The latest government forecast suggests Singapore will face more substantial economic disruption than previously expected.

Asia-Pacific and the Americas suffered worst from first-quarter 2020 drops in revenues, reports Marie Kemplay.

The first three months of this year saw revenue growth across all three main business areas of the investment bank.

Preliminary data suggests Sweden is faring better economically than its European neighbours, although this may not continue.

Pandemic has put paid to any ideas that 2020 would be more straightforward for investment banks than last year’s bumpy ride.