Culture
Thomson Medical secures S$225 million Islamic revolving credit facility
Thomson Medical Group has obtained a S$225 million Islamic revolving credit facility from Maybank in Singapore, the company said on…
Tag
credit
Culture
Nubank sees more credit growth as quality gauges hold up
Nu Holdings, Latin America’s biggest digital bank, reported a decline in credit quality that was roughly in line with analysts’…
Business
Ex-IDF chief Halevi slams Mossad chief: 'Takes credit for ops led by IDF'
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting…
Culture
Meta’s US$29 billion deal marks pivotal moment for private credit
The heavy hitters of private credit have been waiting for this moment for years. Major lenders, which often cater to companies with dented…
Culture
Blackstone makes first hire for Japan private credit origination
The Japanese market has become a vital source of money for private credit funds, as investors from high-net-worth individuals to insurers…
Culture
UBS pays US$300 million to settle Credit Suisse mortgage case
Group said it reached an agreement with the US Department of Justice to resolve a legacy Credit Suisse matter related to the former bank’s…
Culture
Barclays says credit liquidity premium gone as e-trading thrives
This premium has shrunk as electronic credit trading has boomed, bringing more liquidity to the market, according to the report The…
Culture
S&P downgrades SingPost’s credit rating to ‘BBB-’ on downscaling, subdued operating conditions
S&P Global Ratings on Friday (Jul 25) downgraded its long-term issuer credit rating on Singapore Post (SingPost) to “BBB-” from “BBB”, as…
Culture
Moody’s profit tops estimates in sign of credit market’s rebound
Moody’s adjusted earnings per share of US$3.56 topped analysts’ forecasts of US$3.38 Moody’s, a bond grader and financial data provider,…
Culture
UBS loses EU fight over Credit Suisse’s role in ‘Sterling Lads’, but fine cut sharply
The tribunal cut the amount of the fine from 83.2 million euros to 28.9 million euros Group lost the crux of its case against European…
Culture
Credit Suisse, UOB, UBS, Citi among 9 financial institutions penalised S$27 million for roles in S$3b money laundering case
Nine financial institutions (FIs) in Singapore have been penalised a total of S$27.5 million for anti-money laundering related breaches,…
Culture
Credit Suisse, UOB, UBS, Citi among 9 financial institutions penalised S$27.5 million for roles in S$3b money laundering case
Nine financial institutions (FIs) in Singapore have been penalised a total of S$27.5 million for anti-money laundering (AML) related…
News
Trump Takes Credit for Story About Elon Musk’s Ketamine Addiction
On Wednesday night, a Fox News guest falsely accused Kilmar Abrego Garcia, the Maryland resident who was wrongfully deported by the Trump…
Culture
US investors, Asia’s ultra-rich drive growth in Asia-Pacific private credit
A slight uptick in private-credit fundraising in Asia-Pacific (Apac) last year has given market players optimism for a positive 2025, even…
Culture
Atome to get US$75 million from Lending Ark as credit demand grows
As traditional credit markets in the US and Europe falter, private credit investors are turning their attention to emerging markets, drawn…
Culture
India bank frauds triple to 360 billion rupees as credit scams swell
The rise in cases underscores the challenges being faced by the banking regulator Bank frauds in India jumped threefold last year, with…
Culture
Private credit funds target billions in retail demand from Asia
From Singapore to Japan and Australia, fund managers in Asia are looking to unlock billions of US dollars for private credit from the last…
News
Credit Suisse Pays $510 Million Fine for Helping Clients Evade Taxes
The toll for misconduct at the fallen Swiss bank Credit Suisse just keeps getting bigger. Federal prosecutors said on Monday that UBS,…
News
Woman Pleads Guilty in Covid Tax Credit Scheme That Netted $33 Million
Some people binge-watched shows during the Covid pandemic. Others picked up pickleball. But according to federal prosecutors, one Las…
News
Why Transferring Credit Card Debt Won’t Pay It Off
Ms. Harris suggests that her clients try “Frugal February” — avoiding discretionary spending and impulse purchases, and putting the money…
Fashion
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…
Culture
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…
Fashion
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…
Fashion
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…