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Newsroom · Banking & Credit

By Thomas Brannstrom

Covers banks, lenders, credit markets and the plumbing of the financial system.

136 published stories
Bank of America Shuffles Southeast Asia Dealmaking Team, Taps Insider Dominic Tan
Banking

Bank of America Shuffles Southeast Asia Dealmaking Team, Taps Insider Dominic Tan

Bank of America is reshuffling its Southeast Asia dealmaking team, tapping longtime insider Dominic Tan to lead the region's investment bank

Cathay Financial Faces Governance Questions After Family Clash and Fund Losses
Banking

Cathay Financial Faces Governance Questions After Family Clash and Fund Losses

Cathay Financial is under scrutiny after a founding-family member allegedly confronted a bank chairman at its Taipei HQ. An internal review

Jefferies' Record Deal Revenue Can't Mask 35% Asset Management Slump
Banking

Jefferies' Record Deal Revenue Can't Mask 35% Asset Management Slump

Jefferies' investment banking hit a record $1.21 billion, but asset management fees and returns plunged 35%, keeping profit under pressure.

Canada's Banking Regulator OSFI Cuts Capital Buffer, Easing Lending Conditions
Banking

Canada's Banking Regulator OSFI Cuts Capital Buffer, Easing Lending Conditions

Canada's banking regulator OSFI reduced the Domestic Stability Buffer to 3% from 3.5%, giving big banks more room to lend. Scotiabank estima