The Latest Breaking News on Financial Services

I am writing this article in Tokyo. Judging from my walks around the city during the past week, and despite the fact everyone is wearing face masks, it's like Covid has vanished. Subways and trains are jam-packed and shopping areas are full of people. However, the pandemic has left some…

A flurry of banks have passed on interest rate rises to borrowers after the Reserve Bank increased the cash rate by 0.25 percentage points on Tuesday.

Hong Kong and Chinese officials on Wednesday touted the city's connection to the world's second-largest economy as they looked to restore its reputation as a global financial hub after years of punishing COVID crackdowns.

Trans-Tasman bank's connection to a Myanmar corporation supporting the military junta draws criticism.

Four financial counsellors offer useful, practical tips — to help those of us struggling with the rising cost of living — to keep our heads above water.

Editorial: Interest rates the hammer and the nail

United Overseas Bank (Thai) or UOBT has set an ambitious goal to double its retail customer base in the Thai market over the next several years after an integration between UOB Group and Citigroup's consumer banking businesses.

Central bank in bid to reduce its emergency stimulus to the economy and fend off claims it has lost its independence

Fraudsters are doubling down on their efforts to access customers’ accounts

A tropic storm and absences of VIP guests are casting a shadow over a financial conference meant to help Hong Kong restore its image as a financial hub and destination for business travel

SINGAPORE: Citigroup said on Tuesday it had completed the sale of its Thailand and Malaysia retail banking businesses to Singapore's United Overseas Bank (UOB) in a transaction expected to result in a regulatory capital benefit of $1 billion.