Banking & Finance
Former manager with DBS Bank admits cheating 7 victims, including his uncle, of over S$1 million
[SINGAPORE] A former manager with DBS Bank has admitted to cheating seven victims, including his own uncle, of nearly S$1.4 million in total.
MAS partners banking industry to tap AI, machine learning to combat financial crime
It will use these techniques to enhance scam-detection capabilities
Barclays becomes latest brokerage to bet on no Fed rate cuts in 2026
US inflation remains well above the Fed’s 2 per cent target
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Swiss lawmakers gather to discuss law that will shape UBS future
Early signals from the committee will influence what is likely to be months of intense lobbying
Top Bank of Korea official says it’s time to consider rate hike
The South Korean currency has recently touched its weakest level against the US dollar since the global financial crisis
Asia bond sales jump in April as war lull spurs rush in issuance
Year-to-date volumes in the region are now broadly flat from a year earlier, in line with global markets
National Australia Bank profit misses estimates as software costs weigh on bank
The bank will pay an interim dividend of 85 Australian cents per share
‘Golden’ or ‘garbage’: Milken signals new private credit era
It is a time of turmoil for private equity firms, which have been struggling to exit investments
Yen jumps sharply as Japan warns it is ready to intervene again
Tokyo’s ramped-up rhetoric comes as the yen stays under pressure from wide US-Japan interest rate gaps
