Apex Group to act as transfer agent for strategies. Hamilton Lane has widened the reach of its private markets access by offering tokenized versions of the funds through Allfunds Blockchain. Apex Group will act as a transfer agent to allow the...
Lenders may turn more risk-averse and seek higher premia. Asia Pacific credit conditions are expected to be more volatile in 2025 due to uncertain trade and foreign policies by the incoming Trump presidency, reports S&P Global Ratings. Compounding obstacles could push...
The benchmark European rate is now 3%. The European Central Bank has cut rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new U.S....
Nearly 50% of firms are now using electronic bills of lading (eBLs) yet only a fifth of banks currently support them, according to a survey of companies involved in international trade. Moving from paper bills to electronic equivalents is a...
Macroeconomic tailwinds, which dealmakers had hoped for, did not happen as expected, says senior executive. The global mergers and acquisitions (M&A) market is set to end the year with a “middling” overall deal value of US$3.5 trillion, indicated projections by...
Their NPL ratio was lower than in March, but still higher than in September 2023. Major banks in Japan reported a combined profit attributable to owners of approximately $8.65b (JPY1.32t) in the first six months of fiscal year 2024, 40.29%...
The International Finance Corporation (IFC) has agreed to shoulder half the risk on up to US$1bn of HSBC’s trade assets, to help unlock lending in emerging markets. The assets will be originated by HSBC Asia and include exposures to issuing...
Despite growth, SWF direct investments in climate make up just 0.5% of global total. Sovereign wealth funds (SWFs) significantly increased their direct investments into the green transition through renewable energy and battery projects in 2023, but still comprise a tiny...
Italian export credit agency Sace has signed a US$6bn agreement with the African Development Bank (AfDB) to provide credit protection across a range of critical sectors including energy and infrastructure. The agreement, signed in Morocco last week, aims to establish...
Basel Committee issues new guidance on counterparty credit risk weaknesses. Global banking regulators issued new guidance that aims to address a long-standing industry vulnerability — counterparty credit risk management. The Basel Committee on Banking Supervision published new final guidance that replaces...
