Global financial messaging network Swift and more than 30 global banks announced on Monday (Sep 29) that they were now working “at pace” on making cross-border payments instantaneous and on a system capable of handling the various new forms...
HSBC Asset Management launched a private credit strategy designed to provide investors with access to opportunities in global trade finance. The new Trade and Working Capital Solutions strategy was developed in collaboration with HSBC’s Global Trade Solutions business, giving it...
Export finance is being reshaped, with untied solutions, critical mineral initiatives and blended structures moving to the fore. Bank of America’s Pat Gang, head of export and agency finance, shares how the bank is helping shape this transformation and...
New York retains lead but just a singular rating point separates two cities. New York and London retained their positions as first and second place for the global ranking of financial centres, according to the Global Financial Centres Index (GFCI). New...
APAC made up 13% of all transaction volumes, behind the EMEA and Americas. ING delivered its strongest half on record in the realm of sustainable finance, mobilising EUR68b (approximately US$78.75b) in the first six months of 2025. This is 19% higher...
Europe's biggest bank HSBC, opens new tab said that a trial use of quantum computers to aid bond trading had produced promising results, in a rare example of a major finance company finding early benefits from the emerging technology. HSBC...
Fnality, the international consortium of global banks focused on building a blockchain-based payment system to support the adoption of tokenised assets and marketplaces, has raised $136 million in a significant vote of confidence from backers. The Series C funding round...
The money will be used to support the roll-out of electric two-wheeler vehicles and battery-swapping infrastructure in Kenya. French sustainable investor Mirova has provided $10m of senior debt financing to ARC Ride, an electric mobility company in Kenya which operates...
Key concerns include opaque remuneration and fee structures, inconsistent valuation practices and unclear definition of key terms, among others, according to the report. Australia’s private credit sector must improve standards around valuations, governance and liquidity to align with global practices...
Qatar’s economy expanded by 1.9 percent in the second quarter of 2025, fueled by a 3.4 percent rise in non-hydrocarbon sectors, official data showed. The National Planning Council reported on Sept. 21 that real gross domestic product reached 181.8 billion...
