Factbox-Five facts about China asset manager whose troubles fanned spillover fears
BEIJING/SHANGHAI A liquidity crisis at one of China's top asset managers Zhongzhi Enterprise Group has fuelled worries that
1970-01-01 08:00
Chinese asset manager eyes restructuring to ease liquidity crunch amid contagion fears
By Jason Xue and Clare Jim SHANGHAI/HONG KONG Faced with a liquidity crisis, Zhongzhi Enterprise Group will conduct
1970-01-01 08:00
Analysis-China trust deficit: crisis spurs shadow banking policy response calls
By Summer Zhen and Laura Matthews HONG KONG/NEW YORK Chinese fears of a spillover from missed payments on
1970-01-01 08:00
UBS rejigs investment bank in bid to better compete with Wall Street
LONDON UBS announced an overhaul of its investment banking division on Monday, including naming the unit's M&A chiefs,
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Exclusive-UBS nears major investment bank restructuring -sources
By Abigail Summerville, Milana Vinn and David Carnevali NEW YORK UBS Group AG is poised to make sweeping
1970-01-01 08:00
AIB makes a pre-tax profit of €987m
Its UK division, which includes its NI business, had a pre-tax profit of £119m, up £53m since 2022.
1970-01-01 08:00
Paris success in attracting London banks boosts balance of payments
PARIS France's post-Brexit success in attracting banks from London to Paris has exceeded expectations and is increasingly showing
1970-01-01 08:00
Investors cheer Wall Street's green shoots as bank executives stay cautious
By Tatiana Bautzer, Sinéad Carew and Saeed Azhar NEW YORK U.S. banking giants reported lackluster results for investment
1970-01-01 08:00
UK to work more closely with EU on financial services
The UK and EU pact is being seen as a step towards better relations over financial services.
1970-01-01 08:00
Israel watchdog seeks data from banks in interest rate probe
By Steven Scheer JERUSALEM Israel's competition watchdog sought more data on Sunday from the country's banks relating to
1970-01-01 08:00
Silicon Valley Bank: 500 jobs cut by new owner First Citizens
The move comes two months after SVB's collapse triggered fears of a banking crisis.
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JPMorgan commercial bank expands startup focus with new hires
By Nupur Anand and Lananh Nguyen NEW YORK JPMorgan Chase & Co is beefing up its commercial banking
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