Credit
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Credit gauges in Asia show most concern since early pandemic
Credit-default swaps in Asia blew out the most since the worsening of the Covid-19 pandemic in 2020, as a rout in risk assets deepened following US President Donald Trump’s doubling…
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BlackRock’s head of Asia-Pacific private credit Celia Yan to leave firm
Her team has deployed over US$200 million in 2024, over US$1.8 billion historically and been able to generate a 16 per cent gross internal rate of return in the Asia-Pacific…
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StanChart boosts private credit presence with new hires in India
The bank has also appointed Ankit Dokania as director for the same team, and S Siddharth as executive director for private and traded credit [SINGAPORE] Standard Chartered (StanChart) is bolstering…
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Asia credit market heats up as issuers rush to beat tariff wave
Trump is planning a series of so-called reciprocal taxes, hitting countries that impose their own levies on US goods [CHICAGO] The countdown to US President Donald Trump’s next round of…
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Indonesia’s credit conundrum: Risks and opportunities in a fast-growing debt market
INDONESIA, South-east Asia’s largest economy, presents a paradox in its financial sector. Despite rapid economic growth and digital transformation, its credit system remains underdeveloped, leading to higher non-performing loan (NPL)…
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Indonesia’s credit conundrum: Risks and opportunities in a fast-growing debt market
INDONESIA, South-east Asia’s largest economy, presents a paradox in its financial sector. Despite rapid economic growth and digital transformation, its credit system remains underdeveloped, leading to higher non-performing loan (NPL)…
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Japan credit investors seek shield from M&A risks as deals boom
[TOKYO] Investors in Japanese corporate bonds are increasingly seeking protection against possible credit deterioration when an issuer becomes a takeover target. Change of Control covenants – which give bondholders certain…
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Delinquency Rates Rising on Credit Cars, Auto Loans
A collection of credit cards. FREDERIC J. BROWN/AFP via Getty Images A government report shows warning signs for consumers as household debt has increased and delinquency rates remain elevated for…
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Japan’s historic rate shift is turbo-charging the credit market
JAPAN’S corporate bond market is booming, as an economic rebound and plans to get ahead of higher interest rates encourage a flurry of issuance. Japanese companies have sold 14.7 trillion…
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Over 500 investors start claims process against Switzerland for Credit Suisse AT1 write-down
They are claiming losses amounting to about US$250 million, making it the the largest claim against the European country in treaty arbitration to date MORE than 500 investors have started…
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Over 500 investors, including 300 Singaporeans, kick off claim against Switzerland over Credit Suisse bond losses of over US$250 million
Drew & Napier is leading action by investors who saw their investments wiped out when CS AT1 bonds were written down as part of takeover by UBS MORE than 500…
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Credit Agricole reports 27% Q4 profit jump, aided by Amundi and trading
CREDIT Agricole, France’s second-biggest listed bank, blew past quarterly earnings forecasts on Wednesday (Feb 5) with a 27 per cent jump in profit, driven by insurance and asset management even…
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UBS has cut 10,000 jobs since Credit Suisse takeover in 2023
UBS Group has cut more than 10,000 roles since it bought Credit Suisse, marking a milestone in the lender’s efforts to integrate its former rival. Global headcount stood at 108,648…
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UBS Profit Beats Forecast As Credit Suisse Merger Nears End
Swiss banking giant UBS posted better-than-expected fourth quarter results on Tuesday and confidently predicted its mega-merger with Credit Suisse would be substantially wrapped up by the end of 2026 as…
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Singtel’s Optus secures A$1.95 billion in credit facility with 12 banks
SINGTEL’S Australian subsidiary, Optus, has inked a A$1.95 billion (S$1.64 billion) committed revolving credit facility with 12 banks to refinance its existing credit facilities, as well as for general corporate…