Managers of Wealth Asia Pacific

Citi expands fixed income offering for wholesale

The launch comes on the back of record-fixed income transactions in September at Citi.

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.

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.

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.

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

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.

AIIB shows signs of transparency deficit

Bank’s approach encourages weaker environmental and social standards

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.

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.

Treasury best practice: Reducing the burden of cheques in India

Overcoming initial difficulties around transaction volumes

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

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.

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.

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.

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.

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.

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.

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.

Investment banking fees down in Singapore

Activities across M&A, DCM and ECM decline from 2019 levels

HSBC HK shares drop to lowest since 1995, StanChart falls after 'FinCEN' leak

HSBC shares in Hong Kong fell as much as 4.4% to HK$29.60 on Monday morning, the lowest since May 1995, while StanChart dropped as much as 3.8% to HK$35.80, the lowest since May 25 this year.