OCBC +2.79%’s net profit was flat for its third quarter, supported by higher non-interest income and lower allowances, it said on Friday (Nov 7). Net profit for the three months ended Sep 30, 2025, stood at S$1.98 billion. The earnings beat...
Private credit is becoming increasingly attractive to investors, with nearly half now actively considering allocating capital to the asset class, according to Barclays. The UK bank’s second annual private markets report revealed that interest in alternatives overall continues to grow....
The Philippine economy grew by 4.0 per cent in the third quarter from a year earlier, official data showed on Friday, following a 5.5 per cent expansion in the previous period. Economists in a Reuters poll had forecast growth of...
HSBC on Thursday issued a set of new, softer near-term climate targets for sectors such as oil and gas in response to the slow pace of change in the real economy. The end-decade targets follow a review announced earlier this...
BlackRock has launched a global securitised fund, designed to provide investors with diversified exposure to global, investment grade (IG) securitised assets. The new fund will invest across a broad universe of securitised assets, including Residential Mortgage Securities (RMBS), Asset-Backed Securities...
Clearstream is to offer clients a choice between digital and tokenized issuance of securities with the launch of a blockchain-based system operating over Google Cloud. The new platform, D7 DLT will be first rolled out into the international market and...
The group attributed this to the impact of the global minimum tax. DBS’ net profit slipped 2% year on year to $2.95b during the nine months ended September 2025, according to its press release. The group said it was due to...
This was due to net interest income declining 8% year on year to $2.3b. UOB’s net profit sank 67% quarter on quarter and 16% year on year to $443m in the third quarter, its latest financial statement showed. This was due...
A fresh group of banks from Africa, Asia and Europe has endorsed the International Chamber of Commerce’s (ICC) definition of green trade finance, signalling ongoing interest in ESG financing despite cooling political sentiment. BNP Paribas, Intesa Sanpaolo, Natixis, Rabobank,...
Bill Winters, the chief executive of UK bank Standard Chartered, has stated that nearly all transactions will be settled on the blockchain, eventually. Winters was speaking at an event during Hong Kong Fintech Week. In addition to his views on blockchain,...
