Managers of Wealth Asia Pacific

Morgan Stanley Increases Stake in China Brokerage Unit

Thus far, eight international banks have become majority shareholders of their brokerage joint ventures.

Woori Bank opens Hungary office

Woori’s latest move marks the second establishment of a representative office in the central European nation by a Korean commercial lender.

Citi Posts Strong Institutional Business Growth in Taiwan

Within mergers and acquisitions, the American lender advised on five Taiwan-related deals in recent years, including three in 2021.

Citi Australia wins custody mandate

Earlier this year, Mirae appointed former ETF Securities chief executive Kris Walesby as chief executive of its new Australian team.

Citi vows to continue contributing to Korean economy

As the first foreign bank to start a consumer banking business here, Citibank Korea has introduced various new financial systems to the domestic market

JPMorgan offers Hong Kong staff up to US$5,000 each in reimbursement for quarantine stays after family visits abroad

The new programme, the first announced by an investment bank, comes days after JPMorgan CEO Jamie Dimon paid a 32-hour visit to Hong Kong

The art of leaving an investment bank in Hong Kong

To further underline just what a good leaver Slone is, Jefferies also says it will also consider investing alongside Slone, who's not fully leaving but has been handed the title of senior adviser to the firm.

Japan's Largest Bank MUFG Boosts Annual Profit Outlook to Record Level

"This reflects the profitability challenges faced by MUFG and other Japanese banks in the current ultralow domestic interest rate environment," he wrote in a note to clients.

Australia's Macquarie posts record profit, to step up green investments

The capital raising will take Macquarie’s stack of surplus capital to almost A$10 billion, while Macquarie managed funds have a separate $A27.9 billion in equity “dry powder” to deploy, she said.

Nomura Enhances Global Risk Management

The direction of these measures and implementation framework for enhanced global risk management have now been largely finalized.

AIIB’s Membership in Africa Grows

Prospective members, including Nigeria, will officially join AIIB once they complete the required membership procedures

Saudi EXIM Bank, Japan's SMBC, sign MoU

More global deal making to secure financing & insurance solutions that help Saudi exporters reach Southeast Asia & the world

Goldman Sachs Cleared to Own All of China Unit

U.S. bank has operated a Chinese joint venture for 17 years

Ex-Hang Seng CEO Passes Away

At Hang Seng, Cheang is credited with pushing a number of key initiatives including gender diversity and digital transformation.

2021's global investment banking fees hit $115.8bln in 9 months: Refinitiv

Inside Nomura’s ambitious plan to take on Wall Street: ‘Clients will pay for the best bankers’

McDermott picks up the mantle for a fresh Wall Street expansion at Nomura.

Credit Suisse Mulls Asian Investment Bank Consolidation

According to the report, a decision is due soon, as the Credit Suisse board is meeting next week to discuss the strategic review being undertaken by chairman Horta-Osorio and McKinsey & Co.

UOB Appointed Cross-Currency Dealer for Yuan and Rupiah

ACCDs aim to promote the settlement of international good and services trade and direct investments in the local currencies of China and Indonesia.

Saxo Markets Singapore crosses SGD10 billion in clients’ assets

As many countries now slowly transition to a more normal state of affairs, we continue to see an increased interest in investing from both experienced investors and the many individuals investing their savings for the first time.

Barclays Bank infuses over Rs. 3,000 crore capital to grow India operations

As economic activity gathers momentum, there is increased demand for capital from clients.