Several banks are exploring token transfers between systems and tackling interoperability concerns, including through Project Ensemble which is entering a new phase in 2026.
The record green loan for the data centre, to be built in Singapore, has been supported by a consortium of banks. Crédit Agricole CIB, DBS and ING were the global coordinators and sustainability structuring agents; the loan has an option to convert into a SLL.
The proceeds raised by the Singapore firm will be used to refinance existing debts and for general corporate purposes; Starhill has commercial properties across Apac and raised a S$600m SLL in March.
Joy Kwek joins from Morgan Stanley and is tasked with increasing the synergy between SMBC and SMBC Nikko, and strengthening their capital markets and structured solutions offering.