citigroup

Banking cull continues as profits rise

Off-balance sheet income is driving global banks’ Q3 earnings, a McKinsey report has found, but to sustain growth momentum, Asia’s institutions will need to overhaul inefficiencies.
October 24, 2023

Globalwafers seals GDR sale amid volatility

Taiwanese silicon wafer maker raises $469 million in island’s biggest GDR deal in nearly four years. It needs the cash to help fund acquisition of SunEdison Semiconductor.
April 21, 2017