Managers of Wealth Asia Pacific

StanChart's makeover still has a long way to go

Latest figures show costs are bloated, at just under 70% of income; return on tangible equity was just 5.1%

BOJ begins to sweat as Japan's real estate heats up

Key ratio edges higher than long-term trend

Reforms attract more foreign banks to Saudi Arabia

Sumitomo Mitsui will provide a range of banking and consultancy services for Japanese companies in Saudi Arabia.

10 major banking trends you can expect to see in 2019

Open Banking regulations from Europe to Hong Kong, Australia, Singapore, and — soon — Canada are fragmenting traditional retail asset and liability gathering in most markets.

UOB's Fourth-Quarter 2018 Earnings May Outperform Peers

UOB’s full-year net profit is expected to come in around S$4.08 billion, with net interest income at S$6.29 billion, based on the average of five analyst forecasts.

European Bank Plans Expansion In Philippines

The BSP approved 12 foreign banks to operate in the Philippines after President Benigno Simeon Aquino III signed the Republic Act 10641 which is an act that allows the full entry of foreign banks in the country in July 2014.

Morgan Stanley Investment Management expands risk control team to Asia

Morgan Stanley Investment Management had US$463 billion of total assets under management or supervision at the end of 2018.

Goldman Sachs Is Getting More Bang From Japan's M&A Spree

Japan’s bankers are falling behind partly because of the high proportion of M&A deals involving foreign targets, where they are less well placed to provide advice, said Tomonori Ito, a professor at Hitotsubashi University.

Westpac's $2bn profit underscores advantages for 'big boy' banks

Bank of Queensland meanwhile underscored the challenges facing smaller lenders

Macquarie wins Investment Manager of the Year

Macquarie Investment Management was crowned Investment Manager of the Year at the Financial Standard Investment Leadership Awards tonight in Sydney.

Top foreign banks bid for role in sale of two LNG plants

Pakistan has received about 10 bids from groups seeking a financial advisory role and expects to pick banks by the end of March.

Australia's Macquarie CEO looks offshore for growth

“Apart from Business and Financial Services, all other four of our operating groups have found ... that they’ve reached a point of maturity in Australia, where they’ve really needed to expand offshore to grow their businesses,” she

Westpac CEO Brian Hartzer backs Kenneth Hayne on bank culture reform

Recommendation 5.6 of the royal commission said all financial services entities should assess "as often as reasonably possible" their culture and governance, then identify and deal with problems.

Investment Banks Struggling to Find Good Junior Talent

Overall 2018 was a mixed year for front office banking and financial services candidates.

Nomura's traders are thankful of being let go at the best time of the year for finding new jobs

"It's the perfect time of year for them to have been made redundant," says one Nomura insider of his absent colleagues.

Asian investment bank warns of private capital decline

Joachim Von Amsberg spoke with EURACTIV’s Jorge Valero

HSBC Said to Cut Over 50 Jobs in Investment Banking Division

Cull in global banking and markets unit to begin this week

US bank BNY Mellon lays off 300 in India

It had laid off 700 people towards the end of 2017.

Nomura plans to cut up to 50 staff from global trading division

The bank plans to slash staff numbers across Europe, Asia and the Americas, however Europe is expected to be hit hardest.

CIMB plans investment bank in the Philippines

"This includes the receipt of certificate of incorporation and certificate of registration for an investment house licence,"