Tag: Banking risk
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RepRisk Appoints Leaders to Scale Trusted AI for Conduct Risk
RepRisk Expands Leadership to Accelerate AI-Driven Conduct Risk Transparency RepRisk, the Zurich-based provider renowned for its business conduct data, has announced two strategic executive appointments aimed at scaling its AI-powered risk solutions. The announcements come as RepRisk continues to solidify its position as a trusted data partner for the world’s leading banks and asset managers,…
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UOB Faces Rising Risks from Hong Kong and China Property Loans as Prices Fall
Overview: A Widening Wedge in Asia Property Financing Singapore’s United Overseas Bank (UOB) is grappling with mounting pressure from its exposure to Hong Kong and China real estate. As property prices in these markets retreat and liquidity tightens, UOB’s significant lending to developers and buyers in the region has become a focal point for investors,…
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UOB Faces Pressures as Hong Kong and China Property Loans Sour
Overview: A Singapore Bank’s Bet on a Slowing Market Singapore’s United Overseas Bank Ltd (UOB) is navigating choppy waters as it reconvenes the risks tied to its sizable exposure to Hong Kong and China real estate. A bet on the strength of property markets in these regions has begun to backfire amid persistent price declines,…