HSBC Exploring Move into Private Credit Market

April 14, 2025 BY Sam Boughedda

HSBC Exploring Move into Private Credit Market – Reuters

The bank has reportedly held early-stage discussions with several private credit firms to explore potential partnerships. Rather than launching a full-scale private credit operation, the report states that HSBC is considering a more measured approach, with some executives said to be expressing caution about the potential cost versus revenue benefits. One source told Reuters that…

January 20, 2025 BY Sam Boughedda

City of London Investment Group AUM Declines

The firm revealed its AUM fell by 2.9% to $9.9 billion, down from $10.2 billion at the end of June 2024. The decline was attributed to net investment outflows of $564 million, primarily driven by client rebalancing and asset allocation changes amid strong market returns. The Emerging Markets (EM) and International Equity strategies were said…

November 27, 2024 BY Sam Boughedda

Standard Chartered Explores Sale of Some Wealth & Retail Banking Businesses in Africa.

The move is designed to free up capital for increased investment in its affluent franchise, a key growth driver for the bank. The bank announced it is exploring the potential sale of its WRB businesses in Botswana, Uganda, and Zambia. The strategic decision aligns with its broader goal of accelerating income growth and returns, as outlined…

September 12, 2024 BY Sam Boughedda

Cboe Set to Launch New S&P 500 Variance Futures

The derivatives exchange said the new futures contracts, designed to hedge against and capitalise on US equity market volatility moves, aim to give investors a streamlined way to trade the spread between implied and realised volatility. They believe the futures will appeal to a wide range of market participants, such as volatility traders, hedge funds,…

September 11, 2024 BY Sam Boughedda

Virtu Financial Connects Triton Valor EMS to Tokyo Stock Exchange's CONNEQTOR

Triton Valor is a global, multi-asset EMS that enables traders to execute trades across various asset classes, including equities, ETFs, futures, options, FX, and fixed income. The system is designed to meet the needs of active traders and provides tools to assist them in achieving their trading objectives. CONNEQTOR was developed by the Tokyo Stock…

September 06, 2024 BY Sam Boughedda

Deutsche Bank Settles Long-Running Litigation with Effecten-Spiegel AG Over Postbank Takeover

The settlement brings to an end one of two cases before the Cologne Higher Regional Court. The settlement will see an additional payment of EUR 36.50 per share, including interest, on the original offer price. Effecten-Spiegel AG played a key role as the main plaintiff in the case, having pursued legal action since Deutsche Bank's…

September 02, 2024 BY Sam Boughedda

Danske Bank CFO Stephan Engels to Retire, Cecile Hillary to Take Up Role

Engels, who joined Danske Bank in April 2020, will resign from his position on March 1, 2025. In his statement, Engels expressed gratitude for the opportunity to have been part of Danske Bank and expressed confidence in the organisation's future. "I am confident that when the time comes next year, I will be able to…

July 22, 2024 BY Leaprate Staff

ATFX Executive Talks: Hormoz Faryar, Managing Director of Institutional Sales, ATFX MENA

Hi Hormoz, as the Managing Director of Institutional Sales in MENA, please tell us why you joined ATFX. Can you provide an overview of your role as the Managing Director at ATFX Connect, the institutional brand of ATFX group? Hormoz Faryar: "There are several reasons for joining ATFX, and most of them relate to…

June 12, 2024 BY Elizabeth Anderson

Property Inventory Clearance Unlikely To Help Chinese Developers

In May 2024, Beijing announced a proposal for a 300bn CNY credit facility that could trigger bank financing for state-owned enterprises (SOEs) to buy unsold homes. Based on a Reuters report, Chinese banks are expected to furnish reduced loans to SOEs through this facility supported by the People’s Bank of China (BOC). This will enable…

May 23, 2024 BY Elizabeth Anderson

Reserve Bank Of India Approves Record High Dividend To Government

The government’s provisional 2024/2025 budget reflected a dividend of 1.02tn INR. Based on CNBC data, the RBI transferred 874.16bn INR to the government for the 2023 fiscal year. Don’t miss out the latest news, subscribe to LeapRate’s newsletter Analysts speculate that the RBI earned higher interest on securities and this hiked its total income. This,…

Category: Institutional