Credit
As money pours into private credit funds, will there be enough borrower demand?
ASIA’S rapid economic growth and recovering deals pipeline should keep private credit funds supplied with plenty of borrowers, industry players said, amid a growth in lending appetite. But not...
As money pours into private credit funds, will there be enough borrower demand?
ASIA’S rapid economic growth and recovering deals pipeline should keep private credit funds supplied with plenty of borrowers, industry players said, amid a growth in lending appetite. But not...
UBS reports first profit since taking over Credit Suisse
UBS reported a net income of US$1.8 billion for January to March, its first quarterly profit since it took over fallen rival Credit Suisse.The net income attributable to shareholders...
Credit Suisse China securities joint venture says staff down 46% in 2023
CREDIT Suisse’s securities brokerage joint venture in China said its staff numbers sank 46 per cent in 2023, a year the Swiss authorities arranged a takeover to keep the...
EV automakers get reprieve in US tax credit rules
THE US government gave automakers a reprieve on Friday (May 3) when finalising electric vehicle (EV) tax credit rules, by letting cars that contain Chinese graphite qualify for the...
Standard Chartered profit beats forecasts as income boost outweighs credit losses
STANDARD Chartered beat forecasts on Thursday (May 2) with a 5.5 per cent rise in its first-quarter pretax profit, as the income boost from higher interest rates and a...
Credit Suisse faces 50 billion won South Korea short-sale fine
CREDIT Suisse reportedly faces 50 billion won (S$49.4 million) in penalties over illegal short selling in South Korea, where authorities are due to give an update on their broader...
JPMorgan looks to fend off Goldman and other private credit for US$1 billion
JPMORGAN Chase & Co’s leveraged finance desk and Goldman Sachs Group’s private credit team are among the firms in discussions to lead a US$1.05 billion financing for metal and...
