03/11/2019
This strategic plan envisages 5 per cent compounded annual growth, a rate which will see the bank grow its market share in a broader market where growth averages 4 per cent.
03/06/2019
The creation of a full-fledged subsidiary in India allows us to scale up further and bring to customers a more compelling proposition.
03/05/2019
International asset-building seems far from over for Japanese megabanks, in a bid to diversify and seek growth opportunities away from a subdued domestic market
03/05/2019
The addition of Chinese bonds to Saxo Bank’s global multi-asset offering strengthens Saxo’s position as a gateway to China for international investors
03/04/2019
The bank this year plans to focus on consolidation in markets its recently entered, including those in Africa, Pakistan and Bangladesh.
02/28/2019
The targets are companies with between $500 million to $2 billion in annual revenue and international ambitions, including known brands that already use JPMorgan for their U.S. business and companies whose owners are JPMorgan private wealth clients.
02/27/2019
SOFR is a benchmark established in April 2018 by the Federal Reserve Bank of New York that provides a measure of the cost of financing Treasury securities overnight.
02/27/2019
Latest figures show costs are bloated, at just under 70% of income; return on tangible equity was just 5.1%
02/25/2019
Key ratio edges higher than long-term trend
02/24/2019
Sumitomo Mitsui will provide a range of banking and consultancy services for Japanese companies in Saudi Arabia.
02/24/2019
Open Banking regulations from Europe to Hong Kong, Australia, Singapore, and — soon — Canada are fragmenting traditional retail asset and liability gathering in most markets.
02/21/2019
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.
02/20/2019
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.
02/19/2019
Morgan Stanley Investment Management had US$463 billion of total assets under management or supervision at the end of 2018.
02/19/2019
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.
02/18/2019
Bank of Queensland meanwhile underscored the challenges facing smaller lenders
02/15/2019
Macquarie Investment Management was crowned Investment Manager of the Year at the Financial Standard Investment Leadership Awards tonight in Sydney.
02/15/2019
Pakistan has received about 10 bids from groups seeking a financial advisory role and expects to pick banks by the end of March.
02/12/2019
“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
02/10/2019
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.