05/29/2023
Deutsche Bank boosts investment in Vietnam to support growth
Bank nearly doubles its capital allocation in Vietnam, demonstrating strong commitment to the market
Investment Bank
05/17/2023
Morgan Stanley Layoffs May Now Hit 7% Workforce Of Asia-Pacific Investment Banking: Report
Official communication on this round of Morgan Stanley layoffs in Asia-Pacific investment banking unit, may happen as soon as this week
05/15/2023
Grameen Bank to open ‘Capitec Grameen Bank Growth Fund’
Grameen Bank signed the agreement as the sponsor of the fund and Investment Corporation of Bangladesh signed it as the trustee of the fund.
05/11/2023
Establishment of SMBC Asia Rising Fund, a Corporate Venture Capital Fund
Through the CVC, SMBC Group will enhance its business and provide clients with new solutions by uncovering/applying new technologies via partnerships with investee firms and the development of new business models/products.
05/10/2023
Stanchart Adds 100 Investment Banking Staff in China
Following the launch plan, Stanchart’s IB unit in China will focus on helping local companies to raise capital through exchange-traded fixed-income issuance.
04/30/2023
Maybank Indonesia 1Q pre-tax profit jumps 33%
Asset recovery fees (bank only) also increased by more than seven times to 142 billion rupiah as a result of the Bank’s intensive remedial efforts over the past year.
04/27/2023
Japanese bank Nomura's quarterly profit dives 76% as global banking worries hit
Investors grew more cautious about volatile markets as a banking crisis that started with the collapse of Silicon Valley Bank spread to Europe with the sale of Credit Suisse Group AG to its Swiss rival UBS Group AG.
04/25/2023
J.P. Morgan Rebrands China Fund Unit
In January, J.P. Morgan won approval from Chinese regulators to take full ownership of CIFM after first applying for the buyout in 2020.
04/13/2023
Goldman Sachs to enter transaction banking business in Japan
The service will be based on its cloud platform that was first launched in the United States in 2020, and Japan will be the first country in Asia to start it, the bank said.
04/05/2023
Natixis Corporate & Investment Banking Opens Securities Branch in Seoul, South Korea
Through the opening of the Seoul Branch, Natixis CIB will further expand its offering and client base in the market.
03/28/2023
Credit Agricole Launches Onshore China Unit
The unit, which began operations on March 10, is called Credit Agricole (Beijing) Advisory Services and will be overseen by Huai Yang as its head.
03/28/2023
Fusion Bank Launches Investment Service Offering Global Diversified Assets with Selected Funds
Customers can activate investment service in as fast as five minutes, and start investing in funds in just five simple steps.
03/27/2023
China’s rich flee crackdowns for ‘Asia’s Switzerland’ Singapore
Chinese wealth is rushing into the Southeast Asian city-state, prompting unease among some locals.
03/10/2023
Credit Suisse Shrinks Investment Banking Unit in Japan
Credit Suisse remains committed to our investment banking & capital markets clients throughout the APAC region, said a spokesperson for the bank.
03/09/2023
Hang Seng Bank Celebrates 90 Years of Deep-rooted Connections with Hong Kong
To embrace the community in its anniversary celebrations, the Bank has transformed its Hong Kong Main Branch and Headquarters Building into a party venue.
03/07/2023
BofA, Citi Cut Asia Investment Banking Headcount
JPMorgan also cut around 20 mostly mid-leveled investment bankers and Nomura cut 18 Asian banking jobs, the report added, most of which were focused on the China market.
03/01/2023
Maybank posts flat profits in 2022
The Malaysian bank’s wealth unit was boosted by investments and loan growth.
02/23/2023
Deutsche Bank invests in Australian paytech DataMesh
DataMesh consolidates the payment data cross border and enables Deutsche Bank clients to centrally control their payments across these currency borders and different jurisdictions.
02/22/2023
JPMorgan cuts about 30 investment banking jobs in Asia-Pacific
The cuts impact bankers both with a regional and China-focused remit and come as investment banks seek to reduce costs globally, the people said, playing down the impact of ongoing geopolitical tensions and China’s regulatory environment.
02/14/2023
Credit Suisse wins Jefferies banker, bonuses hinder First Boston reset
Under CSFB, the investment bank aims to win over bankers by offering a chance to get in at the ground floor of a rebranded firm, which promises to be leaner and less regulated than US peers like JPMorgan or European rivals like Deutsche Bank.