Global banking

Global banks drive India asset-backed securities sales to record

Shadow banking includes money market and hedge funds, private credit firms, pension funds and insurers, among others.

‘Shadow banking’ growing at double the rate of traditional lenders, FSB says

Banks in the US, Britain and Europe have been pushing for the ability to take more risks, aimed at ensuring they maintain adequate capital levels, are now hindering growth.

Global accounting body IASB consults on new model for assessing bank risks

The move is expected to strengthen China's capability to fend off risks and spur lending to better support the domestic economy.

China to sell special sovereign bonds to boost bank capital

The IEA estimates that the world needs to invest about US$4 trillion annually by 2030 to generate the levels of clean energy required to achieve the necessary reductions in emissions.

Global banks are nowhere near reaching their CO2 targets

We take a look back at some of the major events that took place in 2023.

Year in review: Major headline-grabbing events of 2023

In his new role at HSBC, Gilbert Ng is responsible for driving its global banking strategy and franchise growth.

HSBC appoints ex-Citi banker as new Singapore head of global banking

David Solomon says the firm’s goal is to attain mid-teen percentage returns for its global banking and markets business in the medium-term, and project strong margins for its asset and wealth management business.

Goldman Sachs CEO says firm to raise ninth private equity fund

A slump in mergers and acquisitions and the collapse of Credit Suisse have sparked an epic turnover of senior managers across the industry spanning trading and advisory services.

The great M&A slump is shaking up giants of investment banking

UBS may be richer following its acquisition of Credit Suisse, but large mega-banks are more prone to operational risks.

Banks need to speak the same digital language