After benefiting from larger margins on rising interest rates in 2022, ratings agency S&P says Singapore banks are now facing higher funding costs and a lower loan appetite amid rising rates and inflation.
Silicon Valley Bank, a bank previously the 18th largest in the United States, is today the most talked about bank in the world, for all the wrong reasons. Here's 5 reason for the demise of America's 18th largest bank.
Just hours before it was revealed Silicon Valley Bank - the 18th largest bank in the U.S. - is on the brink of bankruptcy, one options trader executed a trade that would turn $4000 into just over $1.2 million. Here's how it happened.
EXCLUSIVE | Chinese nationals living abroad are growing concerned about long delays to access funds held in Chinese banks, while big investors are also lamenting intensifying capital flight restrictions.