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FURTHER relief from the US bank stocks rout may have to wait until lenders report quarterly results starting next month.

PHILIPPINES President Ferdinand Marcos Jr is pushing for the merger of two state-run banks, which will create the country’s largest lender by assets, his finance secretary said on Tuesday (Mar 28).

FRENCH banks including Societe Generale and BNP Paribas face collective fines of more than US$1.1 billion as part of a probe into tax fraud and money laundering related to dividend payments.

BULLISH bitcoin has been a surprise winner of the banking blowout. Yet investors aiming to amp up their bets face an ominous obstacle: a lack of liquidity that could trigger wild price swings.

LAWYERS for Sam Bankman-Fried said they reached an agreement with US prosecutors on Monday (Mar 28) on revised bail conditions, after a judge raised the prospect of sending the indicted FTX cryptocurrency exchange founder to jail pending trial.

THE crisis that has engulfted Credit Suisse has unfolded rapidly, with the latest milestone being the dramatic decision to write down all of the bank’s AT-1 (Additional Tier-1) bonds. Our global team supports clients affected by the AT-1 bond writedown and we share some key takeaways from the latest...

THE Asean Taxonomy Board on Monday (Mar 27) finally gave the sustainable finance industry in South-east Asia what it has been seeking: A way to finance the phasing out of coal.

AUSTRALIA’S biggest lenders said on Tuesday (Mar 28) the domestic financial sector was unlikely to be caught in turmoil engulfing rivals in the US and Europe, but warned that raging competition to sell home loans and attract deposits was hitting margins.

“I’M not an anarchist,” Changpeng Zhao (CZ) once said. “I don’t believe human civilization is advanced enough to live in a world with no rules.”

HONG Kong regulators are convening a meeting between crypto firms and bankers in a bid to ease financing for the sector as the city seeks to establish itself as a hub for virtual assets.