Culture
China's PBOC extends currency swap pacts with ECB, Swiss, Hungarian central banks
China’s central bank has extended currency swap agreements with the European Central Bank and the central banks of Switzerland and…
Tag
Banks
Beauty
Singer Banks Wore a “Sexy and Romantic” Lace Vivienne Westwood Dress to Wed Lacrosse Star Drew Snider
To allow her dresses to do the talking, Banks kept her accessories minimal, opting for shoes by Jimmy Choo and wearing her engagement…
Culture
Europe: Shares post first weekly loss in four as banks weigh
European shares closed lower on Friday (29 Aug), hitting their lowest in over two weeks, weighed down by British banks, while investors…
Culture
Chinese banks face profit squeeze as loan growth falters
Top Chinese banks’ first-half results on Friday (Aug 29) will underline the impact of slowing loan growth in a deflationary economy, a…
Culture
Russians hoard record US$500 billion in banks lured by high rates
Russian households have amassed a record amount of bank deposits as they take advantage of historically high interest rates for savings…
Culture
Australia housing dysfunction mirrored in central bank’s blowout rebuild
When Australia’s central bank resolved to refurbish its 1960s-era Sydney headquarters in 2018, it hardly expected the project would fall…
Culture
Mizuho, MUFG join race by Japan’s banks for money manager deals overseas
[LONDON/TOKYO] Japanese banks Mizuho and MUFG are targeting buying or partnering with overseas money managers, they told Reuters, joining…
Culture
Australia: Shares hit fresh high on mining and banks boost
AUSTRALIAN shares rose to a record high on Thursday, driven by miners and banks, while investors awaited US Federal Reserve Chair Jerome…
Culture
US banks cut back muni exposure to lowest since financial crisis
US banks are holding the smallest share of debt sold by states and localities since the financial crisis despite attractive valuations and…
Culture
BHP banks on China export resilience and India growth for demand
China’s export resilience and policy support, together with strong growth in India, will underpin future commodity demand despite an…
Culture
Klook taps banks for US IPO: sources
Klook, a travel booking services company, has hired investment banks to help arrange a potential initial public offering (IPO) in the US,…
Culture
UOB, BOS among banks with rising clients' alternative asset investments as Asia’s rich take shine to sector
More of Asia’s richest are viewing private-market investments as a core part of their portfolios, say senior private bankers. With…
Business
The EU urges China to lift 'unjustified' sanctions on Lithuanian banks
VILNIUS, Lithuania (AP) — The European Union on Thursday called on China to revoke sanctions imposed on two Lithuanian banks, arguing…
Culture
Why China’s banks are hunting for fortunes stashed abroad
BEHIND the gates of an opulent mansion in Vancouver, San Francisco, or Sydney, a wealthy Chinese individual lives a life of quiet…
Culture
Trump signs order targeting banks over political discrimination
US President Donald Trump signed an executive order on Thursday (Aug 7) aimed at eliminating practices by banks and their regulators that…
Culture
China’s policy banks rush to issue bonds before tax deadline
China’s policy banks have embarked on a bond-issuance spree in an effort to lock in lower yields before the reinstatement of a value-added…
Culture
Trump says banks discriminate against his supporters
US President Donald Trump on Tuesday (Aug 5) said he believes that banks discriminate against him and his supporters, adding that Bank of…
Business
Scorching heat in Iran forces closure of public buildings, banks
The closure of banks, government offices and other public buildings will affect the provinces of Mazandaran, Markazi, Yazd, Semnan,…
Culture
White House readies order to fine banks for dropping clients over politics: WSJ
The order authorises monetary penalties, consent decrees or other disciplinary measures against violators The White House is drafting an…
Culture
Wall Street banks lose ground in Europe as tariffs spook clients
AS US President Donald Trump has ratcheted up his rhetoric against trading partners in Europe, corporates across the continent are taking…
Culture
StanChart CEO says ‘shame on’ big banks quitting net zero group
The chief executive officer of Standard Chartered, Bill Winters, has some strong words for banks that have recently walked back their…
Culture
Banks pull down Australian shares from record high
Australian shares fell on Monday (Jul 21) to their worst session in more than three months, retreating from a record high scaled in the…
Culture
RHB Bank’s Singapore unit key to regional growth plan, targets
Singapore, part of Malaysia’s fourth-biggest banking group RHB, will be key in driving its regional expansion plans and help meet targets…
Culture
China banks stoke controversy with loans to boost pensions
Rural banks in China have created a public stir by targeting low-income earners and the elderly with loan products designed to plug their…