Business
Deutsche Bank’s DWS cuts Asia private credit team in shift: sources
Despite Asia credit pullback, DWS sees alternatives driving growth and plans hires in Singapore DWS Group, an asset management arm of…
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Banks
Business
Deutsche Bank’s DWS cuts Asia private credit team: sources
Despite the retreat from Asia private credit, DWS sees alternatives driving growth and plans hires in Singapore DWS Group, an asset…
Business
Tyra Banks Goes Matte and Maximal in Second-Skin Sock Boots at the ARIA Awards in Sydney
Tyra Banks arrived at the 2025 ARIA Awards with a pointed sock-boot moment — and her signature smize — as she stepped onto the Sydney red…
Business
Buburuza CEO Daniel Zakharov on Why ASEAN Families Chose AI Banks Over Traditional Banks
You're innately drawn to things that give you power. That's not philosophy. That's psychology. When the pandemic hit and bank branches…
Business
Europe's banks face 'unprecedentedly high' risk of shocks, ECB warns
Eurozone banks must prepare for unprecedented shocks causing severe disruptions with far-reaching consequences for financial systems, the…
Business
Fraud and scam claims against digital banks in Singapore on the rise
There were 94 scam and fraud claims against digital banks in Singapore in the first eight months of 2025, more than double the 42 claims…
Business
Australia's big four banks move to bypass mortgage brokers as profits squeezed
They are looking to offset pressure on profit margins from lower interest rates, higher costs and intensifying competition Australia’s…
Business
Battling the Sea on the Outer Banks
Daniel Pullen offers beautifully composed and striking images of the destruction that climate change has brought to his lifelong home.…
Business
Zhongji Innolight picks banks for one of Hong Kong’s biggest listings
The company’s Shenzhen shares surge 237% since June, lifting its 2025 gain to 300% Zhongji Innolight, a Chinese maker of optical…
Business
Banks and landlords are pounding on the door; will mm2 Asia survive the siege?
It has been a difficult year for mm2 Asia, whose Cathay Cineplexes unit has already entered voluntary liquidation Mired in debt and facing…
Business
Banks and landlords are pounding on the door; can mm2 Asia survive the siege?
It has been a difficult year for mm2 Asia, whose Cathay Cineplexes unit has already entered voluntary liquidation Mired in debt and facing…
Business
India in talks to create bigger banks, including via mergers, finance minister says
India has 12 state-owned banks, which together hold assets totalling 171 trillion rupees (S$2.51 trillion) as of March India needs more…
Business
Chinese banks edge out global rivals in financing Boyu Capital’s Starbucks China deal: sources
Ping An Bank, Industrial Bank, and China Minsheng Banking are set to arrange a seven-year syndicated loan of about US$1.4 billion Chinese…
Business
DBS banks on deposit growth to keep income stable in 2026 as interest rates fall
CEO Tan Su Shan sees opportunities within the equities capital markets and debt capital markets, as corporates return to these segments…
Business
US: Wall Street tumbles after big banks flag pullback risk
Wall Street’s main indexes tumbled on Tuesday (Nov 4) as investors questioned lofty tech valuations after the CEOs of top Wall Street…
Business
China’s largest banks report steady profits, but margins shrink
[BEIJING/SHANGHAI] Four of China’s largest five state-owned banks reported steady profits on Thursday (Oct 30), but their margins came…
Business
Banks not told of power plant initially to prevent information leak, court told
Hyflux had initially withheld from bank lenders certain information about the Tuaspring project including a power plant to protect its…
Business
Banks initially not told of power plant to prevent information leak, court told
Hyflux had initially withheld from bank lenders certain information about the Tuaspring project including a power plant to protect its…
Business
Banks initially not told of Tuaspring power plant to prevent information leak, court told
It was kept from lenders to protect company’s strategy from rivals, Olivia Lum’s counsel says Hyflux had initially withheld from bank…
Business
Philippine banks to lead profit growth among regional peers
Philippine banks, helped by robust loans, are poised to deliver the highest net interest income growth among South-east Asian lenders this…
Business
Deutsche Bank’s DWS joins rivals in setting up Abu Dhabi office
It aims to be the preferred asset manager for institutional investors ploughing money into Europe, including Germany Deutsche Bank’s…
Business
Banks not told of power plant when it gave in-principle loan commitment to Tuaspring project: witness
Consortium sends18 questions to company upon finding out about the higher-risk power plant The consortium of banks which considered…
Business
Banks not told of power plant when they gave in-principle loan commitment to Tuaspring project: witness
Consortium sends18 questions to company upon finding out about the higher-risk power plant The consortium of banks which considered…
Business
Banks not told of power plant when they gave in-principle loan commitment to Hyflux’s Tuaspring project: witness
Consortium sends18 questions to company upon finding out about the higher-risk power plant The consortium of banks which considered…