marketsBank of America CEO Brian Moynihan warned on Monday that the bank's investment banking fees are expected to decline by 10% to 20% in the third quarter, a sharp reversal from the strong performance earlier in the year.
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businessByteDance, the Chinese technology company behind TikTok, has secured a $29.6 billion unsecured syndicated loan from a consortium of 28 banks, marking the second-largest dollar-denominated loan in Asia this year.
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businessAI startup Cognition has secured over $2 billion in a Series E funding round, valuing the company at $48 billion.
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marketsShenzhen Longsys Electronics began trading on the Hong Kong Stock Exchange on Tuesday, September 8, 2026, following an initial public offering that raised HK7.08 billion, or approximately $903 million.
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marketsDBS Bank and Citi have successfully completed their first tokenized cross-border payment between Singapore and the United States, a transaction that settled in minutes over the weekend.
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marketsUBS has reversed its interest rate forecast for the Federal Reserve, now anticipating two quarter-percentage-point rate increases in 2026, specifically in September and December.
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marketsAnthropic, a prominent artificial intelligence company, has adjusted its initial public offering timeline, pushing back the expected release of its prospectus to late September and the start of its investor roadshow t...
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marketsByteDance, the owner of popular social media platforms TikTok and Douyin, has secured a $29.6 billion syndicated loan, marking one of Asia's largest corporate financing packages this year.
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marketsArtificial intelligence firm Anthropic is nearing the final stages of securing a $15 billion revolving credit facility as it prepares for a potentially record-breaking initial public offering.
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marketsBritain’s financial sanctions watchdog has fined Citibank’s London branch £4.7 million (US$6.35 million) for processing hundreds of payments that breached the UK’s sanctions regime against Russia.
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marketsA consortium of 21 major global financial institutions announced on September 1, 2026, that they will establish a new company in the second half of 2026 to issue a U.S.
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