12/18/2018
Could Australian banks float their NZ subsidiaries?
Capital management initiatives usually means returning capital to shareholders, often through share buybacks
Investment Bank
12/16/2018
China Development Bank leads HNA asset sale team
The bank is not involved in individual sale negotiations but any deal would need its nod, according to two of the people.
12/14/2018
NZ bank says high credit card rates 'area of customer harm', wants investigation
Co-operative Bank's credit card interest rate was set at 12.95 per cent, the lowest of all major banks in New Zealand.
12/10/2018
Standard Chartered slashing jobs in Dubai, Singapore
Standard Chartered's job cuts are expected to affect Singapore employees, according to sources familiar with the matter.
12/10/2018
Public Bank launches new premier banking scheme for high net worth individuals
In a statement today, the group said this marks an important milestone for the bank in its growing high net worth customer base.
12/07/2018
Citi Offers Full Range of Apple Products in Loyalty Program
The bank cited more than 30 percent growth in the number of redeemers on the platform across nine markets in the region, in the nine months to September 30.
12/06/2018
SoftBank’s Vision Fund sets up investment team in China
Move comes as US regulators step up scrutiny of Masayoshi Son’s links to country
12/05/2018
HSBC China securities JV to quadruple China research coverage
HSBC is working to take advantage of what executives believe is a three-year headstart on international rivals because of its majority control, which it gained by virtue of rules favouring Hong Kong businesses.
12/04/2018
Bank of China to merge investment banking operations
As it finally starts to sort out its competing investment banking arms, Bank of China signals its intention to become a more formidable force across Asia
12/03/2018
StanChart to cut Singapore, Dubai jobs, say sources
The bank had around 86,000 staff at the end of June, up from about 84,000 in 2015.
11/29/2018
Industry funds lead revolt against bank bonuses
Australian Super, which has $8 billion invested in the big four banks and Macquarie, is likely to vote against the remuneration reports of Westpac, NAB and ANZ, but is yet to make a final decision.
11/23/2018
BAY seeks M&A jolt to investment banking
New corporate bonds issued this year are expected to reach 800 billion baht.
11/19/2018
Stanbic IBTC inaugurates Africa-China Banking centre
The opening of the centre was another significant step towards improving ease of doing business between Nigeria and China, coming after the signing of the bilateral currency swap agreement between the two countries earlier in the year.
11/16/2018
HSBC and China’s sovereign-wealth fund plan £1bn UK investment
Fund to invest in British companies with Chinese links
11/15/2018
Citigroup ‘eyeing exit from China Securities venture’
Citigroup’s talks with Orient Securities to raise the US bank’s stake to 51 per cent have led nowhere, leading executives to consider other options
11/14/2018
MUFG profit rises on improved earnings at borrowers
Mainstay banking operations are still burdened by low interest rates
11/12/2018
HBL signs agreement with largest Investment Bank in China
CICC and HBL have access to heads of leading companies, governments, regulators and other stakeholders which will ensure swift and seamless transaction execution.
11/07/2018
Joint Acquisition of PEXA
The Transaction aligns with CBA’s strategy to focus on its core banking businesses and to create a simpler, better bank for our customers.
11/07/2018
Chinese bank Haitong shrinks in London after £9m loss
Haitong's London operation, formed three years ago, has struggled to establish a sustainable business
11/06/2018
SoftBank reaffirms investment ties with Saudi Arabia
Quarterly net profit up fivefold to $4.6bn as Vision Fund returns start to feed through