Senior Bankers Travel
China’s top brokers downgrade senior bankers’ travel perks to cut costs: report
China’s top brokers downgrade senior bankers’ travel perks to cut costs: report
Managing directors are asked to fly coach for domestic travel.
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1. Franklin Templeton gets approval to launch first retail tokenised fund in Singapore 2. Singapore in talks with banks to enhance financing schemes for businesses 3. GXS Bank names Pei-Si Lai as group CEO 4. Banks feel pressure from private credit 5. SMBC names Luis Pereira as co-regional CIO for APACResource Center
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Investment Banking
Banks feel pressure from private credit
Nonbank lenders are now providing capital even to low-risk corporate clients.
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