AUM ascended higher, as it has in every year since the global financial crisis, to $7.6 trillion. Additionally, the deal-making momentum of 2021 continued through the first half of the year before falling dramatically in the second, weighed down by reduced credit availability and...
"This is the weakest growth profile since 2001 except for the global financial crisis and the acute phase of the COVID-19 pandemic and reflects significant slowdowns for the largest economies," the report noted. A contraction in real gross domestic product (GDP) lasting for at least two conse...
"This is the weakest growth profile since 2001 except for the global financial crisis and the acute phase of the COVID-19 pandemic and reflects significant slowdowns for the largest economies," the report noted.A contraction in real gross domestic product (GDP) lasting for at least two consecu...
The past two yearshave been the best for banking since before the global financial crisis (GFC) of 2007–09, with healthy profitability, capital, and liquidity. But even though banking is the single largest profit-generating sector in the world, the market is sk...
In 2023, the global financial landscape took a major hit as the Federal Reserve announced aggressive interest rate hikes, sending shockwaves through the global banking industry. This has led to the collapse of the Silicon Valley Bank, Signature Bank and First Republic Bank in the United States....
Why is a recession imminent in 2023? There are different causes of recessions. Nigeria faced a recession in 2016 because of a decline in oil revenues. The 2009 global financial crisis was caused by the US housing market bubble. However, the major cause of the coming predicted global recession...
Cover Story: China Plans Fiscal Overhaul to Fix Crisis in Local Government Finance Stock Investment Drives Growth in China’s Mutual Fund Sector In Depth: Higher Profits, Returns Mask Solvency Problems in China’s Insurance Sector China Expands AIC Equity Investment Pilot, Letting More Banks and In...
Photo/PexelsMore than 3.5 million people lost their “dollar millionaire” status last year during the first fall in global wealth since the 2008 financial crisis.去年超350万人失去了百万（美元）富翁身份，这是自2008年金融危机以来全球财富首次缩水。The number of adults with assets of more than $1...
While the negative ratings momentum has been more concerning for leveraged loans where the pace of downgrades has been the fastest during the post-Global Financial Crisis period (excluding the COVID-19 period), we retain a largely neutral stance between the two asset classes. We have also ...
A more disciplined approach to deals is expected in financial services M&A in 2023, with ESG, portfolio optimisation and digitalisation remaining strategic priorities.