Marina Bay Sands Said to Seek Up to S$10 Billion Loan for Growth
Marina Bay Sands Pte plans to tap banks for a loan of as much as S$10 billion ($7.5
2023-11-30 12:16
Asia Bank Margins to Dip as Rate Hikes Sink in, Bad Loans Grow
Lending margins will be in focus this week when Asia’s largest banks report earnings, amid peaking interest rates
2023-10-23 14:29
Singapore to Inspect Credit Suisse, Others in Major Scandal
Singapore’s financial regulator will conduct an on-site inspection of Credit Suisse Group AG after at least one of
2023-10-18 17:46
Singapore Banks Tighten Scrutiny of Chinese With Other Passports
Singapore banks are increasing scrutiny of some Chinese-born clients with other citizenships, following last month’s crackdown on money
2023-09-21 11:15
Singapore Asks Banks to Probe Dealings With Laundering Suspects
Singapore’s central bank has directed financial institutions to review any relationships with individuals tied to a money laundering
2023-09-08 10:18
Singapore Laundering Case Exposes Gaps in Illicit Money Defenses
A Singapore money laundering probe involving more than S$1 billion ($740 million) is shining a light on fund
2023-09-05 08:45
MUFG Brokerage JV Sued in Japan Over Credit Suisse AT1 Sales
Japanese investors sued Mitsubishi UFJ Financial Group Inc.’s joint venture brokerage with Morgan Stanley, showing that the fallout
2023-09-01 08:49
Economists Downgrade Hong Kong Growth Forecasts After GDP Miss
Economists are downgrading their forecasts for Hong Kong’s economic growth this year following worse-than-expected data for the second
2023-08-01 11:47
MUFG Says It Handled Credit Suisse Debt Sales ‘Mostly Properly’
Mitsubishi UFJ Financial Group Inc.’s brokerage venture said it handled sales of Credit Suisse’s riskiest debt properly for
2023-07-31 17:48
Singapore Bank UOB’s Profit Tops Estimates on Lending Income
United Overseas Bank Ltd. second-quarter profit beat estimates, buoyed by rising lending income. Net income, excluding one-off expenses,
2023-07-27 07:18
Here Are the Asia Bank Earnings to Watch After Wall Street Results Fuel Optimism
Will Asian banks follow Wall Street upward? That’s the question in focus this week after American banking behemoths
2023-07-24 13:59
Taylor Swift’s Singapore Concert Frenzy Propels UOB Card Signups
Taylor Swift fans across Asia have flocked to sign up for United Overseas Bank Ltd.’s cards as the
2023-07-04 09:21