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.
Greg Becker, the chief executive officer of Silicon Valley Bank, made a personal profit of $3.37 million in January, after converting SIVB options and selling stock.
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.
Respected macro analyst Andreas Steno Larsen has turned China bull, outlining the case for Chinese stocks and the Chinese economy to "rebound like crazy" in the coming months.