Failure has shown the Vietnamese central bank’s commitment to key lenders
The shift may significantly impact on Apac settlement cycles
Lenders are set to benefit from the Gulf state’s significant gas infrastructure expansion
Gulf country expands production capacity to fill Russia-sized hole in the market
Financing the highly connected and lucrative semiconductor industry
Closer alignment with the EU is set to boost economic prospects further
Paraguay’s economy and finance minister shares his vision for the country’s future
Plus: ‘Basel III endgame’ rules to undergo revision; and Fed rate cuts to impact Asean bank earnings
Plus: ECB staff complain of board’s ‘disrespectful’ approach to climate change, and more
Plus: Clean energy firms express concern over Basel III endgame rules, and more
Plus: Japan’s Nikkei 225 index sets another record high; Swiss central bank announces 2023 loss
Plus: Basel Committee agrees on core principles, and more
Plus: Swedish economy underperforms expectations; Morgan Stanley to open Abu Dhabi office, and more
Plus: Goldman CEO sceptical of US “soft landing”; Barclays to sell debt to Blackstone, and more
Plus: JPMorgan CEO downplays US real estate issues; Australian investment banks report wide gender pay gap, and more
Plus: Ant Group‘s bid for Credit Suisse’s Chinese securities business; Korea’s FSC targets shareholder-return-boosting reforms
Plus: top Goldman Sachs investment bankers threaten to quit; Raiffeisen Bank under investigation for AML failures
Plus: India eyes new KYC regulation after Paytm scandal; World Bank calls for faster growth in emerging economies, and more
Plus: China’s central bank slashes mortgage reference rate; South Korean companies’ real estate losses mount
Plus: Barclays announces operational overhaul; ANZ’s Suncorp acquisition given go-ahead, and more
Plus: Paytm Payments Bank given wind-down extension; JPMorgan’s $350mn fine, and more
Plus: JPMorgan and State Street pull out of Climate Action 100+; NatWest reports highest annual profit since 2007, and more
Plus: NatWest to appoint permanent CEO; Morgan Stanley plans job cuts, and more
Plus: UK inflation holds steady against expectations; Macquarie’s highest-paid banker steps down, and more
Plus: BoE notes ”upturn” in UK economy; bitcoin broaches $50,000; Barclays purchases Tesco Bank, and more
The overhaul of the tax system will likely translate into increased growth. Meanwhile, financial institutions will have to readjust to the new regulation which imposes a cap on interest rates for revolving credit card operations.