Managers of Wealth Asia Pacific

BOJ policy makers divided on easing

The BOJ must communicate more clearly its resolve to take additional monetary easing steps without hesitation if the momentum to achieve its price target is under threat

Standard Chartered, Hang Seng Bank close branches as citywide strike, protests wreak chaos in Hong Kong

Standard Chartered, one of the three banks that issue currency in Hong Kong, closed several branches in the afternoon, China Citic Bank International closed five out of its 30 branches, and Citibank closed two branches an hour earlier than usual.

MUFG concludes First State Investments purchase in $2.7bn deal

Mitsubishi UFJ Trust and Banking president and CEO Mikio Ikegaya said: “We are committed to supporting FSI’s strategy of delivering high-quality investment capabilities and establishing and maintaining strong client relationships.

CIMB shuts HK investment banking operations

The bank was reported to have let go of 10 investment bankers based in Hong Kong due to strong competition, leaving only one to oversee the transition, capital markets publication IFR reported.

Australia's Macquarie to disband asset finance unit, bank's one-time profit-driver

The quarterly contribution to full year profit from its corporate asset finance, asset management, and banking services units were down from the first quarter last year, she said.

Macquarie annuities, asset management down

Macquarie AM closed the quarter with $552.7 billion in AUM, up 2% from the previous quarter. Its banking and financial service business saw total deposits down 1% at $53.1 billion - its funds on platform grew by 3% to $88.8 billion.

‘Richer’ Filipinos give Citibank PHL 2nd rank in Southeast Asia growth

The Philippines is only topped by Citibank Thailand

More Asia interest-rate cuts on the way, says Morgan Stanley

In Thailand and South Korea, one rate cut each is forecast from now through 2020, while China and Taiwan are unlikely to adjust policy rates, she said.

Standard Chartered becomes 1st foreign bank licensed at GIFT IFSC

Standard Chartered will become the first foreign bank to launch operations at the International Financial Services Centre located in GIFT City.

Singapore banking: Inside UOB’s new era

It comes up constantly during our 75-minute interview in an airy meeting room in the bank’s Raffles Place head office, just around a corner from a bronze bust of his grandfather.

Citi Added 30 ASEAN Bankers in Last 12 Months

In addition to Vietnam and Thailand, bankers were also hired for Indonesia and Malaysia markets.

AIIB puts emphasis on international cooperation at annual meeting

There was also a series of announcements on support for new projects.

DBS Taiwan receives NT$2.25bn injection

It was the first time the local unit has raised capital by issuing common stocks since its establishment in 2012, Lim said.

Deutsche Bank slashes global workforce, exits global equities

Deutsche Bank's local equities business comprises equity trading, equity sales, prime finance, equity derivatives and company research of top ASX-listed companies.

Deutsche to shut down Australian equities, scale back other functions

It is understood Deutsche's local management was being briefed on the final situation on Sunday afternoon after a long few days of talks with regional and global bosses about the local business' future.

Wall Street Banks Are Struggling to Hire Local Talent in China

Global banks need fresh talent to capitalize on market opening

Sony to launch $185m VC fund with Japanese investment bank Daiwa Securities

Sony will support IGV’s efforts to maximize the performance of this fund

Investec scores ADI licence

Investec has operated in Australia for more than 20 years across asset management, resources, private equity, power and infrastructure, property, mid-market and emerging companies.

Shinhan strengthens investment banking abroad

"The country has a great demand for investment banking deals involving mergers and acquisitions and real estate among others that require competent financing capabilities," a Shinhan official said.

LINE Securities to Launch New Service

The service will also offer real time trading until 9 p.m. on weekdays, allowing for additional convenience for a wide range of clients.

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