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banks

UBS completes Credit Suisse takeover to become wealth management behemoth
Companies 2 years ago

UBS completes Credit Suisse takeover to become wealth management behemoth

UBS on Monday said it had completed its emergency takeover of embattled local rival Credit Suisse, c...
US banks could face 20 percent hike to capital requirements - WSJ
Regulations 2 years ago

US banks could face 20 percent hike to capital requirements - WSJ

US regulators are preparing to tighten rules for large banks, which could raise their capital requir...
JPMorgan to buy First Republic after regulators seize control
Companies 2 years ago

JPMorgan to buy First Republic after regulators seize control

US financial authorities have taken possession of California's troubled First Republic Bank, whi...
Bank rescues ease crisis fears but investors worry it's not enough
Markets 2 years ago

Bank rescues ease crisis fears but investors worry it's not enough

A $30 billion lifeline for First Republic Bank hosed down market fears about an imminent banking col...
US regulators rush to contain SVB fallout, as a second bank fails
Markets 2 years ago

US regulators rush to contain SVB fallout, as a second bank fails

US authorities unveiled sweeping measures Sunday to rescue depositors' money in full from failed...
Global bank shares sink over US fears
Markets 2 years ago

Global bank shares sink over US fears

The world's biggest banks took a stock market beating on Friday as signs of trouble at a US regi...
Nobu and MNC bank merger underway, OJK confirms
Companies 2 years ago

PREMIUM
Nobu and MNC bank merger underway, OJK confirms

Two banks owned by homegrown conglomerates will be merged this year, according to the Financial Serv...
HSBC says pre-tax profit slips to $17.5b in 2022
Companies 2 years ago

HSBC says pre-tax profit slips to $17.5b in 2022

Banking giant HSBC on Tuesday announced a dip in 2022 pre-tax profits last year, calling the ongoing...
Indonesian banks reap geographic benefits, study finds
Economy 2 years ago

PREMIUM
Indonesian banks reap geographic benefits, study finds

Banks in Indonesia and other countries of the region stand to gain from a stronger macroeconomic out...
Rising consumer spending, commodity prices help Indonesian banks: Moody’s
Economy 3 years ago

PREMIUM
Rising consumer spending, commodity prices help Indonesian banks: Moody’s

Operating conditions for Indonesian banks are returning to normal after pandemic-related disruption,...
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