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 08:47
Laurentian Bank Drops as CEO Is Silent About Strategy Review
Laurentian Bank of Canada is still conducting a strategic review that could lead to a sale, but the
2023-09-01 05:53
Klarna Shrinks Losses With Sales Growth and Cost-Cutting
Klarna Bank AB’s losses narrowed in the first half of the year as its growing customer base continued
2023-08-31 16:53
UBS Smashes Banking Record as It Absorbs Credit Suisse
UBS Group AG posted the biggest-ever quarterly profit for a bank in the second quarter as a result
2023-08-31 14:46
Active ETFs Cash In on Corporate Reform in Japan
Actively managed exchange-trade funds are set to launch in Tokyo next week, with one asset manager focusing its
2023-08-31 13:25
Country Garden Posts Record Loss, Warns of Possible Default
Country Garden Holdings Co. warned that it may default on its debt and raised concerns about staying in
2023-08-31 12:49
China Central Bank Meets With Private Firms, Pledges Funding
The People’s Bank of China met with lenders and private businesses on Wednesday, pledging to improve their access
2023-08-31 11:55
Traders Defy PBOC’s Yuan-Fixing Guidance for Record-Long Stretch
A gauge of trader sentiment toward China’s yuan has produced a bearish reading for a record 51 straight
2023-08-31 07:47
StanChart Offers 20 Weeks of Paid Leave to New Parents
Standard Chartered Plc will offer at least 20 weeks of paid leave to new parents starting next month,
2023-08-30 17:25
Italy’s Meloni Softens Rhetoric on Banks, Says China Ties Solid
Italian Prime Minister Giorgia Meloni softened her tone on plans to impose a windfall tax on banks and
2023-08-30 16:16
Singapore Money Laundering Case Embroils City’s Banking Giants
Some of the biggest local and international banks in Singapore are becoming embroiled in one of the city-state’s
2023-08-30 13:20
China’s Largest Bank Nears Record Low Valuation on Margin Woes
Industrial & Commercial Bank of China Ltd. is trading near a record low valuation, with its shares down
2023-08-30 07:54