Managers of Wealth Asia Pacific

Vietnam makes slow progress in listing its banks

HD Bank will list its shares on the Ho Chi Minh bourse early next year

Bank of Baroda to shut Hong Kong branch, Thailand office

Hit by resource crunch, especially capital, many public sector banks are reviewing their international operations

ASB named New Zealand Bank of the Year

ASB Chief Executive Barbara Chapman says ASB is proud to be named New Zealand Bank of the Year for the fifth year in a row, especially as the market continues to go through rapid technological change.

Maybank Q3 earnings up 13% on higher net interest income, Islamic banking scheme

Its net impairment losses also dropped 51.0% in the quarter

CIMB Philippine ops strengthen group as universal Asean bank

The award of the licence is in line with liberalisation of the banking sector in the Philippines.

The Co-Operative Bank Lifts Profit

The bank also says its increasing rebates paid to member-customers by almost 17%.

AMMB's 4Q net profit down 46%

Reduction in earnings for current financial year ended 31 March 2016 was mainly due to lower income.

Maybank’s results below expectations due to chunky provisioning

The research house said Maybank’s first quarter net profit fell 16.1% year-on-year, dragged down by a 248.8% year-on-year jump in LLP.

Hong Leong Bank Q3 net profit dips

Despite the lower earnings, HLB has proposed a second interim dividend of 25 sen per share.

Confidence wanes in Malaysia govt-backed 1MDB bonds

The contrast reflects growing investor concern about the Malaysian government's backing as it grapples with an economy forecast to expand at its slowest pace in seven years amid a collapse in oil prices.

Nikko Asset Management NZ grows AUM to over $5 billion

Retail investors access Nikko Asset Management NZ’s funds through Authorised Financial Advisers or RaboDirect.

Ageas Asia First Quarter Gross Inflows Up 14%

Announcing the 3 months 2016 results, Gary Crist, Chief Executive Officer of Ageas Asia commented: "Ageas Asia's 3 months 2016 results were marked by continued strong performance in the region.

Indonesia's Bank Permata Jumps on Talk of BNI Buy-In

Shares of Indonesia's Bank Permata surged as much as 14.3 percent on Thursday as traders speculated that Bank Negara Indonesia may buy a stake.

PNB Reports Q4 Loss Of Rs 5,370 Crore, Biggest In Indian Banking History

Punjab National Bank on Wednesday reported a net loss of Rs 5,370 crore in the March quarter.

Emerging-market, energy woes hit home for Japanese banks

Slowing overseas economies hit the banks hard.

Mizuho Sees Profit Falling 11% as Negative Rates Hit Margins

The Tokyo-based companies are the first of Japan’s three biggest banks to indicate how earnings this fiscal year will be dented by the Bank of Japan’s January decision to start charging lenders for some of their excess reserves parked at the i

Sun Life Grepa posts robust gains in 2015

“The achievements we had in the previous year give us the momentum to further pursue our mission of empowering Filipinos and help them become financially secure,” he added.

Japan's Largest Bank Mitsubishi UFJ Sees Profit Falling 11% Amid Negative Rates

Gains in the yen and a smaller contribution from the bank’s investment in Morgan Stanley were also factors

AMP wealth management cashflows dive 39pc in Q1

There is a bright side for AMP, however, with the group foreseeing an uptick in demand for its services.

Kotak Mahindra Announces Rise In Earnings, Becomes 2nd Most Valued Private Bank

At a time when most Indian banks profitability has been marred by high levels of bad loans and provisions

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