The property crisis and policy measures will continue to pressure the bank’s revenue throughout 2024, said CMB’s board members during a press conference.
Paul Moody, managing director, global partnerships & client solutions, at the global professional body, told FA that demand in the SAR for green finance is a gateway into mainland China, and shared his thoughts on COP28.
The Chinese internet giant’s recent ride hasn't been easy amid geopolitical tensions, a gloomy domestic economy and the high cost of capital. FA spoke to analysts and economists to assess the firm's outlook, as Alibaba drives its break-up strategy.
Interest in transition finance is growing, however, despite some countries, including Japan, taking a lead, such vehicles face many challenges, such as low comparability and tech uncertainty.
The global alternative asset manager and stockbroker have initially contributed $50m each, and are aiming the fund at mid-sized corporates across Asia Pacific.
With the world’s most famous cryptocurrency now more accessible, it is attracting a 'ripple effect' among investors in the SAR, but asset managers will need to adapt as further questions are raised about Bitcoin's future.
On International Women's Day, the bank's co-head of Sustainable Banking Group for Asia Pacific, discussed diversity, inclusion, carbon emissions and green regulations.
In an exclusive interaction, UOB’s head of group investment banking, Edmund Leong provides deeper insights into the bank’s approaches on M&A, trends in fixed income, sustainability, and the Singapore bond market.