Bloomberg Singapore’s central bankers are expected to signal a potential tightening of monetary policy next year, while holding steady for now, amid rising inflation risks from supply-chain disruptions and surging energy prices. The Monetary Authority of Singapore (MAS), which uses a currency band as its main tool rather than interest rates, will signal a more hawkish tone when it releases ...

Bloomberg The Reserve Bank of India (RBI) in an unprecedented move suspended an audit firm citing compliance failure related to a shadow lender, a sign the watchdog is doubling down on supervision of a still-fragile corner of the nation’s financial system. Haribhakti & Co. will be barred from auditing any regulated financial entity for two years starting April 1, 2022, ...

Bloomberg UBS Group AG Chief Executive Officer Ralph Hamers is creating a new bank-wide team to use more artificial intelligence (AI) and data analytics to drive the bank’s digitisation. The new team called AI, Data and Analytics, will be lead by the head of the investment bank Rob Karofsky and chief digital and information officer Mike Dargan, according to a ...