DBS Q3 profit surges 32% to record $2.24bFriday 04 November 2022
Its total income grew 28% to $4.54b.
Fed delivers another steep rate hike with more to comeFriday 04 November 2022
The Federal Reserve delivered another steep interest rate increase, as expected, with its move to cool red-hot inflation taking on more weight amid the political maelstrom of key US midterm elections.
Global banks test DeFi protocols for FX and Government bond transactionsFriday 04 November 2022
DBS Bank, JPMorgan and SBI Digital Asset Holdings have completed the first pilot transactions on Project Guardian, a Monetary Authority of Singapore-inspired initiative that explores potential decentralised finance (DeFi) applications in wholesale funding markets.
UOB’s net profit soars 34% YoY in Q3Friday 04 November 2022
The increase was driven by strong net interest income amongst others.
ANZ Bank beats profit estimatesFriday 04 November 2022
Australia & New Zealand Banking Group reaped the rewards from a pick up in business lending and an increase in momentum for home loans, helping it to top analyst profit estimates.