BlackRock, IFM close in on USD 25 billion Stack Infrastructure Asia data centre deal
A consortium backed by BlackRock and IFM has reportedly entered exclusive talks...
Category Banking and Finance
Financing of historic AI buildout in US raises ‘systemic risks,’ says research
As per academician Stijn Van Nieuwerburgh, the cash buildout has transformed into...
SoftBank raises USD 11.1 billion in record high-yield corporate bond sale
SoftBank's latest funding follows a one trillion yen (USD 6.3 billion) bond...
Global energy crisis to result in near 70% rise in biofuel output by 2030, says study
As per the estimates of Chatham House and the Forest Stewardship Council...
GBO
Magazine
ICP: Advancing Saudi Arabia’s industrial edgeSince its launch, the ICP has begun delivering tangible results across the industrial sector...
Big blow for UBS as Swiss upper house backs 90% CET1 capital plan
UBS CEO Sergio Ermotti and Chairman Colm Kelleher opposed the move, stating...
UBS CEO Ermotti rejects 90% CET1 proposal as ‘no real compromise’ ahead of Swiss vote
The UBS CEO has been aggressively supporting a compromise proposal that would...
QIA, JP Morgan announce partnership as wealth fund eyes overseas expansion
The strategic partnership will include a USD 15 billion public equities mandate,...
Nobel laureate Michael Kremer joins World Bank as Group Chief Economist
With a PhD in Economics from Harvard University, Kremer currently serves as...
UBS capital rules: Swiss Parliament’s upper house postpones voting
While the upper house was expected to vote on Thursday on the...
VIB launches Junior Banking: Supporting children on their first financial journey
A child's journey to understanding money and developing personal financial management skills...