Global services trade grows in Q2 despite Ukraine war: WTOMonday 27 June 2022
Passenger air transport index registers strongest gain, financial services lose momentum.
Financial sector outlook steady despite growing global gloomMonday 27 June 2022
Financial institutions well positioned to weather declining credit quality, Fitch says.
European banks ace U.S. Fed's stress test, show strong capital levelsMonday 27 June 2022
The U.S. units of major European lenders including Deutsche Bank, Barclays and Credit Suisse sailed through the Federal Reserve's annual "stress tests", showing they hold enough capital to weather an economic shock.
Banking body BIS urges decisive wave of global rate hikes to stem inflationMonday 27 June 2022
The world’s central bank umbrella body, the Bank for International Settlements (BIS), has called for interest rates to be raised “quickly and decisively” to prevent the surge in inflation turning into something even more problematic.
Investment banking fees in Singapore grow 3.3% to US$451.3m in H1: RefinitivMonday 27 June 2022
Investment banking activities in Singapore generated US$451.3 million in fees for the first half of the year, representing a 3.3 per cent increase compared to the same period year-ago, according to preliminary data from Refinitiv released on Friday (Jun 24).