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...
Hong Kong is expected to see even slower loan growth than other DM markets. The top developed market (DM) banks in Asia Pacific are expected to see modestly positive growth momentum, but headwinds will limit its loan growth. Hong Kong’s banks...
But ECM underwriting fees fell to its lowest since 2016 and syndicated lending fees declined. Investment banking fees generated in Singapore rose 18% year-on-year (YoY) to US$191m (approximately S$257.55m) during the first three months of 2025, according to data from...
The OECD warns of “disconnect” between corporate debt and investment since 2008. Borrowing by corporates has far exceeded their productive investments since the global financial crisis (GFC), according to an OECD analysis, highlighting the challenge to boost gross domestic product...
BMO tops RBC in debt underwriting, RBC still leads in equities. Canadian capital markets activity came in a bit weaker in the first quarter, with both debt and equity issuance declining, according to new data from LSEG Data & Analytics. In...
The risk of a US and global recession this year have risen to 60% from 40% earlier on the heels of President Donald Trump's sweeping reciprocal tariffs, Wall Street brokerage JPMorgan said. Trump imposed a 10% baseline tariff on all...
