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BBVA has complete the first global corporate loan transaction using blockchain technology, just as a blockchain-based tool for syndicated lending backed by global banks goes live. -
The Singapore equity capital market was hit by some unpleasant news this week when a pair of IPOs were shelved in quick succession. The move drew mixed responses from bankers, with one saying it highlights the city’s dwindling appeal as a listings hub, and others promising a busy year ahead for equity raising. John Loh reports.
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The Single Resolution Board published a statement on Thursday in which it called on EU legislators to support its work in dealing with failing banks by harmonising the region’s various insolvency laws.
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Credit Suisse’s Asia Pacific unit reported first quarter results that were markedly better than last year as the bank’s struggling markets business turned around and cost cutting bore fruit.
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The Hong Kong Stock Exchange will start taking IPO applications from April 30 under its new regime to encourage technology listings.
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Three MBA students from Singapore Management University have won Morgan Stanley’s annual Sustainable Investing Challenge with a scheme that addresses one of the areas of sustainable financing that is least advanced: adaptation to climate change.
