IC Markets News
DBS pitches Singapore as stability hub for investors amid geopolitical turmoil
Against a backdrop of wars, trade frictions and climate-related disruption, DBS is positioning Singapore as a dependable base for investors and businesses operating across Asia. The bank says the ...
Two Sigma raises internship hiring bar as AI reshapes talent needs
A strong summer intern cohort is prompting Two Sigma to rethink what it expects from future recruits as artificial intelligence boosts productivity across technical work. The hedge fund now places ...
Hong Kong finance summit set to draw Goldman, HSBC and UBS leaders
Hong Kong is preparing to host senior global banking executives in early November as the city seeks to reinforce its role as a regional financial hub. The gathering is scheduled about two weeks ...
Metrobank leads Philippine bond market rankings in The Asset 2026 awards
Philippine fixed-income markets remain a key battleground for banks competing across local and foreign-currency debt trading. Metrobank says it ranks first among Philippine banks and securities ...
Tabung Haji restores core system operations after cyberattack; depositors' savings remain safe
Lembaga Tabung Haji has resumed operations of its main systems and services after a temporary suspension following a cyberattack on 8 October. The recovery includes the reopening of branches and ...
Sallie Mae borrower secures court payment plan after wage garnishment in student-loan dispute
Private student-loan collection risks are intensifying for some U.S. borrowers as repayment strains and litigation pressures build. Nurse Hannah Bates, 31, says a lawsuit by Sallie Mae led to ...
RCKT Mortgage Trust secures preliminary KBRA ratings for $548.1 million RMBS deal
The transaction packages newly originated second-lien mortgages into a $548.1 million residential mortgage-backed securities offering tied to Rocket Mortgage affiliates. The pool includes 6,249 ...
HSBC and Ant Digital test tokenized deposit payments for AI agents
Large banks are expanding experiments with AI-driven commerce as they assess how autonomous software could access services and move money with limited human intervention. HSBC and Ant Digital ...
BNP Paribas Asset Management CLO ratings actions reflect asset quality shift
Fitch Ratings has changed the ratings on three tranches of BNP Paribas Asset Management's Euro CLO 2017 DAC as the underlying portfolio shows stronger credit quality and resilient performance. The ...
Cboe Global Markets wins Morgan Stanley upgrade on renewed options deal
Cboe Global Markets is drawing fresh support from a major Wall Street bank after renewing a key long-term agreement tied to S&P 500 index options. Morgan Stanley says the extension removes a major ...
J.P. Morgan plans Nigeria merchant bank as outlook improves
Nigeria is drawing fresh attention from global financial institutions as expectations build around a more stable economic environment and stronger policy direction. J.P. Morgan’s plan to ...
Fidelity says institutional tokenization push accelerates as onchain asset demand grows
Financial institutions are deepening their move toward tokenized onchain markets as asset managers seek broader investor access and more efficient product structures. Recent growth in tokenized ...
Goldman Sachs executives to receive special equity awards tied to long-term performance
Goldman Sachs is preparing to finalize special equity awards for about 20 top executives after a multiyear period of stronger performance against many rivals. The awards are worth more than $500 ...
Standard Chartered expands digital asset custody in Singapore for institutional clients
Standard Chartered is widening its digital asset strategy in Singapore with a planned custody service for selected cryptocurrencies, stablecoins and tokenized real-world assets. The offering ...
Fitch assigns AA+ and F1+ ratings to Tender Option Bond series 2026-XF8243 trust
A new tender option bond trust tied to San Diego County Water Authority debt is entering the market with high-grade ratings on both its floater and residual receipts. The structure’s short-term ...
IMF calls for spending restraint as bond yields climb globally
Rising global borrowing costs are intensifying pressure on governments as debt burdens and energy-driven inflation unsettle bond markets. IMF Managing Director Kristalina Georgieva says officials ...
Temasek flags AI trade unwind as top risk for markets
Market gains in the U.S. remain heavily tied to artificial intelligence, even as higher Treasury yields push up borrowing costs and test broader equity valuations. Temasek says that dependence on ...
Ascot ratings affirmed as Fitch keeps stable outlook
Ascot Group retains its investment-grade ratings as the specialty insurer shows stronger capital metrics and sustained underwriting profitability. The stable outlook reflects Fitch's view that the ...
Chicago bond ratings withdrawn amid debt management changes
Chicago's debt management plans are shifting as the city moves to take other measures regarding outstanding bonds. The change prompts Fitch Ratings to withdraw ratings on specific bond series, ...
JPMorgan expands investment banking leadership with Rob Sweeney hire
JPMorgan is adding another senior banker as it pushes to capture more business in a recovering dealmaking market. Rob Sweeney is set to advise major corporate clients, with a focus on consumer and ...
AstraZeneca expands oncology strategy with Summit drug collaboration and Cambridge R&D hub
AstraZeneca is deepening its focus on next-generation cancer treatments as it opens a new research center in Cambridge, Massachusetts. The move comes days after the company committed $2 billion to ...
