Diversification, strong financials underpin global asset managers: Fitch. Despite the weakening economic outlook and elevated market volatility, large global investment managers are well positioned to ride out these challenges, says Fitch Ratings. In a new report, the rating agency said global...
North Africa attracted record foreign direct investment inflows in 2024, as the UAE secured a major real estate deal in Egypt and invested in renewable energy and ports across their adjacent region. More than $51bn worth of headline FDI flowed...
VinFast, the Vietnamese electric vehicle (EV) manufacturer, has secured a $510 million debt investment from Deutsche Bank and Singapore-based SeaTown Holdings, marking a pivotal step in its quest to solidify its position as a major player in Asia's rapidly...
Final close for Coller Credit Opportunities II reflects rapid market development. Specialist secondaries manager Coller Capital has hit a record $6.8 billion final close forColler Credit Opportunities II (CCO II) – almost five times larger than the first fund in...
Britain's HSBC became the latest bank to leave the industry's climate coalition on Friday, following in the footsteps of major U.S. lenders as some governments' net zero ambitions cool. HSBC said while it recognised the role played by the Net-Zero...
The Export-Import Bank of the United States (US Exim) is being outmuscled by rival export credit agencies and must tackle stringent content rules and staffing constraints to bolster its competitiveness, according to banks and exporters. As revealed in US Exim’s...
Saving up for vacation and leisure overtook financial security as the top financial goal. Singapore has emerged as Asia’s preferred offshore wealth destination, according to a study by HSBC. The country emerged as affluent investors’ top choice in Asia to open...
Citi led the market with US$54m in fees, capturing a 12.5% share. Singapore’s investment banking sector recorded a strong first half in 2025, with total fees rising 38% YoY to US$432.2m, according to LSEG’s latest Investment Banking Review. Citi led the...
The bank is pressing on with expansion plans even as the nation faces a surge in the number of wealthy individuals leaving due to tax hikes. HSBC Holdings is ramping up growth plans for its UK wealth management operations as...
MaintainX more than doubled its valuation to $2.5 billion in its latest fundraising round, the equipment maintenance startup said on Wednesday, as startups that combine artificial intelligence with physical operations continue to attract investor interest. The company raised $150 million...
