Associated tags: S&P Global, S, SPGI, NYSE, Research
Locations: NORTH CAROLINA, US, MALAYSIA, THAILAND, UNITED STATES, MIDDLE EAST, WISCONSIN, SPAIN, OHIO, TEXAS, RIVERSIDE, MAHARASHTRA, ITALY, AUSTRALIA, SOUTH AFRICA, MASSACHUSETTS, CENTRALIA, MARIETTA, BAIRD, KUWAIT, NEW YORK, CHINA, FRANCE, AFRICA, EUROPE, VC, LATIN AMERICA, NORTH AMERICA
NEW YORK, May 8, 2024 /PRNewswire/ -- Chinese banks maintained their dominance in the global largest lender rankings of 2023 despite a downturn in the property sector, according to the Global Bank Ranking published by S&P Global Market Intelligence, an annual ranking of the 100 largest banks in the world by total assets.
Key Points:
- Chinese banks kept 20 positions in the ranking, including the top four, showcasing the continued strength of China's banking sector.
- Industrial and Commercial Bank of China Ltd. remained the world's largest bank, with assets of $6.3 trillion.
- "Elevated inflation and higher interest rates served as headwinds to global economic growth and the commercial real estate sector.
- Despite a downturn in the property sector, Chinese banks retained their place as the largest in the world," said Nathan Stovall, director of financial institutions research at S&P Global Market Intelligence.
NEW YORK, April 29, 2024 /PRNewswire/ -- The private equity industry is showing resilience and optimism for 2024 despite shifting market dynamics, according to the S&P Global Market Intelligence 2024 Private Equity and Venture Capital Outlook. According to the outlook, private equity executives are notably more optimistic about deal activity in 2024 with 60% expecting an improvement, compared to 34% last year. Survey respondents also showed increased interest in private credit and shared that artificial intelligence (AI) will play a larger role in deal sourcing and target selection.
Key Points:
- NEW YORK, April 29, 2024 /PRNewswire/ -- The private equity industry is showing resilience and optimism for 2024 despite shifting market dynamics, according to the S&P Global Market Intelligence 2024 Private Equity and Venture Capital Outlook.
- Key highlights from the 2024 Private Equity and Venture Capital outlook:
Mid-tier and smaller private equity (PE) firms are more optimistic for the deal activity to pick up in 2024 compared to their larger peers.
- The S&P Global Market Intelligence Private Equity and Venture Capital Outlook surveyed a total of 370 global private equity, venture capital and limited partner respondents across North America, Latin America, Asia Pacific, Middle Eastern and Africa regions.
- To request a copy of the 2024 Private Equity and Venture Capital Outlook, please contact [email protected].
NEW YORK, April 30, 2024 /PRNewswire/ -- Despite Global M&A deal volume falling to the lowest level in almost four years, global M&A value increased in the first quarter of 2024, according to S&P Global Market Intelligence's newly released 2024 Q1 Global M&A and Equity Offerings Report.
Key Points:
- NEW YORK, April 30, 2024 /PRNewswire/ -- Despite Global M&A deal volume falling to the lowest level in almost four years, global M&A value increased in the first quarter of 2024, according to S&P Global Market Intelligence's newly released 2024 Q1 Global M&A and Equity Offerings Report.
- Higher interest rates have increased economic uncertainty and the cost of financing, which have decreased demand for M&A activity.
- Key highlights from the quarterly report include:
The number of global M&A announcements fell to 9,022, the lowest total since onset of the COVID-19 pandemic disrupted markets in the second quarter of 2020.
- S&P Global Market Intelligence has produced the quarterly global M&A and equity offering report since the first quarter of 2018.
NEW YORK, April 16, 2024 /PRNewswire/ -- Higher credit costs are expected to serve as a modest headwind to U.S. bank earnings this year, according to S&P Global Market Intelligence's newly released U.S. Bank Market Report.
Key Points:
- NEW YORK, April 16, 2024 /PRNewswire/ -- Higher credit costs are expected to serve as a modest headwind to U.S. bank earnings this year, according to S&P Global Market Intelligence's newly released U.S. Bank Market Report.
- "Even as interest rates are expected to fall in the second half of 2024, deposits remain firmly in focus for U.S. banks," said Nathan Stovall, director of financial institutions research, S&P Global Market Intelligence.
- Earnings should rebound strongly for most institutions in 2025 and 2026 as institutions weather the credit cycle, absorb losses and record lower provisions for loan losses.
- U.S. bank earnings are expected to rebound strongly in 2025 and 2026 as provisions for loan losses decline and become a much smaller headwind to earnings.
NEW YORK, April 1, 2024 /PRNewswire/ -- S&P Global Market Intelligence, a provider of information services and solutions to global markets, today announced the launch of the S&P Global Kuwait Purchasing Managers' IndexTM (PMI®). With the addition of the new indicator for Kuwait, S&P Global expands its reach in the Gulf Cooperation Council (GCC), now covering four countries. In total, S&P Global produces PMI data for 46 countries.
Key Points:
- Inaugural Kuwait PMI® to be released April 3, 2024
NEW YORK, April 1, 2024 /PRNewswire/ -- S&P Global Market Intelligence, a provider of information services and solutions to global markets, today announced the launch of the S&P Global Kuwait Purchasing Managers' IndexTM (PMI®).
- With the addition of the new indicator for Kuwait, S&P Global expands its reach in the Gulf Cooperation Council (GCC), now covering four countries.
- The S&P Global Kuwait PMI will be released on the following dates:
A calendar of upcoming PMI® releases is available here .
- Purchasing Managers' Index™ and PMI® are either trademarks or registered trademarks of S&P Global Inc or licensed to S&P Global Inc and/or its affiliates.
