The European Commission (EU) and the European Investment Bank has announced that €3.66 billion have been disbursed from the Modernisation Fund to support 34 energy related projects in nine EU Member States, reported WAM. These investments will support the modernisation...
As ETFs lure retail investors, private credit’s advantages could be in peril. As private credit investments become increasingly popular with retail investors, the asset class may lose the very features that make it appealing in the first place, a paper...
U.S. Bank has completed its first fully digital trade finance transaction, as financial institutions move away from paper-based processes in international trade. The Minneapolis-based bank is the first American lender to execute a transaction using WaveBL, a blockchain platform that...
Wall Street banks including JPMorgan Chase and UBS have begun pitching a $4.25bn debt financing package to investors to support private equity firm Sycamore Partners’ buyout of UK pharmacy chain Boots. The debt offering, split between term loans and secured...
Diversification, strong financials underpin global asset managers: Fitch. Despite the weakening economic outlook and elevated market volatility, large global investment managers are well positioned to ride out these challenges, says Fitch Ratings. In a new report, the rating agency said global...
North Africa attracted record foreign direct investment inflows in 2024, as the UAE secured a major real estate deal in Egypt and invested in renewable energy and ports across their adjacent region. More than $51bn worth of headline FDI flowed...
VinFast, the Vietnamese electric vehicle (EV) manufacturer, has secured a $510 million debt investment from Deutsche Bank and Singapore-based SeaTown Holdings, marking a pivotal step in its quest to solidify its position as a major player in Asia's rapidly...
Final close for Coller Credit Opportunities II reflects rapid market development. Specialist secondaries manager Coller Capital has hit a record $6.8 billion final close forColler Credit Opportunities II (CCO II) – almost five times larger than the first fund in...
Britain's HSBC became the latest bank to leave the industry's climate coalition on Friday, following in the footsteps of major U.S. lenders as some governments' net zero ambitions cool. HSBC said while it recognised the role played by the Net-Zero...
The Export-Import Bank of the United States (US Exim) is being outmuscled by rival export credit agencies and must tackle stringent content rules and staffing constraints to bolster its competitiveness, according to banks and exporters. As revealed in US Exim’s...
