Hong Kong's economy expanded 5.9% in the first quarter from a year earlier, the 13th consecutive quarter of growth and the strongest quarterly rate in nearly five years. The government projected GDP growth of between 2.5% and 3.5% for 2026...
Its dividend for the period is 83 cents per share. The Australia and New Zealand Banking Corporation (ANZ) announced a statutory profit of $2.63b (A$3.65b) for the six-month period ending 31 March 2026, a 0.22% year-on-year (YoY) increase compared to...
As much was delayed or lost in 2025 due to policy volatility, an ICC study estimated. Real business investment would have grown four times faster last year without surging policy uncertainty, according to an analysis of 10 major economies by...
Financial institutions across Europe, the Middle East and Africa are at risk of falling behind on new anti-money laundering (AML) requirements, with few expecting to meet the EU’s 2027 deadline, according to PwC’s research. One-third of EU financial institutions believe...
NatWest, opens new tab reported a 12% rise in first-quarter profit, as the bank grew lending income while taking a modest charge for potential losses from the impact of the Iran war even as it warned that Britain's economic...
EFG Hermes, an EFG Holding company and the leading investment bank in MENA, has announced that it has been appointed sole global coordinator and sole bookrunner for the planned initial public offering of Misr Life Insurance on the Egyptian...
Global wealth management invested assets fell by $85bn to $4.66tn. UBS net profit attributable to shareholders surged 80% year-on-year to $3.04bn in the first quarter of 2026, driven by gains across all core segments. The Swiss group’s revenues rose 13% to...
Retail assets under management rose 1.2% during the quarter, said Ping An. Ping An Bank saw its net profit rise to 3% year-on-year (YoY) to $2.12b (RMB14.52b) in Q1 2026, according to the latest financial results of its parent company...
Region closed 150 transactions placing third behind US and Europe. Asia’s funding deals in the financial technology (fintech) sector reached a total of $1.7b in the first quarter of 2026, the third largest share compared to other markets. It also closed...
Wealth management growth drove up fee income and treasury customer sales to new highs. DBS Group’s net profit inched up 1% year-on-year (YoY) to $2.29b (S$2.93b) in Q1 2026, according to the bank’s latest financial results. Compared to Q4 2025, net...
