year.
DBS lowered the emissions that it finances in most key sectors in 2022, putting it mostly on track to meet its decarbonisation goals, according to the bank’s first sustainability report since announcing its net zero targets in September 2022.
THE European Central Bank (ECB) plans to test the cyber resilience of the eurozone’s top banks after a sharp rise in cyberattacks, including after Russia’s invasion of Ukraine, ECB supervisory chief Andrea Enria told a Lithuanian newspaper.
EURO area government bond yields headed back towards multi-year highs on Thursday (Mar 9), as central bank commentary had investors bracing for interest rates to rise and stay there longer than previously expected.
EMERGING markets are facing their demons, as traders mull whether US Federal Reserve interest rates will rise as high as 6 per cent – a level that could kick weaker countries when they are down, while diverging global growth paths and China’s reopening might cushion some of the blow...










