Singtel said its wholly owned subsidiary Singtel Alpha Investments acquired 2.4 billion new shares issued by PT Bank Fama International
Lender has been operating in the Australian market since 1982, primarily focusing on structured finance activities in the infrastructure, real estate and energy sectors
Lender failed to consider whether the scenarios used to identify indicators of money laundering or terrorist financing covered relevant risks
Southeast Asia's biggest lender said customer logins and transaction activities have returned to normal pre-disruption levels since Thursday morning.
DBS denied speculation originating in Myanmar that the disruptions were somehow connected to the alleged sale of treasury bonds there
Cryptocurrency exchange rolls out programme that enables customers to receive annualised yield of up to 8.05%
China wants to show it can manage financial crises prudently without damaging fundamental trust in its governance or markets, says S&P Global.
One bank is said to be making provisions for non-payment of loan while others prepare to roll over some of their near-term debt obligations
The Hang Seng Tech Index fell 1.9% and China Evergrande Group plunged almost 7.5% after warning first-half profits may fall as much as 39%.
US banking giant’s finance chief says a slowdown in institutional businesses and higher expenses would affect the group’s bottom line...
Chinese tech giant is keen to expand its IT infrastructure and cloud services in the finance industry by helping banks digitize...
Regulator voices concerns over bank’s “potential serious and ongoing non-compliance” with customer identification and other procedures National Australia Bank said...