Standard Chartered and OKX have launched a collateral mirroring programme. The companies say that the new programme will allow institutions to utilise cryptocurrencies and tokenised money market funds as off-exchange collateral for trading. The initiative also aims to enhance security and...
Financial institutions (FIs) worldwide are attempting to decarbonise, but are still reluctant to reduce their fossil fuel investments, according to a new report by South Pole, which surveyed sustainability executives from 350 financial sector firms across 13 countries. Despite existing...
Globally the chemicals, auto and tech sectors are exposed to trade disruptions. The fallout from the U.S. trade war will put pressure on corporate revenues and profits, raising credit risks too, particularly for companies with higher leverage, Fitch Ratings says. In...
Clearstream has launched an enhanced version of its Asset Liability Analyser, a platform designed to ensure a clear view of credit and collateral usage. Clearstream says that the updated version will now display a breakdown of failed settlement instructions, ensuring...
Kashiv BioSciences, LLC, a fully integrated biopharmaceutical company, today announced that it has entered into a senior secured credit agreement with GoldenTree Asset Management as the sole lender. The $150 million credit facility supports Kashiv BioSciences in advancing its world-class...
Global IPO markets in the first quarter of 2025 have experienced profound uncertainty, shaped by significant geopolitical shifts and the rise of disruptive artificial intelligence (AI) models. A total of 291 IPOs raised US$29.3b globally, maintaining steady volume compared with...
The ultra-rich have started looking at small and mid-sized companies. Indian investors including private creditors are increasingly taking a chance on startups despite global headwinds, betting that they could become the next unicorn or future large cap. An "entrepreneurship culture” has...
Margins and income improved in H2 2024 compared to H1. Four banks in Hong Kong— Bank of East Asia (BEA), Dah Sing Bank, China CITIC Bank International, and Naynang Commercial Bank— saw a better H2 2024 on the back of...
China and Thailand will feel the most pressure, especially Chinese banks’ margins. Top emerging market (EM) banks in the Asia Pacific (APAC) region are expected to enjoy double digit average credit growth thanks to “generally sound economic prospects,” according to...
Banks’ nonperforming assets are expected to peak at 5.9% in 2026. Banks in China are about to see nonperforming assets (NPA) rise on tariff-related strains from micro and small enterprises (MSEs) and unsecured consumer credit. Commercial banks' NPA ratio is expected...
