Managers of Wealth Asia Pacific

MUFG eager to extend checkbook to high growth US tech

Bank seeks big returns from pre-IPO and mid-cap companies as home market stalls

Nomura's retreat again highlights how Japan's banking behemoths struggle to succeed abroad

These results, combined with entrenched rock-bottom interest rates, point to cost-cutting as a priority — especially abroad.

Major Japanese banks' profit drops as low interest rates cut margins

Mizuho Financial Group said its net profit fell below 100 billion yen for the first time since the year to March 2009 when it was hit by the global financial crisis.

World's Largest Banks 2019: U.S. Takes Aim At Chinese Dominance

Bank of America entered the top-five on the Forbes Global 2000 list, now sitting at #5 due to its strong financials and $272 billion market capitalization now put it just behind Agricultural Bank of China, which ranks #4.

Goldman Sachs applies for Tokyo banking licence

Investment bank to launch global cash management business as part of plan to diversify

Here’s how much you’ll really earn at Citi in Singapore

Insiders at Citi in Singapore tell us that the bank has a reputation for keeping hold of its top performing staff by offering them promotions and relocations across Asia

Dubai's Nimai Capital's Dh550.5m fund to invest in Asia, Africa

The Fund will be regulated by the Cayman Islands Monetary Authority.

Singapore's OCBC beats estimates, rounding up strong quarter for banks

Net interest income grew to a record S$1.53 billion, up 8 percent from a year earlier. OCBC's shares rose 1.1 percent in early trade in a broader market up 0.3 percent.

JPMorgan close to being first foreigner to get majority in China fund venture

The open bidding process begins on May 8, and will continue until June 4.

Australia's Macquarie downsizes in the Gulf: sources

In the UAE, the Australian bank is downsizing its operations in Abu Dhabi, sources familiar with the matter told Reuters.

Westpac share price drops on disappointing 2019 half year profit

The bank predicted a challenging second half amid softening house prices and slowing credit growth, but said restoring customer trust remains a priority.

StanChart hails turnaround progress with US$1b buyback plan

Bank's pre-tax profit grows to US$1.38 billion in the January-March period from US$1.26 billion a year ago

RHB to be ‘pragmatic’ in facing challenging investment banking scene overseas

He said the investment banking businesses in Indonesia and Thailand have room to expand via organic growth while in Singapore

Bank of Japan vows to hold rates at zero until spring 2020

Central bank’s forward guidance suggests inflation target remains a long way off

SBP reserves dip 2.4% to stand at $9bn

Overall, liquid foreign currency reserves, held by the country, including net reserves held by banks other than the SBP, stood at $15,994.3 million.

Banking on renewable energy - and the future

Singapore banks OCBC and DBS's new coal ban is an Asian game changer, and one that sends out all the right signals

Singapore’s OCBC seeks partner for China securities business JV

Southeast Asia’s second-biggest bank by assets is talking to various firms that have shown an interest in such a partnership, he said.

Veteran Investor With Family Pedigree Slams BOJ's ETF Buying

“The BOJ indirectly becomes a shareholder of Japan Inc. as part of its policy,” Shibusawa said in an interview in Tokyo on April 11.

UOB to double down on Asean-China flows as trade tensions rise

The bank will focus on key priorities of regional connectivity, ecosystem partnerships, and strong balance sheet and quality earnings, he said.

Japan's bankers unhappy about their bonuses despite higher payouts

Carlos Ghosn fiasco adds to country's image as stingy employers

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