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3 hours ago · As a recap, Singapore banks posted record profits in FY23, supported by the increase in net interest income. Net interest income rose 25% for DBS in FY23 to S$13.6b. Similarly, UOB enjoyed a 16% surge in net interest income in FY23 to S$9.7b. Both sets of improved results were largely driven by the increase in NIM.
4 hours ago · UBS Chair Colm Kelleher warned on Sunday that the Swiss government's plans to strengthen capital requirements for big banks could damage the country's position as a financial centre.
3 hours ago · Banks' total household loans stood at 729.49 trillion won as of Sept. 26, up from 725.36 trillion won at the end of-August. The Bank of Korea (BOK) has cited rising household debts as a major factor for its rate decision. Last month, the central bank held its key interest rate steady at 3.5 percent, which was the highest level in about 16 years ...
3 hours ago · As Hurricane Helene nears landfall in Florida's Big Bend region Thursday night, it strengthened into a Category 4 storm with 130 mph winds. As of 6:20 p.m. ET, the hurricane was located 120 miles ...
3 hours ago · Shares in Australia’s banks took a tumble last week, with several falling in value for five consecutive days. However, many of our weekly Share Tips specialists still see the nation’s biggest ...
3 hours ago · NEW YORK — Outgoing Schools Chancellor David Banks and his decade-plus partner First Deputy Mayor Sheena Wright plan to finally tie the knot this weekend, as a federal corruption probe ensnares the Banks family, three sources familiar with their nuptial plans tell The New York Daily News. The wedding ceremony between two of Mayor Eric Adams’ top aides, on Martha’s Vineyard, was ...
15 hours ago · AU Small Finance Bank FD rate AU Small Finance Bank is offering a 7.25% interest rate on its FDs maturing in one year. Disclaimer: While deposits in small finance banks are insured by the Deposit Insurance Credit Guarantee Corporation (DICGC) up to Rs 5 lakh, experts advise investors to exercise caution when investing in their FDs.
