Banks may soon see their capital positions improve. The central bank proposes to remove the Investment Fluctuation Reserve. This move could help lenders recover losses on bond investments. Accumulated reserves might transfer to core capital. This could boost lending capacity for banks. The proposal is open for public comment.
New fund offers: 1 mutual fund and 1 SIF to open for subscription this week. Check details
One mutual fund and one specialised investment fund (SIF) will open for subscription this week, offering investors exposure to passive and hybrid long-short strategies. HSBC