News
Global services trade grows in Q2 despite Ukraine war: WTO
Monday 27 June 2022Passenger air transport index registers strongest gain, financial services lose momentum.
Financial sector outlook steady despite growing global gloom
Monday 27 June 2022Financial institutions well positioned to weather declining credit quality, Fitch says.
European banks ace U.S. Fed's stress test, show strong capital levels
Monday 27 June 2022The 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 inflation
Monday 27 June 2022The 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: Refinitiv
Monday 27 June 2022Investment 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).
