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OCBC to develop quantum applications with NUS, NTU and SMU

Julius Baer seeks to cut bonuses of bankers with risky books: sources

Latest Singapore six-month T-bill cut-off yield down at 1.79%

China probes US$100 underwriting fee amid Xi price war clampdown

Fed’s Williams says tariff economic impact is only just starting

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HSBC, on cost-cutting drive, expects hit to global headcount to be under 8%

It aims to remove duplicated roles at the more senior levels

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HSBC expects cost-cutting drive to hit less than 8% of global headcount

It aims to remove duplicated roles at the more senior levels

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UOB proposes special dividend, share buyback programme as it unveils long-awaited capital return plans

The bank’s disciplined approach of pursuing long-term growth with stability has served it well, says CEO

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UOB looks to ‘resilient’ Asean to continue to drive growth as Q4 profit beats estimates

The bank is stepping up efforts to enhance productivity

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HSBC 2024 profit beats estimates; announces US$2 billion share buyback

HSBC reported a 6.6 per cent rise in annual profit on Wednesday (Feb 19), beating market expectations, as income withstood the impact...

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HSBC unveils share buyback, cost cut targets as new CEO looks to boost returns

HSBC posted an annual profit on Wednesday (Feb 19) that beat estimates, helped by increased revenue in wealth and markets businesses, and...

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Hong Kong issues nine digital asset platform licenses, plans more approvals

HONG Kong’s financial secretary Paul Chan on Wednesday said the city’s regulators have issued nine digital asset platform licences, adding that more...

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Hong Kong eyes crypto derivatives, margin lending in digital asset push

HONG Kong is considering approving derivatives and margin lending in virtual assets for some investors, its financial regulator said on Wednesday (Feb...

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Hong Kong expands virtual asset push with new licensing, trading options

HONG Kong is expanding the ways investors can trade virtual assets, its financial regulator said on Wednesday (Feb 19), as the city...

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Hong Kong banks tap most funds since 2019 as stock demand soars

HONG Kong banks borrowed the largest amount of short-term cash in more than five years on Tuesday (Feb 18), as they sought...

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