Swift has completed a tokenized bond interoperability trial with SG-FORGE, BNP Paribas Securities Services, and Intesa Sanpaolo, demonstrating delivery versus payment settlement using both fiat currency and stablecoins. The latest trial also covered interest payments and redemption of the...
BlackRock posted a “historic” quarter as assets rose to $14tn supported by strong inflows across the business, including its alternatives platform. The world’s largest asset manager recorded a record $698bn of net inflows for the full year, including $342bn in...
Continuing their unique collaboration, GSBN, IQAX and ICE Digital Trade now enable cross-platform electronic bill of lading (eBL) transactions involving banks. New Golden Sea Shipping (a COSCO Group subsidiary), Lenzing (Thailand) Co., Ltd, HSBC Thailand, China Zheshang Bank (CZBank), and...
The moves signal targeted adjustments to bolster an economy hit by weak demand and imbalances. China’s central bank signalled it has room to further reduce interest rates and bank reserve requirements, while stepping up targeted support for the economy with...
Its sales and trading revenue rose 10% to US$4.5 billion in Q4. Bank of America’s profit rose, as its traders brought in more revenue from spurred client activity in the fourth quarter due to increased volatility in the markets. Softening US...
GlobalData said banks are entering 2026 with a more stable outlook. The combined market value of the world’s 25 biggest banks rose 35.8% year on year to $6.1t by the end of the fourth quarter on 31 December 2025 (Q4...
Private credit activity “remained strong” in 2025 boosted by high buyout activity and collateralised loan obligation (CLO) issuance, according to data from PitchBook. PitchBook’s LCD platform said last year saw a recovery in buyout activity, which helped lift volumes to...
Global sukuk issuance is projected to hover between $270 billion and $280 billion this year, up from $264.8 billion in 2025 and $234.9 billion in 2024, an analysis by S&P Global revealed. In its latest report, the firm said this...
For the full year 2025, BNY reported record revenue and profit. Adjusted profit applicable to BNY shareholders came in at $2.08 per share, compared with analysts' average estimate of $1.98, according to data compiled by LSEG. Shares of the oldest U.S....
Tokenisation is a fast-moving force changing how green projects are funded, verified, and owned. It is dismantling a system that kept sustainable finance confined to a select few. For years, small and medium-sized enterprises were locked out of green lending....
