Senior loan bankers depart Mizuho and SMBC after Asia volumes slump

The departure of senior bankers from major institutions like Mizuho and SMBC underscores the growing pressures within Asia's offshore loan market. As interest rates remain elevated and geopolitical uncertainties persist, the competitive landscape is likely to evolve further, potentially leading to a consolidation of resources among lenders. This situation may not only affect the banks involved but could also reshape the financing options available to businesses in the region.