Goldman Lampe Private Bank announces continuation of Monero Term Deposits despite crypto plunge in the recent weeks. As stated in the official note and on Goldman Lampe banks social media, the institution doesn’t plan to stop with XMR Term Deposits, despite enormous decrease in cryptocurrency value. Bank also declared that they won’t be suspending any […]
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INVESTMENT banks have ramped up projections for US interest rate rises following a hotter-than-expected inflation reading, with several now forecasting a 75-basis-point hike this week.
OCBC will continue to have an important role to play as an intermediary, even as new fintech and digital bank challengers emerge. Helen Wong, chief executive of the Singapore-listed bank, said OCBC is already harnessing technology to provide better service for its customers. As the Asian region grows, she sees opportunities for OCBC to grow […]
BANK of America is rolling out a new cash management tool to US-based clients, it said on Tuesday, in a bid to gain market share in the US$300 billion cash management business for multi-national corporations.
CHANDRA Mallika, a prominent figure in Singapore business circles, has been appointed chief country officer for Singapore by Deutsche Bank.
THE recent surge in emerging market (EM) sustainable bond volumes is likely to continue in the coming years despite near-term headwinds affecting certain markets, according to Moody’s ESG Solutions.
SUPER-RICH families looking to park some of their wealth in Singapore are unstopped by a more-stringent criteria to qualify for tax breaks, but may hit roadblocks on staffing and approvals.
Credit Suisse has issued a legal request to investors asking them to “destroy and permanently erase” documents relating to its clients’ private jets and yachts, as it looks to prevent leaks of its dealings with now-sanctioned Russian oligarchs, according to reports. Investors and hedge funds received letters from the bank this week urging them to […]
Western nations have moved to exclude Russian banks from the SWIFT global payments system, the harshest financial measure they have taken yet in response to Vladimir Putin’s order of a military invasion of Ukraine. Western nations ratcheted up economic and financial measures on Russia at the weekend, agreeing to cut certain Russian banks from the […]
Chief economists give their take on the Bank of England’s first back-to-back interest rate hike since 2004 and the start of winding down its pandemic bond buying programme, as the bank warned that inflation will peak at 7.25 per cent in April. The Bank of England’s monetary policy committee members raised interest rates by 0.25 […]