Global trade is expected to grow about 7% in 2025, adding $2.2 trillion and setting a new record with East Asia, Africa and South–South trade the strongest drivers of global gains, according to UN Trade and Development (UNCTAD). Manufacturing-especially electronics-remains...
Debt up by $26.4T in first 3 quarters of year, largely fueled by government borrowing, says Institute of International Finance. Global debt rose to a record high of nearly $346 trillion in the third quarter of this year, driven largely...
Global thematic assets reached a three year high of $779 billion in Q3 2025, though still 15% below their 2021 peak, according to Morningstar’s data. Europe accounted for 44% of global assets in the thematic funds market as of September...
The central bank lowered its key interest rate by one percentage point this year. The Bank of Canada has halted its downward push on interest rates. The central bank held its key rate on Wednesday, with economists expecting it to remain...
The Fed may hold off on cutting rates, at least in January: Powell. The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signalled that it may leave rates unchanged in the coming...
The Bank of England has begun a system-wide stress test of the $16tn private equity and private credit industries to assess how the sector would respond to a severe financial shock, marking the central bank’s most ambitious review of...
Its Canadian wealth management revenue was up 18% in the quarter from a year earlier. CIBC reported a rise in fourth-quarter profit that beat analyst expectations despite a slight increase in troubled loans in its Canadian division. The bank said it...
Momentum behind European unitranche deals held firm in the third quarter driven by the Benelux region, with debt funds maintaining their dominant position in the market, according to new data from investment bank Houlihan Lokey. The advisory firm’s latest MidCapMonitor...
Bain Capital has partnered with Sumitomo Mitsui Banking Corporation (SMBC) to launch a new European loan platform providing up to €1.5bn in senior secured credit to sponsor-backed firms across the continent. The firms will jointly govern the new vehicle, which...
BMO Financial Group raised its dividend as it reported a profit of $2.3 billion in the fourth quarter, boosted in part by a reduction in provisions for bad loans as it works to adjust its U.S. banking operations. The bank...
