Banking & Finance
Indonesia's 2025 GDP growth estimated at targeted 5.2%, finance minister says
Growth was estimated to have been quicker in Q4
Malaysia, Mexico most at risk from Japan carry unwind, HSBC says
Traders are on guard for increased volatility in markets ahead of an election on Feb 8
HSBC to shut Raffles Place branch amid deeper push into wealth management
The bank has three other wealth centres in the city-state, with one more to be added in February this year
Apollo took loss on zeroed out asset-backed loan deemed safe
The fallout from the e-commerce aggregator boom is still rippling through credit markets
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Mizuho adds HSBC, JPMorgan, Deutsche Bank hires in wave
The firm has also hired a former head of insurance for Europe, the Middle East and Africa at HSBC in Paris
Morgan Stanley wants more from MUFG ties to be top in Japan
The two banks’ partnership dates back to the height of the global financial crisis almost two decades ago
AI is changing banking jobs, forcing a rethink of skills: UOB’s innovation head
Lenders must ensure employees can adapt to technology in a ‘comfortable’ way, Lee Zhu Kuang says
Blackstone eyes more hiring in Asia to tap private market demand
The alternative asset manager sees huge potential from bringing private markets to individual investors
British banks to join European rivals in hiking profit targets: sources
In continental Europe, many banks have already lifted their profit goals, signalling confidence higher margins will last for years
Japan says in close coordination with US on forex as yen intervention risks mount
US participation in currency intervention is extremely rare
