Managers of Wealth Asia Pacific

Indonesia as a rising economic powerhouse

Indonesia's large population and rising wages have fuelled growing purchasing power and a buoyant consumer market too.

Julius Baer Relocates Singapore Office

This is the Swiss bank’s second office in the city-state, alongside its first office for frontline colleagues at Marina One.

Nomura Announces Group Purpose

Nomura is dedicated to the tenets embodied in its Founder's Principles and the unwavering values ingrained in its Corporate Philosophy.

More India Banking Expansion Expected in 2024

As China’s economy shows slow signs of recovery, global banks are putting their bet on India as an alternative source of growth in Asia.

Wealthy clients turn to HSBC, Manulife, Bank of China amid heightened interest in Hong Kong’s cash-for-residency scheme

Financial firms flooded with inquiries after government started accepting applications under the revamped investment migration programme

Hong Kong Bankers Beat Singapore in Pay

The trend extends to private banking where Singapore has been frequently featured in headlines for successfully attracting inflows and wealthy individuals in recent years.

Japan's Mizuho hunting for deals to bolster asset management business

The target includes private assets, which Mizuho hopes to boost from about 4 trillion yen to around 20 trillion yen.

Indian Investment Bank Launches Hiring Spree

Following the new hires, ICICI Securities’ headcount will rise to 190.

Citi to Reportedly Launch China Investment Bank

Citi has already hired a chief executive, chief financial officer and chief compliance officer for the upcoming investment bank.

Deutsche Bank strengthens Shariah custody offering in Southeast Asia

Bank partners with CIMB to offer capabilities in Malaysia and launches new product in Singapore

Deutsche Bank’s second Panda Bond issuance on China’s Interbank Bond Market

China has made continuous progress with improving its regulatory framework for Panda Bonds.

China Huarong Buys Citic Stake

The stake will be bought from Citic Polaris, an unlisted unit of Citic Group.

Nomura Cuts Investment Bankers in Hong Kong

The cuts involve both junior and senior bankers, including managing directors and executive directors.

Goldman Sachs Opens New Hyderabad Office

Our growth story in India is compelling and enabled by the country’s extraordinary talent.

AIIB adds three new members, raising total to 109

The AIIB primarily focuses on financing sustainability-related infrastructure projects.

UBS names South Korea, India, others as 'slow' on Credit Suisse approval

The document says that "a single non-cooperative regulator can jeopardise the timeline of the parent bank merger and other transactions", impacting other related integration deals.

Mizuho seeks to break curse over foreign forays on Wall Street

Japanese lender targets US investment banking top 10 after acquisition of boutique firm Greenhill

UBS inherits tricky wealth legacy in Asia

The Swiss executive will however have to tread carefully as he integrates a damaged business that thrived on serving risk-taking entrepreneurial customers.

BEA Union Investment: Macro fundamentals benefit risk assets; See opportunities in Asian Investment Grade bonds

Stronger-than-expected economic growth, and a resilient labour market that lifted consumer confidence to 18-month high, reinforced our call for a soft landing in the US.

Nomura tops up its Hong Kong team in spite of 2023’s cuts

The bank has signaled its intent to add over 40 new relationship managers to its AEJ private banking offering.