Managers of Wealth Asia Pacific

Bank of East Asia commits to strategic portfolio review

Elliot Management supports BEA move, agrees to stay legal proceedings against bank

Affin Bank crowned winner of ‘Best Digital Customer Experience in SME Banking’

The bank is picked for its active role in providing the SMEs with meaningful propositions by being a key partner throughout their business journey

OCBC to reinforce Hong Kong presence

Greater China accounts for the largest portion of its private banking assets.

Indian Bank Stops Disbursing Big Notes at ATMs

Indian Bank is a state-owned financial services company headquartered in Chennai, India.

UBS Asset Management’s China unit unveils onshore equity private fund

UBS’s China unit, UBS Shanghai, is one of the first wholly foreign-owned enterprises, or WFOE, in the Mainland.

Nomura Is Finally Making Money From Asia Investment Banking

Japan’s biggest securities firm last year unveiled plans to cut $1 billion of costs at its struggling global wholesale operation, helping to revive profit that’s been under pressure from years of losses abroad.

StanChart betting big on Shariah-based banking

"For the country, we have lots of expectations," Rehan M Shaikh, chief executive officer of Standard Chartered Saadiq

S Korea’s Woori Bank accelerates expansion in Cambodia

The bank plans to build partnerships with fintech and platform businesses to offer customers better accessibility to financial services, and set up a credit rating system to offer products through non-face-to-face services.

A year of anger between Reserve Bank governor Adrian Orr and NZ Initiative's Roger Partridge

In a meeting of happenstance in the Koru Lounge at Wellington Airport and again at Auckland Airport following a flight, Orr also volubly complained to NZ Initiative executive director Oliver Hartwich.

Battle intensifies to become ‘Korea’s Goldman Sachs

Hana Financial is the latest to enter IB market amid concerns over brokerages focusing on real estate, not startups

OCBC Applies Analytics For Charity Work

The donation will spread over five years to fund the shop set-up, operations, and food supplies.

HSBC Offers Buffer for Hong Kong SMEs

Relief measures include temporary interest-only repayments, extensions to repayment schedules and the creation of overdraft facilities.

MUFG just posted first quarterly loss in a decade

MUFG now expects full-year profit of ¥750 billion, down from the ¥900 billion targeted previously.

Big investment banks cool on Chinese IPOs on Wall Street

Falling valuations and trade war to blame as lenders back out of companies’ listings

UBS, Morgan Stanley cut bonuses for investment bankers in Asia as deal-making slumps

Senior bankers face the biggest reductions of between 9 and 12 per cent, while associates get a slight raise

JPMorgan Targets Smaller Companies In Japan

JPMorgan has hired Shotaro Akita to head up the CCBSI unit along with the commercial bank in the country.

Bank of China IM eyes Singapore set-up

Separately, China-based Penghua Fund Management and CCB Principal Asset Management are planning to establish subsidiaries in Hong Kong.

UOB: Muted Growth Outlook Requires Risk-Balanced Income Strategy

With downside risks mitigated, UOBAM recommends a neutral allocation to equities and to broadly stay invested in markets amid the continued expansion.

DBS China receives bond settlement agent license for China’s Interbank Bond Market

Over the years, DBS has actively participated in China’s bond market, giving us in-depth experience in the space.

Goldman Sachs readies hiring spree in China

Goldman spent last year's latter half honing its expansion plan