Global banking regulators agreed to intensify efforts to better understand the financial risks posed by climate change amid pushback from the United States. The oversight body of the world's forum for banking regulators met to take stock of the committee's...
Sustainability-focused funds in Europe have surpassed €6 trillion in assets, according to law firm Maples Group’s Sustainable Finance Disclosure Regulation (SFDR) impact analysis, revealing a 24% rise in such funds across Ireland and Luxembourg in 2024. The report has highlighted...
BlackRock CEO, opens new tab Larry Fink says tens of trillions of dollars of financial firepower is sitting idle in cash amid trade war worries and uncertainty over the United States economy, whose deficits are beginning to spook investors. "There...
MT Finance Group has agreed an increase of £1bn to its financing agreement with JP Morgan bringing the total size of the forward flow to £2.5bn. The initial agreement was set up in July 2022 to support the launch of...
Bain Capital is in advanced negotiations to acquire a majority stake in PCI Pharma Services in a potential $10bn deal. The acquisition would represent one of the largest private equity transactions of 2025 and mark a major expansion for Bain...
MSP Capital has agreed a funding facility of £350m via investment partners, J.P. Morgan and Pollen Street Capital. Designed to support the property finance specialists growth in the development and bridging finance markets, this facility will enable MSP Capital to...
Interim dividend is 60 cents per ordinary share. DBS Group reported a net profit of S$2.9b (nearly US$2.24b) for Q1 2025, down 2% year-on-year, on higher tax expenses. Compared to Q4 2024, net profit was 10% higher. The Singapore-headquartered bank blamed...
The Bank of England (BoE) has announced a 0.25% cut to interest rates to bring the central bank’s base rate down to 4.25%. The latest move is the fourth cut to the base rate since the BoE started to bring...
Earnings per share is S$1.68 for the quarter. Oversea-Chinese Banking Corporation (OCBC) reported a net profit of S$1.88b for Q1 2025, 5% lower than in Q1 2024, its latest performance highlights report showed. Compared to Q4 2024, the Singapore-headquartered bank’s net...
Net operating income rose 1.4%, and net interest income is 0.6% higher. National Australia Bank (NAB) reported a net profit of USD 2.184b for the H1 2025 period that ended in March 2025, a 2.5% decline compared to the same...
