Managers of Wealth Asia Pacific

Of risks and opportunities

Citigroup CEO Mike Corbat visits PH, expounds on the global economy and rise of fintech

Australia/NZ best houses favour ESG financing solutions

The winning houses in our 2019 Australia and New Zealand Achievement Awards are honoured for their clever deal structuring and commitment to ESG financing solutions.

HSBC Global AM cautious of A-share volatility

While the China A-share market is up nearly 30% this year, the market also fell 30% last year.

Japan Banks to Join JPM Blockchain Initative to Boost AML Measures

Japanese banks are said to be seeking to use the INN to bolster AML measures because it makes screening of cash recipients faster and more efficient, JP Morgan executive director Daizaburo Sanai told Bloomberg in an interview.

Malaysia’s RHB exits Hong Kong

The bank’s Hong Kong operations, which include brokerage, asset and wealth management services, recorded losses in the last few years.

Nomura to Acquire Greentech Capital Advisors

Greentech operates with a commitment to provide unmatched insights and connectivity amongst innovators, incumbents, and investors.

Maybank Kim Eng lays off 5% of its Singapore workforce

It says it 'cannot ignore' the global market forces that forced staff-strength review

HSBC’s CEO Search Ending Where It Began as Signs Point to Quinn

In a sweeping overhaul of the executive ranks this week, the 57-year-old Quinn replaced the top investment banker, chief operating officer and chief risk officer.

Japan banking: Five approaches to taking on the world

The Japanese house has been a player internationally for decades – Euromoney’s first cover story on Nomura’s international strategy was in June 1980 – but it was the acquisition of Lehman Brothers’ businesses during the globa

Governance brings an M&A bounty to Japan

They would ask banks to cross-hold their equity so as to have a better relationship, so the banks came to have a big impact on how they were managed.

Saxo Bank 2020 Outrageous Predictions

With a popular mandate and strong majority in Parliament, Boris Johnson is in stronger position than ever to come back to the negotiating table in Brussels.

UBS to double China investment banking business headcount in 3-4 years

The bank’s expansion plans come at a time when China is opening up its financial markets to foreigners

Asia Pacific investment banks face increased pressure from global challenges

"The factors are squeezing net interest margins and overall profitability. However, while many banks are likely to report weaker financial results (or less improvement) in 2020 than in 2019, we do not expect significant deterioration.

Investment income gain pushes up Maybank's Q3 profit

Net profit up about 2% to RM2 billion; revenue up 14.7% to RM13.83 billion

BEA Life Launches WiseRetire Deferred Annuity Insurance

Customers aged between 40 and 75 are eligible to enrol in the plan, with enrolment being guaranteed, and the premium will remain the same throughout the 5-year premium payment period.

Standard Chartered Wants to Attract 7,000 Millennials in Singapore

This is an exciting start and we have plans to further broaden Jumpstart to cover other areas which are meaningful to this segment, such as financial seminars and giving back to society.

Alibaba to pay banks up to $32.3 mln in fees for Hong Kong listing

An additional supplementary prospectus lodged with the Securities and Exchange Commission showed Alibaba would pay the banks up to $32.3 million, if a so-called overallotment of a further 75 million shares is issued which bankers think will occur.

HSBC Shuts Protest-Related Account in Hong Kong

A corporate account reportedly linked with protest-related activities has been closed by HSBC though it cites regulatory risks.

DBS to adopt risk-management framework Equator Principles in sustainability push

The Equator Principles also outline environmental and social standards for large-scale developments

Morning Coffee: Safety concerns as video emerges of Citi director in Hong Kong, and the fired trader who is suing to get his job back

This is not the sort of risk that banks are really set up to deal with

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