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Several of the largest U.S. banks are reportedly pausing or reassessing how they send sensitive information to the Office of the Comptroller of the Currency (OCC) following a major…
Tyra Banks is returning to IMG Models for representation. Earlier in her career she was represented by IMG, but took a break from modeling and recently didn’t have representation. Banks is…
The term Operation Chokepoint was first used in reference to a program launched by the Barack Obama administration under which US officials were said to have pressured banks into severing…
Major card-issuing banks have prevented S$53.9 million of losses in Q4 2024, ABS says THE Association of Banks in Singapore (ABS) said on Monday (Feb 17) that major card-issuing banks have…
THE Indian central bank’s unexpected and decisive intervention in the foreign exchange markets over the past two days, worth as much as US$11 billion by one estimate, has reduced the…
BANKS in the Republic can now better tackle trade finance fraud with a new automated digital tool that checks the authenticity of bills of lading – supporting documents commonly used to…
Days after the rule went into effect in January, the bureau was sued by NetChoice and TechNet, two trade groups representing Big Tech. In addition to challenging the rule, the groups…
The three banks, which contribute to about half of the STI, have hit highs multiple times in the past year SINGAPORE’s Straits Times Index (STI) has broken through to a new record high on…
The administration is expected to reshape US policy on digital currency, but US bankers have so far remained cautious on cryptocurrencies COINBASE Global on Tuesday (Feb 4) renewed its…
A RENEWED push by Japan’s biggest banks and other global lenders in India is driving down loan prices with the new players having more appetite for riskier credit, according to the country…
CHINESE battery giant CATL has hired banks, including JPMorgan and Bank of America, to work on a Hong Kong listing, in what could be one of the city’s largest offerings in 2025, two people…
SINGAPORE property owners have spent a long time languishing in the shadow of the chart-topping performance of the island’s banks. But with US Federal Reserve chairman Jerome Powell…
SINGAPORE equities fell on Friday (Jan 10), driven by losses in the banks and other Straits Times Index (STI) counters. The benchmark index declined 1.6 per cent or 61.04 points to…
SINGAPORE and Malaysia have established a new Johor-Singapore Special Economic Zone (JS-SEZ) that will drive investments in key sectors. The 11 key sectors are: manufacturing, logistics,…
SINGAPORE and Malaysia have established a new Johor-Singapore Special Economic Zone (JS-SEZ) that will drive investments in key sectors. The 11 key sectors are: manufacturing, logistics,…
Two-month operation relies on robotic process automation technology to detect possible victims, enabling authorities to reach out to them quickly MORE than 1,444 scam cases were thwarted…
SINGAPORE shares ended higher on Wednesday (Jan 8), led by gains in the local banks and Yangzijiang Shipbuilding. The Straits Times Index (STI) expanded 1.5 per cent or 58.81 points to…
THE European Central Bank (ECB) is set to crack down on lenders that are slow to deal with fixes the supervisor demands of them, after growing frustrated with a perceived lack of…
Federal prosecutors said Thursday that rapper Lil Durk, who is accused of commissioning a murder two years ago in Los Angeles, may be linked to another killing in Chicago — new allegations…
THE Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday (Dec 6) but cut the cash reserve ratio (CRR) that banks are required to hold, effectively easing monetary…
CHINA’S central bank will deliver the biggest interest-rate cuts in a decade next year as policymakers intensify efforts to shore up growth and arrest deflation, in the view of a number of…
JAPAN’S biggest banks plan to maintain ties to billionaire Gautam Adani despite US bribery charges, even as other global firms including Barclays are reassessing their exposure to the…
Australian shares hit a record high on Thursday (Nov 28), helped by a sustained rally in the heavyweight banking stocks, despite concerns over valuation and the impact of high interest…
Most investment funds also have enough liquidity to meet redemption shocks, its liquidity stress-simulation tests have found SINGAPORE’S banks and insurers have sufficient capital and…
