Credit
Banks tout all-night US credit trades as election results come in
BANKS are gearing up for late-night US credit trades as results trickle in from presidential and legislative elections that could impact company profits.JPMorgan’s derivatives trading desk will be staffed...
Australian lender Westpac sees solid credit demand in 2025, posts 3% annual profit fall
AUSTRALIA’S Westpac Banking on Monday (Nov 4) reported a fall in annual profit, and said it expects solid demand for housing and business credit in 2025 as the country’s...
Temasek, Saudi Arabia’s PIF rated highest for credit metrics and liquidity by Moody’s
SINGAPORE’S Temasek Holdings and Saudi Arabia’s Public Investment Fund (PIF) have the strongest intrinsic credit quality, among the 11 government-owned investment holding companies (IHCs) it rated, said Moody’s Ratings...
Cocoa prices help Ivory Coast win credit upgrade from S&P
HIGHER prices for cocoa and rising exports helped Ivory Coast win a credit rating upgrade from S&P Global Ratings, which boosted the Western African nation a notch closer to...
Blackstone’s credit arm is now its top business, fuelling profits
BLACKSTONE posted an increase in third-quarter profit as its credit arm was boosted by an influx of investor cash and became its biggest business by assets.
Distributable earnings climbed 5.5...
Boeing enters US$10 billion credit agreement with banks amid crippling strike
BOEING said on Tuesday (Oct 15) it has entered a credit agreement worth US$10 billion with a consortium of banks, as the US planemaker readies financing sources amid a...
GM, Barclays sign long-term credit card partnership agreement
GENERAL Motors and Barclays said on Monday (Oct 14) they have signed a long-term credit card partnership agreement to let customers earn and redeem reward points on new Buicks,...
BlackRock is among suitors exploring purchase of credit firm HPS
BLACKROCK is among firms exploring a purchase of HPS Investment Partners, according to sources with knowledge of the matter, in a deal that would push the world’s biggest asset...
