AGP Executive Report
Last update: 34 minutes agoWealth Management: HSBC named Sami Abouzahr regional wealth banking head, tapping his experience with affluent and high-net-worth clients as it invests in the UAE and wider region. Real Estate Finance: Apollo Commercial Real Estate Finance plans to delist from the NYSE on Nov. 6 and transfer remaining assets and liabilities to a trust as it winds down. Banking Results: Malaga Financial reported third-quarter net income up 14% year over year, while L&T Finance posted a 33% rise in quarterly profit to ₹975 crore. SME Lending: Malaysia’s CapBay says it has financed more than 2,700 small businesses with over RM6 billion since 2016, using trade data to assess borrowers. Financial Stability: Switzerland’s finance minister warned that mounting public debt could trigger a euro crisis; separately, the IMF flagged risks from the AI investment boom.
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