If banks fail to adapt AI, global profit pools could fall by about $170b. Global banks earned record profits of about $1.2t in 2024 — the highest ever for any industry — but investors remain cautious, according to McKinsey’s Global...
Capital ratios strengthened as profit growth outpaced risk-weighted assets. The capital positions at the world’s biggest banks improved, while their leverage and liquidity metrics were stable, according to the latest review by the Basel Committee on Banking Supervision. On Thursday, the...
The $75m is set to provide fresh capital to MSMEs. Asialink Group of Companies becomes first Philippine non-bank financial institution to secure a syndicated term loan facility from Standard Chartered Bank after closing a $75m financing deal. “This reflects global investor...
Benchmark 1-week repo rate lowered from 40.5% to 39.5%. The Turkish Central Bank on Thursday lowered its policy rate by 100 basis points, matching market forecasts. The benchmark one-week repo rate was lowered from 40.5% to 39.5%. The bank said the underlying...
The global SRT market is set to expand 11% annually on average in the next two years. Two of Abu Dhabi’s biggest commercial banks are weighing a foray into the market for significant risk transfers as lenders across the United...
HSBC and Siemens have carried out the first fully digital, end-to-end indirect guarantee, marking a significant development in the ongoing digitalisation of trade finance in Europe. Completed jointly by Siemens, HSBC Germany and HSBC France, on behalf of Siemens Spain,...
The world’s largest pension fund, with €1.5trn in assets under management, is researching how best to implement its impact strategy, considering aspects such as impact measurement and monitoring. Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund with...
Blackstone reported total assets under management of $1.26tn at the end of Q3 2025, up 8% year-on-year, underscoring continued institutional demand for private markets exposure amid a mixed macroeconomic backdrop. The world’s largest alternative asset manager continued to attract strong...
DBS also noted growing focus on Singapore banks’ Hong Kong exposures. Singapore banks are expected to report another quarter of weaker earnings as net interest margins (NIMs) remain under pressure, according to DBS Insights Direct. Short-term Singapore dollar (SGD) rates have...
Financial firms dominate market for carbon allowances, regulator finds. Financial firms are driving activity on European carbon markets, which saw the price of carbon emissions decline, as the volume of allowances that were issued rose and trading activity increased, according...
