11/05/2020
Third-quarter net profit up 4% on quarter to SGD 1.30 billion; fee income rises 17% to pre-Covid levels
Nine-month total allowances quadruple on year to SGD 2.49 billion, including general allowances of SGD 1.50 billion
Investment Bank
11/05/2020
Citi expands fixed income offering for wholesale
The launch comes on the back of record-fixed income transactions in September at Citi.
11/03/2020
JPMorgan takes 71% in China securities business
The stake was put up for sale by state-owned Shanghai Waigaoqiao FTZ, a filing on the Shanghai United Assets and Equity Exchange in September showed.
11/02/2020
ICICI Bank Q2 takeaways: Record profit, prudent provisioning & more
The numbers were also boosted by the bank's treasury income, which jumped on Rs 305 crore worth stake sale by the bank in ICICI Securities during the quarter.
10/29/2020
ANZ Full Year 2020 Result Transcript: Chief Financial Officer Michelle Jablko Speaking Notes
Shayne spoke about what we’ve done this year to support customers, to protect our balance sheet, and to prepare for the future. All of this shows up in our result, so let me take you through that now.
10/29/2020
DBS named Asia's Safest Bank for 12th consecutive year
Ranked 14th safest globally, and fourth-safest commercial bank worldwide, unchanged from 2019 and 2018
10/27/2020
Bank of China Expands Offshore Bond Team Headcount
Bank of China is planning to expand its offshore bond business with an eye on more fundraising denominated in U.S. dollars and the euro.
10/26/2020
AIIB shows signs of transparency deficit
Bank’s approach encourages weaker environmental and social standards
10/19/2020
UBS, Insight IM win Future Fund mandates
The fund undertook a "material rebalance of the private equity portfolio" last financial year, reducing some of its exposure to international growth and buyout managers following a period of strong performance.
10/14/2020
Hong Leong Bank Becomes First Bank in Malaysia to Offer a Fully Digital Account Onboarding Experience
This simple and convenient way of banking is timely given the ongoing Covid-19 health concerns and corresponding shift to digital 'everything', says HLB.
10/13/2020
Treasury best practice: Reducing the burden of cheques in India
Overcoming initial difficulties around transaction volumes
10/12/2020
Deutsche Bank joins China pilot scheme for foreign currency trade payments
SAFE approval allows bank to cut process from days to just a few minutes
10/09/2020
Japan bank Mizuho to offer staff shorter workweek on reduced pay
Mizuho joins local and global rivals in questioning how staff and businesses will operate once the coronavirus pandemic subsides.
10/06/2020
Citi’s Partnership with UNDP Strengthens across Asia
Citi’s support is being utilized for the most vulnerable and marginalized communities across the region including families below the poverty line, women at risk and migrant workers.
10/02/2020
The Banker's Investment Banking Awards, 2020
Banks that have shown tenacity and determination to keep going and drive through deals within the most challenging of circumstances have come out on top in The Banker’s Investment Banking Awards for 2020.
09/28/2020
More banks expect deeper contraction for Philippines this year
The Philippine economy slipped into recession after contracting by a record 16.5 percent in the second quarter from 0.7percent in the first quarter as the entire Luzon was placed under enhanced community quarantine in the middle of March.
09/25/2020
OCBC prices $200 mil 3% perpetual capital securities first callable in 2030
The securities will be giving holders semi-annual distributions in arrear at a fixed rate of 3% per annum.
09/23/2020
BEA Readies Insurance Arm Sales Plan
BEA Life had about HK$25.4 billion ($3.3 billion) in assets as of the end of June, according to the latest financial report, with commission income rising over 49 percent in the first half.
09/22/2020
Top deal makers to lead Magellan and Barclays investment bank startup
Ken MacKenzie, the chairman of BHP and former chief executive of Amcor, will join in early 2021 as a senior strategy partner. Cynthia Whelan, who has held executive positions at Scentre Group and Telstra, is a senior adviser.
09/22/2020
Investment banking fees down in Singapore
Activities across M&A, DCM and ECM decline from 2019 levels