CHINA’S central bank has told some banks to slow the pace of lending, to contain risks after new bank loans jumped to a record in January, three bankers with knowledge of the matter said.
SWISS financial regulator Finma is reviewing remarks made by Credit Suisse chairman Axel Lehmann about outflows from the lender having stabilised in early December, two sources said.
WARBURG Pincus is raising 3 billion yuan (S$584 million) in its maiden yuan-denominated fund, two people with knowledge of the matter said, joining a growing list of private equity investors eyeing local currency investment opportunities in China.
WARBURG Pincus is raising 3 billion yuan (S$584 million) in its maiden yuan-denominated fund, two people with knowledge of the matter said, joining a growing list of private equity investors eyeing local currency investment opportunities in China.
JAPAN’S benchmark yield briefly rose above the central bank’s ceiling for the first time since its January meeting, as traders continued to bet on further policy tweaks.
INDIVIDUALS in Singapore and India will now be able to send real-time payments to one another through a service that links the Republic’s PayNow with India’s Unified Payments Interface (UPI).
HSBC said it still expects to complete the sale of its Russia business in first-half 2023, in the most significant update on the progress of the deal since it said in July 2022 it had agreed to sell the unit to local lender Expobank.
HSBC Holdings will consider a special payout after the sale of its Canadian unit as the bank attempts to face down a campaign from its largest shareholder to pursue a wider break-up of the business.
JPMORGAN Chase & Co is letting go of about 30 investment bankers in Asia-Pacific this week, with a majority of them based in Greater China, as deal flows in its biggest growth market in the region struggle to rebound, people familiar with the matter said.
THE Japanese subsidiary of Sam Bankman-Fried’s failed crypto exchange plans to reopen withdrawals on Tuesday (Feb 21), making itself the first of the FTX group’s businesses to return money to clients.












