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
Investment Bank
05/14/2018
Deutsche Bank CEO Vows to Stay Strong in Asia Amid Overhaul
Sewing pointed out that Deutsche Bank’s first steps abroad 150 years ago were in China and Japan.
05/13/2018
Top Japanese firms said agree to merge asset management
Daiwa SB Investments Ltd., part of Japan’s second-largest brokerage, plans to complete the merger with Sumitomo Mitsui Asset Management Co., a unit of the nation’s second-largest lender, in April 2019, the people said.
05/11/2018
Chinese banks, pitching safety and returns (maybe), lure customers into deposits
Fearful of a client exodus, banks are aggressively marketing structured deposits - a combination of mundane savings and risky derivative trading - to retain customers.
05/10/2018
HSBC basks in satellite glory
The Bangabandhu-1 Satellite, which is scheduled to be launched today if weather permits, will be the first Bangladeshi geostationary communications satellite.
05/10/2018
Nomura Applies to Establish Securities Company in China
The new company will first focus on leveraging Nomura’s expertise in face-to-face consulting to provide wealth management services to mass affluent individuals in China.
05/09/2018
China CITIC Bank eager to buy Belarusian bank
Belarus is interested in CITIC Group's expertise in finance and investment.
05/08/2018
Big risks, big rewards as China opens its financial sector to the world
Securities firms like Goldman Sachs and UBS have an opportunity to boost their share five-fold as they take more direct control of joint ventures, projections by Bloomberg Intelligence show.
05/08/2018
Westpac hit outs at Hayne inquiry's release of mortgage report
Pointing to Westpac's pristine credit quality during the presentation of its half-year results
05/08/2018
Citibank Posted IDR584 Billion Net Profit, 11% Loan Growth
In the first quarter of 2018, Citibank’s loan portfolio increased by 11 percent compared to the same quarter last year, driven by the growth in the Institutional Banking business.
05/08/2018
Activist investment rising in Asia, led by local players: JP Morgan
Similar trends are emerging in other parts of Asia.
05/08/2018
Better loan growth seen for CIMB in FY18
One of the factors that we believe will drive earnings growth is our expectations of better loan growth for FY18.
05/08/2018
Macquarie axes analysts amid MiFID II shake-up
'Handful' of job losses
05/08/2018
Westpac in fresh talks to sell Ascalon Capital Managers to listed player
Sources said the talks were not officially "exclusive", however both parties were keen to pursue a deal and Westpac was not talking to any other potential acquirers. Read more: http://www.afr.com/street-talk/westpac-in-fresh-talks-to-sell-asca
05/07/2018
HSBC’s big push into Asia: what it means for jobs at the bank
Asia generated $4,756m in adjusted profit before tax in Q1, up 8% from a year earlier.
05/04/2018
Japan's MUFG Bank opens regional center in Philippines
MUFG Bank is a member of Mitsubishi UFJ Financial Group Inc., which has over 2,000 offices in more than 50 countries.
05/04/2018
Macquarie platform, wrap businesses soar
Macquarie Group's platform, wrap and managed accounts businesses performed strongly in the full-year to 31 March 2018, latest financial results show.
05/04/2018
HSBC reports surprise pre-tax profit fall
The bank said revenue in the period rose 6% to $13.7bn.
05/04/2018
Macquarie delivers record profit
Net operating income of $A10,920 million in FY18 was up five per cent on FY17, offset by operating expenses of $A7,456 million, which were up three per cent on FY17.
05/03/2018
OCBC Malaysia hits record net profit of RM949m in FY17
The bank attributes the record earnings to stronger growth in total income, which grew 5% YoY