Regulator eyes scrutiny of asset manager stakes in US banks
A top US banking regulator is considering a plan to ensure asset management giants BlackRock, Vanguard and State Street stick…
Category: Banking
Bank credit increases again in March
After declining in the first two months of this year, credit of the banking industry in March increased by 0.26%…
‘Ailing US real estate not a concern for banks’
Local banks’ exposure to US property, including its ailing commercial real estate sector, is small as a share of the…
Loan growth for banks expected to be around 6% this year
PETALING JAYA: Analysts are projecting the banking sector to record loan growth of between 5.5% and 6% for this year,…
Mixed monetary indicators in February
PETALING JAYA: Malaysia’s monetary indicators were mixed in February, as loan growth hit a 16-month high amid slowing broad money…
New platform allows banks to exchange information
SINGAPORE: A centralised digital platform that enables banks to voluntarily share information with one another about suspicious customers is in…
CIMB earnings expected to rise
CIMB Group Holdings Bhd has the potential to post higher earnings, improve its return on equity and pay out higher…
Maybank to invest in customer empowerment
PETALING JAYA: Malayan Banking Bhd (Maybank) remains positive about its outlook for 2024, guided by its M25+ corporate strategy.
Central bank revises regulations on foreign currency transactions
The State Bank of Vietnam (SBV) has revised a circular regulating foreign currency transactions to make it more flexible and…