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Business

US consumers seen boosting big banks’ profits

NEW YORK: Consumer lending is expected to propel profits for big US banks when they unveil fourth-quarter results this week, though stress in corporate lending and uneven capital markets may cast a shadow over results.

Corporate News

It’s the integrity that counts

Since the change in government on May 9,2018, the chief executives of 18 companies under Ministry of Finance Inc (MoF Inc) have been replaced with new candidates. Among the better known MoF-owned entities that saw changes are Khazanah Nasional Bhd, the Employees Provident Fund (EPF) and Kumpulan Wang Amanah Pencen (KWAPSince the change in government on May 9,2018, the chief executives of 18 companies under Ministry of Finance Inc (MoF Inc) have been replaced with new candidates. Among the better known MoF-owned entities that saw changes are Khazanah Nasional Bhd, the Employees Provident Fund (EPF) and Kumpulan Wang Amanah Pencen (KWAP