Oil price surge upends emerging-market disinflation trade calgaryherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from calgaryherald.com Daily Mail and Mail on Sunday newspapers.
Citigroup analysts calculate that the tax is equivalent to about 19pc of banks’ net income in 2023 and approximately 3pc of their 2023 tangible book value.
It was responding to queries after an Angolan tycoon’s failed bid for $2.6m to be released from his S'pore bank account. Read more at straitstimes.com.