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.
Investment Bank
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
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.