Credit
UBS to shut thousands of smaller Credit Suisse accounts in Asia
UBS Group is planning to shut smaller-value Credit Suisse accounts numbering in the low thousands at its Asia-Pacific wealth management arm to exit relationships with poor returns, according to...
China’s property crisis pushes private credit to tech sectors
PRIVATE credit investors’ opportunities in China are shifting from the property market to technology sectors, including green-solution businesses, according to Bo Hu, head of private credit Asia at HSBC...
Apollo launches new private credit fund seeded by Mubadala
APOLLO Global Management has created a new private credit fund that will invest money from an affiliate of Mubadala Investment and other institutional investors for no fee during the...
UBS powers past US$100 billion one year after Credit Suisse shock
ON THE first anniversary of UBS Group’s historic takeover of its former rival Credit Suisse, it is becoming clear just how advantageous the deal has been for the bank....
Consortium led by Gear seeks private credit for mine deal: sources
A CONSORTIUM led by Golden Energy and Resources (Gear) is sounding out private credit funds and banks to gauge interest in financing its US$1.65 billion acquisition of a coal...
KKR says now a good time to lean into Asia’s credit markets
ASIA’S credit markets offer some of the best investment opportunities because of strong demand for financing, undervalued assets and high-quality issuers in the region, according to KKR & Co....
UBS ditches Credit Suisse plan to phase out coal financing
UBS Group is set to scrap a planned phaseout of coal financing that Credit Suisse had backed, as the global wealth manager prepares to unveil how the merged bank...
India tells banks to stop exclusive deals on credit cards
INDIA’S central bank told the nation’s lenders to stop entering into exclusive agreements with credit card networks, in a surprise move that may deal a blow to the world’s...
