Bank
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Kyrgyzstan’s Bakai Bank Courts US Treasury’s Scott Bessent and Wall Street Heavyweights for Investment Ties
Scott Bessent, US Treasury Secretary, and Umut Abakirova, Bakai Bank Chairwoman Kyrgyzstan’s Bakai Bank CEO Umut Abakirova met with U.S. Treasury Secretary Scott Bessent and executives from major U.S. financial…
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Spain’s BBVA Bank To Start Sabadell Offer Monday
Spanish banking giant BBVA said on Friday its tender offer for smaller national rival Sabadell would start on Monday after its hostile bid received the stock market regulator’s green light.…
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Trump’s Fed pick plans to keep White House job while at central bank
DONALD Trump’s pick to join the Federal Reserve’s board of governors said on Thursday that he plans to take a leave of absence from his White House job while at…
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Trump’s Fed Governor Pick Vows To Uphold Central Bank Independence
Donald Trump’s pick to join the Federal Reserve’s board of governors pledged to uphold US central bank independence if confirmed — but was coy about leaving his current White House…
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BlackRock to run US$80 billion for Citi as bank refocuses wealth unit
The move highlights a growing trend among big banks to partner with specialist asset managers Published Thu, Sep 4, 2025 · 10:35 PM [NEW YORK] Citigroup said on Thursday (Sep…
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HSBC names Maggie Ng as Hong Kong CEO, predecessor to lead Hang Seng Bank
Published Thu, Sep 4, 2025 · 08:30 PM [HONG KONG] Asia-focused lender HSBC on Thursday (Sep 4) picked insider Maggie Ng as the chief executive of its Hong Kong arm,…
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Malaysia’s central bank holds key rate at 2.75%
Published Thu, Sep 4, 2025 · 03:21 PM [KUALA LUMPUR] Malaysia’s central bank held its benchmark interest rate steady at a review on Thursday (Sep 4), as widely expected by…
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Malaysia’s central bank pauses rate cuts, signals confidence in economic outlook
[KUALA LUMPUR] Bank Negara Malaysia left its benchmark interest rate unchanged at 2.75 per cent on Thursday (Sep 4), noting that the global economy is expanding but remains fragile. The…
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Bank Indonesia to raise interest paid on government deposits under ‘burden sharing’ deal
Published Thu, Sep 4, 2025 · 09:46 AM [JAKARTA] Indonesia’s central bank said it had agreed on a “burden sharing” arrangement with the government where it will raise the interest…
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Bangladesh Eyes End To Treasure Trove Bank Vault Mystery
For more than a century, the fate of the dazzling Darya-e-Noor diamond has been sealed inside a bank vault — a mystery that haunts Khawaja Naim Murad, great-grandson of the…
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Hyflux got only S$150 million bank loan for S$890 million project because of cash flow concerns
[SINGAPORE] Even after Hyflux won its bid for the S$890 million Tuaspring project in March 2011, it managed to secure only a S$150 million bank loan. This was because the…
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Indonesia’s central bank to share some bond coupon payments with government
[JAKARTA] Indonesia’s central bank has agreed on a “burden sharing” deal where it will give the government some bond coupon payments it receives to fund state programmes such as affordable…
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Indonesia’s central bank wants rupiah to trade around 16,300 a dollar
The rupiah hit its weakest since August 1 of 16,500 a dollar during intraday trade on Monday Published Tue, Sep 2, 2025 · 03:10 PM [JAKARTA] Indonesia’s central bank has…
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DBS’ plan to buy Alliance Bank stake is said to have stalled
[SINGAPORE] DBS Group Holdings’ plan to buy a stake in Alliance Bank Malaysia has stalled as Singapore’s biggest bank has yet to get regulatory approval to commence talks, according to…
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China-led bloc to set up development bank in win for Xi
[BEIJING] Chinese President Xi Jinping secured an agreement from partner countries to set up a new development bank, realising a longtime ambition in a display of Beijing’s growing influence. Members…
