March 29, 2025

capital

Banking

Banking, autos drive GT Capital profit

TY-LED GT Capital Holdings, Inc. reported a consolidated net income of P28.8 billion in 2024, down 1.7 percent from P29.3 billion in 2023, due to the absence of non-recurring gains recorded last year. Excluding non-recurring gains, core net income rose 11 percent year on year, largely driven by record earnings generated by its banking and

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Funds

China to attract more private-equity funds from Middle East, US, Bain & Co says

Private-equity investments in China could be on a stronger recovery path, bolstered by increased capital from the Middle East and adaptive strategies from US funds, according to Bain & Company. “A positive momentum for China could lead to a more positive outlook already in 2025 and 2026,” Sebastien Lamy, co-leader of the Asia-Pacific private-equity practice

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