Demand for big-ticket, syndicated letters of credit is soaring in the US, those involved in the transactions have said, as utility companies and power grid operators seek credit protection for huge power supply contracts inked with data centre developers. Banks...
The $1.29b transaction expands the bank's capital toolkit to support future lending growth. DBS Bank has completed Singapore's first synthetic securitisation transaction, referencing a US$1b diversified portfolio of corporate loans to strengthen its capital management capabilities. Through the structure, investors assume...
Basic income per common share increased to $2.89 from $1.45. Mizuho Financial Group (MHFG) has recorded a net income attributable to shareholders of $7.2b (JPY1,158,031m) for the financial year ended 31 March 2026, marking a significant increase from $3.7b (JPY593,393m)...
The Mexican government said its electricity expansion plan aims to add 32 GW of capacity by 2030, with 70% coming from renewable energy, and a projected investment of $42 billion. Mexico’s President Claudia Sheinbaum Pardo presented last week the country’s...
Assets under management (AuM) in the GCC grew by 10% in 2025, reaching $2.7 trillion and marking one of the strongest annual performances in over a decade, according to a new report from Boston Consulting Group (BCG). The findings, released...
War, oil shock weighing on credit conditions, but offsets cushion impact. The U.S.-Iran war and its impact on global energy markets have shaken global credit conditions — but the shock hasn’t wrecked global credit, says Fitch Ratings. In a new report,...
Sovereign wealth funds and central banks managing $29 trillion in assets are turning to energy assets, and raising concerns about the dollar, in a portfolio reassessment driven by unprecedented geopolitical shifts, according to an Invesco survey published on Monday. The...
Upward revision primarily reflects downward revision to imports, partly offset by downward revision to consumer spending. The US economy grew at an annual rate of 2.1% in the first quarter of 2026, revised up from the previous estimate of 1.6%,...
Finastra and Moody's say moving from transaction revenue to lending and relationship pricing is what closes the profitability gap. Digital-first banks now serve more than 1 billion customers globally, but their 5% share of retail banking revenue shows that user...
Digitalisation is no longer a peripheral issue in trade finance. It is central to the future of banks, SMEs, fintechs, factors and the wider trade ecosystem. For organisations such as FCI and its partners, the question is how to...
