Moody’s has predicted rapid growth in the private credit market in the year ahead, with expectations that the private credit sector will be worth $3tn by 2028. This growth will be driven by lower interest rates, declining default risk and...
The World Bank expects the world economy to expand 2.7% in 2025 and again in 2026. The global economy is growing steadily in the face of war, protectionist trade policies and high interest rates. It just isn’t growing fast enough...
Resilient household sector and low unemployment will support the sector. Australia and New Zealand are poised for a year of strong collateral performance and buoyant issuances, spelling a good 2025 for its structured finance sector. Performance is underpinned by a “mostly...
FlexGen Power Systems, LLC, a leading provider of energy storage solutions and software technology, announced that it has secured a revolving credit facility with J.P. Morgan. The $75 Million revolving credit facility is designed to support FlexGen's ambitious growth plans...
Brokerage firm Charles Schwab, opens new tab said that its profit rose 44% in the fourth quarter driven by a jump in asset management fees, sending its shares up more than 6% in premarket trading. The results are the first...
Up to a US$17t annual funding gap exists. Sustainable lending becoming the ‘norm’ will mark the time when financial institutions (FIs) true transition to the net zero path is realized. “The true transition is realized when sustainable lending becomes ‘business as...
Outstanding renminbi loans grew, but foreign currency loans dropped. Outstanding renminbi (RMB) and foreign currency loans in China rose 7.2% year-on-year (YoY) to $35.49t (RMB259.58t) as of the end-December 2024, according to data from the People’s Bank of China (PBOC). RMB...
Key driver was the borrowing activity by commodities firms, which accounted for US$18.4b or 23% of the total loan volume Singapore emerged as a bright spot in the Asia Pacific syndicated loan market in 2024, achieving a 48.9% YoY increase...
Offshore loans for Chinese corporates drove Hong Kong’s loan volume, totalling to US$66.7b or a 19.5% increase compared to 2023. Hong Kong emerged as the leader in the Asia Pacific (ex-Japan) syndicated loan market in 2024, achieving a total loan...
The Hong Kong Monetary Authority (HKMA) has announced the imminent launch of a Rmb100bn (US$13.64bn) trade finance liquidity facility to support Hong Kong banks’ trade finance offerings to corporate clients. The HKMA says that the facility will be “a stable...
