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Ten big banks settle US interest rate swaps rigging litigation
Reuters via Yahoo Singapore Finance· 7 days agoTen large banks including Bank of America, Goldman Sachs and JPMorgan Chase will pay $46 million to...
Hong Kong banks to reap rewards of high interest rates until late next year, KPMG says
South China Morning Post via Yahoo Singapore Finance· 1 day agoHong Kong's banks saw moderate growth to their balance sheets last year as the high interest rate...
Major mortgage lenders chopping rates as competition heats up
PA Media: Money via Yahoo Singapore Finance· 4 hours agoIt could bring some relief to borrowers scouring for a better deal, although in the higher interest...
Fed Chair Jerome Powell: US inflation is cooling again, though it isn't yet time to cut rates
Associated Press Finance via Yahoo Singapore Finance· 2 days agoAfter some persistently high inflation reports at the start of 2024, Powell said, the data for April...
BNP, UBS said to show Interest in HSBC’s German Wealth Unit, Bloomberg News reports
Reuters via Yahoo Singapore Finance· 2 hours agoIn a separate report by German newspaper Boersenzeitung, Dutch Bank ABN Amro was also said to be...
10 Best Savings Accounts in Singapore with the Highest Interest Rates (Jul 2024)
MoneySmart via Yahoo Singapore Finance· 2 days agoSavings accounts have a simple premise, but often come with complex mechanisms for you to earn bonus...
China's yuan, central bank performing well under stress, but US Fed rates adding to pressures
South China Morning Post via Yahoo Singapore Finance· 10 hours agoProlonged high interest rates in the United States could introduce uncertainty to the monetary policy outlook of emerging economies, the world's "bank for ...
Japan interest rates could rise to 0.5% by March 2025, says Mizuho Bank CEO
Reuters via Yahoo Singapore Finance· 2 days agoThe Bank of Japan (BOJ) could hike interest rates twice by the end of March 2025 to reach 0.5%,...
European shares advance on rate optimism; UK election in focus
Reuters via Yahoo Singapore Finance· 12 hours ago(Reuters) -European shares rose on Thursday amid optimism around U.S. interest rate cuts following...
ECB accounts show worries about stalling disinflation
Reuters via Yahoo Singapore Finance· 8 hours agoFRANKFURT (Reuters) -European Central Bank policymakers were mostly confident that inflation would...