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Venture capital firm NXTP to target Brazil, Mexico tech startups with $98 mln fund

MEXICO CITY, Nov 28 (Reuters) – Latin American venture capital firm NXTP has raised $98 million for a fund targeting technology startups largely in Brazil and Mexico, it said on…

KKR raises $2.8 billion for second global impact fund

NEW YORK, Nov 5 (Reuters) – Private equity firm KKR & Co Inc (KKR.N) has completed raising money for its second global impact fund dedicated to investments that advance sustainability and social…

Why ESG Will Become A Top Priority Among Wealthy Investors 3

Northern Trust Names Head of Global Fund Services, Asia Pacific

SYDNEY, 8 August 2023–Northern Trust(Nasdaq: NTRS) has named Caroline Higgins as head of Global Fund Services (GFS), Asia Pacific, effective 1 October 2023. Higgins will be responsible for overseeing services…

Banks to Limit Carbon Accounting in Stock, Bond Sales: Reuters

(Yahoo! Finance) — Banks working on global carbon accounting standards for the finance industry seek to exclude most emissions related to stock and bond underwriting from their own footprint, Reuters…

Higher deposit caps for digital banks not likely to impact DBS, OCBC and UOB: Fitch Ratings

SINGAPORE – The raising of deposit caps for digital banks will likely not impact the profitability of Singapore’s trio of local banks, said Fitch Ratings in a report. Digital bank GXS, which…

Big companies toughen banking partner screening after crisis, survey shows

NEW YORK, July 13 (Reuters) – Large companies are spreading out their counterparty risk and increasing screening of their banking partners in response to the recent banking crisis that has…

OCBC to deliver $2.2 bln extra revenue by 2025

HONG KONG (Reuters) – Singapore’s second-biggest lender Oversea-Chinese Banking Corp (OCBC.SI) (OCBC) said on Monday it expects to deliver an additional revenue of S$3 billion ($2.22 billion) by 2025, after it posted a…

Singapore’s star banker Piyush Gupta creates succession dilemma for DBS

The Business Times – FOR more than 13 years, Piyush Gupta has led one of Singapore’s most iconic institutions, the bank that helped turn the South-east Asian city-state into one…

Credit Agricole offers fixed-term savings in Italy in bid to win clients

MILAN (Reuters) – The Italian arm of France’s Credit Agricole (CAGR.PA) has started offering fixed-term savings accounts to win new customers in its biggest foreign market, at a time when competition…

ECB calls on lenders to manage growing risk from shadow banks

FRANKFURT (Reuters) – Shadow banks are growing quickly across the euro zone and represent a growing risk to the entire financial system, requiring lenders to be more stringent when dealing…

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