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...Ergen, Dish and EchoStar did not respond to requests for comment....
...The three major Singaporean financial institutions — DBS, United Overseas Bank and Oversea-Chinese Banking Corporation — refer to Fed rates when setting those for their own loans....
...challenges in China “potentially affecting consumer sentiment and reducing spending on travel” will continue to fuel uncertainty in international flight recovery, said Jason Sum, an equity research analyst at DBS...
...The Monetary Authority of Singapore said on Wednesday that DBS, OCBC, Citibank Singapore and Swiss Life Singapore had been fined a total of S$3.8mn ($2.8mn)....
...Jason Sum, an equity research analyst at DBS, said there was “a lot of pent-up demand” to travel overseas, but intense competition and visa backlogs were delaying a rebound....
...DB has a decidedly less rosy view of the implications for banks’ clients, though....
...DBS has helped other banks improve fraud detection systems by using AI....
...How to respond is top of mind for Chee Kin Lam, chief legal and compliance officer at DBS, Singapore’s biggest bank....
...looks to have maybe been the biggest year yet for bulk-annuity insurance flow, and if LCP’s forecasts are right, there are many more record-breaking years to come: We’ve noted before that the PPF reckon DB...
...AGNC Investment Corp has $51.7bn, The Starwood Property Trust manages $28.3bn, Rithm Capital has $32bn, and the Blackstone Mortgage Trust another $26.8bn....
...Four case studies DBS Bank The 600-strong legal and compliance team at the south-east Asian bank has made a concerted effort to ensure its lawyers are fluent in using technology and data in their daily...
...Results: Earnings released today include chemical group Mitsubishi Corp, car manufacturer Honda Motors, food company Kikkoman and Singaporean bank DBS....
...Dish, now separated from EchoStar, has more than 11m customers and generated $15.5bn of revenue and a $1.8bn net profit in 2020....
...Alongside SoftBank, billionaire Charlie Ergen’s Hughes Network Systems, an original investor in OneWeb and a subsidiary of EchoStar, is also investing a further $50m as indicated last year when it took its...
...The merger would generate up to $790m in cash, including up to $240m from Aspirational Consumer Lifestyle Corp, the special purpose acquisition company launched in September by Ravi Thakran, former head...
...Second-quarter earnings at the biggest lenders, DBS, Oversea-Chinese Banking Corp and United Overseas Bank reflect this....
...Echostar’s informal offer was more than half in its own illiquid and sometimes volatile stock, brought more competition issues, and was discounted by directors as such....
...The FT’s Frankfurt banking correspondent Olaf Storbeck outlines four big challenges facing DB’s bosses: fixing its ailing investment bank; overhauling DB’s top team; reversing years of decline; cleaning...
...Profits at DBS, the Southeast Asian country’s largest lender, also beat analyst forecasts in the first quarter....
...US satellite company EchoStar has walked away from a bid for British rival Inmarsat minutes ahead of a deadline for it to make a formal offer....
...EchoStar’s mixture of cash and shares added up to just 532p per share....
...London-listed Inmarsat confirmed on Friday that it had held discussions with EchoStar about a potential deal, but it felt that the proposal “very significantly undervalued” the business....
...US satellite operator Echostar’s bid follows a similar logic. Like Eutelsat, EchoStar operates in the fixed-satellite sphere so it could benefit from a move into mobile....
...Jefferies, the investment bank, has suggested that EchoStar’s interest in Inmarsat is driven by the UK company’s spectrum holdings in the US....
...Echostar’s second proposal was to pay half the consideration in cash and the rest in shares....
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