Green bonds in Hong Kong – a deep dive Hong Kong just launched a fresh batch of green bonds worth around HK$15 billion (roughly US$1.9 billion).
Chinese shadow bank Zhongzhi plans debt restructuring Zhongzhi is a big player in China’s US$2.9 trillion trust industry, which involves different forms of commercial and investment banking, private equity and wealth management.
China’s central bank makes the largest interest rate cut since 2020 The world's eyes are on China's economic situation, which is working on recovering since pivoting away from the zero-COVID policy stance.
Global wealth worldwide falls for the first time since The Great Recession in 2008 According to a recent report from Credit Suisse, the total money owned by households around the world went down last year for the first time since the crisis in 2008.
World Bank will stop loaning to Uganda because of its new anti-LGBTQ laws The World Bank has been a major financial supporter of the East African country of Uganda.
UBS and Credit Suisse investment banking division will reportedly undergo restructuring UBS is about to shake things up even more in its investment banking division as soon as this week. This will include some Credit Suisse bankers taking on bigger roles and others leaving.
Forex manipulation opt-out class action lawsuit is given the green light in London Forex, short for foreign exchange trading, is when people trade different currencies to profit from their changing values.