05/28/2018
Deutsche Bank job cuts being felt from Britain to Australia
Cuts in London-based emerging markets M&A team and in corporate finance in Australia
Investment Bank
05/28/2018
Inquiry looks at CBA Bankwest controversy
CBA has always rejected allegations it engineered customer defaults to reduce the price it paid for Bankwest
05/28/2018
Malaysia’s Maybank posts highest-ever Q1 profit on lower expenses
The results were supported by a better cost-to-income ratio of 47.6 per cent, versus 50.1 per cent a year ago, as fee-based and fund-based income growth outpaced rise in overhead expenses, the bank said in a statement on Monday.
05/23/2018
Banking royal commission: ‘No excuse for failures’ as NAB turns focus to customer
The royal commission held its second day of hearings yesterday into the treatment by banks of small business operators, focusing on problems that hit operators of pool, ice-cream and pie franchises.
05/23/2018
Malaysia’s Maybank Asset Management completes fund manager buys, gets new CEO
The company acquired AMB for 16.12 million ringgit and SUTL for 34.88 million ringgit from Permodalan Nasional, Malaysia’s largest fund manager.
05/23/2018
SMBC is the first Japanese bank to rethink coal financing policy
SMBC is among the lenders on the financing for the Nghi Son 2 coal-fired plant in Vietnam, which closed in April.
05/22/2018
Nomura Publishes Nomura Japan Equity TOP400 Ex-Financials Index
The index is released by Nomura, where the Quantitative Research Dept. is in charge of the development and the Index Operations Dept. is in charge of the calculation.
05/21/2018
CIMB Group bags industrial excellence recognition awards
CIMB Bank won the awards for Best in Treasury and Working Capital
05/21/2018
Korea struggling to nurture investment banks
"The FSS is reviewing documents filed by NH Securities that are awaiting business approval. But what I can tell you is the FSS has seen much progress," FSS Governor Yoon.
05/21/2018
Japan Post Bank to increase PE investments to over $18b by 2021
According to its Medium-Term Management Plan, the bank said it aims to acquire private equity investment opportunities through a joint investment company.
05/18/2018
ANZ offloads stake in Cambodian bank
ANZ says the sale of a 55 per cent stake in ANZ Royal Bank to Japanese financial house J Trust will equate to a $30 million loss.
05/17/2018
Japan Post Bank plans $1.5bn in-house hedge fund
Long-time passive investor is embracing risk in quest for greater returns
05/16/2018
Nomura, Ledger and Global Advisors Partner to Explore Building a Secure Digital Asset Custody Solution
The custody offering will address challenges faced by investors entering the sector.
05/16/2018
HSBC Singapore launches fast online-only life insurance platform
HSBC Insurance Online offers certain premium discounts if they answer four additional lifestyle questions.
05/15/2018
Japan's SMFG annual profit rises 3.9 pct to highest in three years
The result beat the 725.3 billion yen average of 14 analyst estimates compiled by Thomson Reuters.
05/15/2018
Inside Shanghai's robot bank: China opens world's first human-free branch
Little Dragon’ can chat to customers, accept bank cards and check accounts.
05/15/2018
Credit Suisse says buy CIMB
CIMB’s investment bank had an unfair advantage when it came to securing (& executing) deals.
05/15/2018
DBS Chief Has No Plans to Slow Down
While Gupta has no plans to slow down and says investors are starting to realize the benefits of DBS’s digital focus
05/15/2018
Japan's MUFG says profit rose 6.8 pct last year, misses estimates
Japanese banks have been suffering diminishing returns from loans to both retail and corporate customers due in part to the Bank of Japan’s five-year-old economic stimulus programme
05/14/2018
Japan’s leading banks to back SoftBank Vision Fund: Report
Softbank Vision Fund and its smaller affiliate, Delta Fund, make long minority and majority investments in both private and public companies