Undertakings for the collective investment in transferable securities (Ucits) funds continued to see investor interest in February 2025, with net inflows climbing to €105 billion—up from €101 billion the previous month, according to the European Fund and Asset Management...
Global annual revenue from climate-adaptation solutions could grow from the present US$1 trillion to about US$4 trillion by 2050, assuming a base-case scenario in which global temperatures rise by 2.7 deg Celsius by 2100, according to a paper recently...
No.2 Australian mortgage lender Westpac's first-half profit missed expectations as loan spreads narrowed, and it warned that shifting global trade policies were rattling markets and tightening funding conditions. Westpac posted a 1% drop in its net profit for the six...
Shifting global trade relations have increased economic uncertainty with serious risks to growth, making it difficult for international banks to read the medium term outlook effectively, HSBC Chairman Mark Tucker said on Friday. Speaking at the bank's annual shareholder meeting...
The European Investment Fund doubled its private credit fund activity to €711m in 2024, as it sought to provide finance to small and medium-sized businesses that would otherwise struggle to access finance. The EIF’s annual report was formally adopted at...
Castlelake, L.P., a global alternative investment manager specializing in asset-based private credit, and fintech lender TradeBridge, today announced Castlelake has agreed to provide a new financing facility of up to £70m to TradeBridge. The financing is provided by Castlelake...
Digital business banking platform Tide has secured a £100m securitisation debt facility from investment manager Fasanara Capital, which the platform said will support its provision of credit to customers. Tide said that the facility will help the platform in offering...
The UK-headquartered lender said rising net income and lower volatility were more than outweighed by higher operating costs and a higher impairment charge. Lloyds Banking Group today reported statutory profit after tax of £1.1 billion ($1.46 billion) in the first...
KKR’s assets under management across credit and liquid strategies increased by nine per cent year-on-year to $283.6bn to the close of the first quarter of 2025. The firm said that this figure was composed of $129bn of leveraged credit, $74bn...
Standard Chartered reported first-quarter profit that beat estimates as the bank weighs the impact of US President Donald Trump’s trade war. Adjusted pretax profit for the quarter ended March hit US$2.3 billion, largely driven by the bank’s financial markets and...
