Business
Banks tout all-night US credit trades as election results come in
BANKS are gearing up for late-night US credit trades as results trickle in from presidential and legislative elections that could impact…
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Banks
Business
European banks’ commercial real estate exposures ‘visibly deteriorating,’ ECB finds
BANKS in the euro region have about 1.3 trillion euros (US$1.4 billion) in outstanding loans to commercial real estate investors and…
Business
German banks start to cut US office loan exposure that caused bond turmoil
German banks are cutting legacy US office loan exposure after concerns about commercial real estate (CRE) losses led to a plunge in bond…
Business
Europe: Stoxx 600 jumps 1% as banks lead market rebound, US election in focus
EUROPE’S main stock index notched its biggest one-day gain in five weeks on Friday (Nov 1), as banks led an overall market rebound after…
Business
Saudi Arabia’s PIF signs MoUs worth up to US$51 billion with Japanese banks
SAUDI Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has signed five Memorandums of Understanding (MoU) with Japanese…