Managers of Wealth Asia Pacific

Bank of India dips over 5% as Q3 profit disappoint

The stock dipped nearly 6% at Rs 228 after reporting a sharp 70% yoy decline in its net profit at Rs 173 crore in December quarter.

Reliance Capital Q3 net profit rises 28% at Rs 213 crore

The company's mutual fund arm Reliance Capital Asset Management Company saw its average AUM rise 23 per cent to Rs 1.26 lakh crore, while profit in this business rose 49 per cent. In terms of AUM, Reliance Mutual Fund has a market share of 11.4 perce

Chinese investment into Europe hits record high in 2014

Baker & McKenzie research shows Chinese investment into Europe is at record levels. With 153 separate investments worth $18bn last year

Commonwealth Bank reports $4.6b interim profit

Commonwealth Bank of Australia has reported an 8 per cent increase in cash profit for the first half of $4.623 billion

UBS says more money from wealthy investors in Asia helped Q4 profits

Swiss bank UBS says profits rose 5 per cent in the fourth quarter as a tax benefit and new inflows from wealthy Asian investors boosted the bottom line

DBS Q4 net profit up 4% to S$838m

Total income rose by some 9 per cent y-o-y to S$2.34 billion.

Indian Stocks Advance on Modi Reform Bets After Delhi Poll Loss

India’s benchmark stocks index advanced for a second day amid expectations Prime Minister Narendra Modi will accelerate policy measures to boost economic growth after losing elections in the capital state.

Indian bank's overseas branches grew 36% in 2003-14: RBI

Indian bank's overseas branches saw robust growth overseas of 36.5 per cent in 2013-14, while foreign banks in India recovered from the slowdown with a growth of 20.6 per cent

China mutual fund assets boom in 2014

China’s mutual fund industry soared almost 60% in terms of total AUM in 2014

Security Bank nets P7.2B in 2014

Security Bank grew its net profit last year by 43 percent to P7.2 billion

National Australia Bank Q1 cash profit up 6 pct

NAB, the fourth biggest bank by market value, posted cash profit of A$1.65 billion ($1.28 billion) for the quarter-ended December

Reliance Industries raises $750 million from overseas bond issue

The finer spread was on the back of high investor demand

Digital leadership, Asia keys for Westpac’s Hartzer

New Digital leadership, Asia keys for Westpac’s Hartzer

5 top banks’ profits rise over ¥2 tril. in Apr.-Dec.

Five major banking groups posted combined net profits of ¥2.45 trillion in April-December 2014, up 4.9 percent from a year earlier.

Indian Bank Q3 profit rises 5%, misses estimates

The bank posted a net profit Rs.277.52 crore for the quarter ended 31 December from Rs.264.50 crore a year ago

Religare Enterprises Narrows Q3 Loss to Rs. 18 Crore

Religare Enterprises has narrowed its standalone losses to Rs. 18.06 crore in the quarter ended December 2014.

Nomura Holdings Q3 profit jumps 45 pct on retail boost

Nomura Holdings Inc reported a near 50 percent jump in third-quarter net profit on Thursday,

First Metro Philippine ETF Shows Strong Performance in its First Year

Since its debut in the Philippines, the performance of the First Metro Philippine Equity Exchange-Traded Fund has steadily risen, matching the upward trend of the Philippine Stock Exchange Index

India's Bank of Baroda Q3 net down 69 pct on higher provisions

Net bad loans as a percentage of net advances was 2.21 percent, from 1.74 percent in the second quarter.

JM Financial consolidated net nearly doubles to Rs 87 crore

Diversified financial services firm JM Financial Group, promoted by noted rainmaker Nimesh Kampani, today reported near doubling of its consolidated net at Rs 87 crore in the December quarter

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