Banking & Finance
Nomura hires FX traders in Asia on bet high volatility to drive demand
The firm’s latest recruitment drive builds on the turnaround in its markets business in recent years
Asian banks pause Gulf lending drive on mounting risks from war
Some banks from Japan, Greater China and Singapore are also reviewing their pipelines and existing exposures
MUFG, State Bank of India sign pact to boost cross border deals
In addition to mergers, the partnership will focus on sectors including aviation and real estate finance
Allianz, Sun Life are said to weigh bids for HSBC Life Singapore
Considerations are ongoing and the companies might decide not to proceed, while other bidders could also emerge, according to sources
STRAIGHT TO YOUR INBOX
Start and end each day with the latest news stories and analyses.
US dollar hovers near 2026 highs as oil’s rise spurs hawkish central bank bets
Oil prices are expected to remain volatile
PayPay, SoftBank raise US$879.8 million in payments firm’s US IPO
As at December, the number of digital payment users exceeds 72 million in a country of roughly 123 million
Revolut gets full UK banking licence after years-long wait
The London-based financial services firm will now take on Britain’s incumbent banks
JPMorgan says hedge funds hit by worst drawdown since April
HEDGE funds are experiencing the biggest drawdown since the Liberation Day tariff turmoil, as unwinds in crowded trades punish the fast-money cohort, according to JPMorgan Chase & Co. strategists.
Private credit exodus forces caps at Cliffwater, Morgan Stanley
Private credit funds focused on retail investors are typically required to offer quarterly repurchases of their shares
Citi, StanChart evacuate Dubai offices, HSBC closes Qatar branches as fears grow
The moves come after Iran threatened to target US and Israeli banks in the Gulf region
