NOMURA Holdings sees a potential revenue boost of US$1 billion or more from a deeper push into areas including equities, private markets and managing money for the rich, according to the firm’s chief executive officer.
ASIAN currencies are set for their steepest monthly advance in more than six years, with the approaching end of the Federal Reserve’s tightening cycle supporting gains.
GLOBAL bonds joined US peers in signalling a recession, with a gauge measuring the worldwide yield curve inverting for the first time in at least two decades.
RICHMOND Federal Reserve Bank President Thomas Barkin on Monday said he supports moving to smaller interest-rate hikes in the central bank’s fight to bring down too-high inflation.
PAYMENT firms including Mastercard and Block are banding together with fintech companies to press Canada to move faster on rules that may boost competition in financial services.
GLOBAL investment banks may have been laying off dealmakers and cutting bankers’ pay, but banks in Singapore are looking at a rosier situation as more private monies flow their way and they seek to enhance digital capabilities.
GLOBAL investment banks may have been laying off dealmakers and cutting bankers’ pay, but banks in Singapore are looking at a rosier situation as more private monies flow their way and they seek to enhance digital capabilities.
CREDIT Suisse bonds have fallen, and the cost of insuring exposure to its debt rose on Monday (Nov 28) following reports of fresh troubles at the Swiss lender.
