IN the battle for the biggest prize in China’s trillion-dollar pension market, BlackRock and other global firms have little chance of attracting clients like Judy Deng.
THE Federal Deposit Insurance Corporation (FDIC) stuck to its guns and didn’t offer bailouts to keep two lenders from collapsing. Instead, it struck deals that included millions of dollars of sweeteners to the acquiring banks.
MASTERCARD and Visa are among the firms negotiating to acquire Pismo, which provides cloud-based payment and banking platforms, said people familiar with the matter.
MASTERCARD and Visa are among the firms negotiating to acquire Pismo, which provides cloud-based payment and banking platforms, said people familiar with the matter.
BANK customers shifted their deposits to large US firms from smaller ones amid a banking crisis that led regulators to seize two regional lenders in quick succession.
THE largest of Switzerland’s state-owned cantonal banks expects a boost in growth from the planned merger of UBS and Credit Suisse, its chief executive has told Reuters.
MULTILATERAL development banks (MDBs) reluctant to offer debt relief need to shoulder an “equitable burden” in sovereign debt restructuring, a People’s Bank of China official said on Monday (Mar 27).
INDIA’S decision to tax returns from fixed-income mutual funds is set to bolster its lenders’ efforts to lure deposits for financing a resurgent credit growth and boost profits.
Malaysia’s capital market continued to expand in 2022, with total funds raised reaching a record RM179.4 billion (S$54.3 billion), a 36.6 per cent incase from RM131.3 billion the year before.
