Firms strong enough to face down weak flows, growing margin pressure. Despite weak flows of new money and intensifying competitive pressure on their margins, the credit profiles of traditional investment managers remain solid, according to Fitch Ratings. In a new report,...
About 80% of global banking groups have stable rating outlooks. Global banks are projected to maintain stable ratings through 2025, aided by easing inflation that could relieve pressures on struggling sectors, particularly commercial real estate, said S&P Global Ratings. Whilst lower...
These firms are adopting hybrid models that combine digital tools with limited human assistance. Asia Pacific is witnessing a significant shift in personal financial assets as up to $700b in wealth could flow to digital wealth management platforms, or "Wealthtechs,"...
Mizuho will repurchase 50 million of its own shares worth 100 billion yen in a rare share buyback for the company. Mizuho Financial Group reported a 62 per cent jump in second-quarter net profit and lifted its annual guidance on...
ABN Amro reported a smaller-than-expected fall in third-quarter profit, driven by sustained improvement in net interest income (NII) and strong performance of fees, the Dutch lender said. ABN Amro, one of three dominant banks in the Netherlands, said net profit...
Private equity firms expect an increase in the number of transactions in 2025, with 84% of respondents to the survey expecting at least 5 to 10 transactions in 2025, according to a published Deutsche Numis survey of private equity...
China’s securities regulator has ratcheted up the frequency of interactions with global banks, intensifying what had been quarterly discussions to sometimes weekly or ad-hoc queries aimed at gathering perspectives on recent stimulus measures, according to sources familiar with the...
Australian mining company South32 has signed a subscription agreement to invest $29.16m in Canadian copper explorer American Eagle Gold, which is focused on the Nakinilerak (NAK) project in British Columbia. The investment will see South32 acquiring a 19.9% stake in...
esVolta, LP ("esVolta") announced the completion of a $110 million tax equity transaction with Greenprint Capital Management ("Greenprint") to finance the construction of the 300 MWh Hummingbird battery energy storage project in San Jose, California. Upon completion in 2025, the project will provide Pacific...
Global issuance still on track to meet US$950 billion full-year forecast. The global issuance of sustainable bonds slowed in the third quarter, leaving supply down marginally for the year, according to Moody’s Ratings. In a research note, the rating agency reported...