NEW YORK, March 21, 2024 /PRNewswire/ -- S&P Global Market Intelligence announced today that research from Robert W. Baird & Co.
Key Points:
- NEW YORK, March 21, 2024 /PRNewswire/ -- S&P Global Market Intelligence announced today that research from Robert W. Baird & Co.
- Incorporated (Baird), ranked among the top investment research providers in America, will be available exclusively on an embargoed basis to S&P Global Market Intelligence's clients.
- Baird enhances S&P Global Market Intelligence's deep Aftermarket Research collection, which contains more than 35 million reports from more than 1,800 investment banks and independent research providers, including J.P. Morgan, UBS, Barclays, Citigroup – and now Baird, making it the only Aftermarket Research library to feature Baird's content.
- Over the past 12 months, S&P Global Market Intelligence has added more than 45 new Aftermarket Research contributors, including Degroof Petercam, ABG Sundal, EFG Hermes, and HDFC.
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Wednesday, March 20, 2024
International Bancshares Corporation,
Savings bank,
Eastman Credit Union,
Central bank,
Growth,
Security State Bank,
Southside (Virginia),
EPS,
S&P Global,
Bank,
Research,
Public bank,
Fidelity,
Community Bank,
Credit union,
Cryptocurrency NEW YORK, March 20, 2024 /PRNewswire/ -- S&P Global Market Intelligence today released its annual rankings for 2023's best-performing community banks with assets between $3 billion and $10 billion, community banks with assets below $3 billion, top-performing credit unions and top performing U.S. public banks with more than $10 billion in total assets. Additionally, S&P Global Market Intelligence announced the annual rankings of top performing community banks by region for the Northeast, South Central, Southeast, West, and Midwest.
Key Points:
- Additionally, S&P Global Market Intelligence announced the annual rankings of top performing community banks by region for the Northeast, South Central, Southeast, West, and Midwest.
- S&P Global Market Intelligence ranks institutions based on returns, growth and funding but places a premium on the strength and risk profile of balance sheets.
- The rankings were launched in 2011 to assess the performance of community banks and credit unions.
- To access the full list of top performing U.S. public banks, community banks, credit unions and U.S. community banks by region for 2023, click here .
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Wednesday, March 13, 2024
ALERT,
S&P Global,
Organization,
Database,
Improper integral,
Communication,
KYC,
DTCC,
T+1,
Christianity in Singapore,
API,
SPGI,
SSI,
Regulation,
Security (finance) NEW YORK, March 13, 2024 /PRNewswire/ -- S&P Global Market Intelligence, a division of S&P Global (NYSE: SPGI) today announced plans to collaborate with DTCC, the premier post-trade market infrastructure for the global financial services industry, to deliver a joint solution to support clients impacted by upcoming U.S. T+1 settlement requirements. The organizations plan to link S&P Global Market Intelligence's Onboarding Accelerator platform with DTCC's ALERT to increase transparency, efficiency and straight-through processing in the institutional trading industry.
Key Points:
- NEW YORK, March 13, 2024 /PRNewswire/ -- S&P Global Market Intelligence, a division of S&P Global (NYSE: SPGI) today announced plans to collaborate with DTCC, the premier post-trade market infrastructure for the global financial services industry, to deliver a joint solution to support clients impacted by upcoming U.S. T+1 settlement requirements.
- The organizations plan to link S&P Global Market Intelligence's Onboarding Accelerator platform with DTCC's ALERT to increase transparency, efficiency and straight-through processing in the institutional trading industry.
- By linking the services, Onboarding Accelerator users will be able to query the status of critical standing settlement instructions (SSI) reference data for a particular account and market directly within the S&P Global Market Intelligence platform.
- It will streamline a manual, antiquated process, maximizing efficiency and minimizing trade settlement failures," said Brittany Garland, Head of Regulatory & Compliance for Enterprise Solutions, S&P Global Market Intelligence.
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Tuesday, February 6, 2024
Partnership,
Intelligence,
S&P Global,
Research,
AI,
Metadata,
Synthetic media,
Scribe,
Capital,
Market intelligence,
Information services,
LLM,
Generative,
NERD,
Sales NEW YORK, Feb. 6, 2024 /PRNewswire/ -- S&P Global announced today the launch of artificial intelligence (AI)-enabled search on the S&P Global Marketplace (Marketplace). Marketplace is S&P Global's data and solution exploration platform that represents offerings from all five divisions of S&P Global, Sustainable1, Kensho and curated third-party providers.
Key Points:
- NEW YORK, Feb. 6, 2024 /PRNewswire/ -- S&P Global announced today the launch of artificial intelligence (AI)-enabled search on the S&P Global Marketplace (Marketplace).
- The Marketplace Generative AI search is a global solution designed to simplify and enhance the discovery of S&P Global's offerings.
- The Generative AI search utilizes a Large Language Model (LLM) and is powered by the information and metadata on Marketplace, along with S&P Global's leading technical documentation.
- "As data and solution demands increase, we saw a compelling opportunity to combine Kensho's Generative AI capabilities with the S&P Global Marketplace," said Justine Iverson, Head of S&P Global Marketplace and Capital IQ Solutions Strategy.
Although the equity markets rebounded in 2023, equity issuance did not.
Key Points:
- Although the equity markets rebounded in 2023, equity issuance did not.
- The fourth quarter offered some positive signs for M&A transactions with the announcement of the year's two largest deals.
- The value of global M&A announcements fell 51.4% in 2023 versus 2021, and the number of announcements dropped 32.7% in 2023 versus 2021.
- S&P Global Market Intelligence has produced the quarterly, global M&A and equity offering report since the first quarter of 2018.
