Managers of Wealth Asia Pacific

FIG Investment Banking Duo Departs HSBC

Asia’s investment banking industry has recently experienced a rise in turnover

China Renaissance considers investments in high-growth Middle East companies

Chinese investment bank is also exploring options to expand in the region, chief executive Fan Bao says

DBS Bank India acquires 9.9% stake in Svakarma Finance

DBS will continue to identify opportunities to support lending to micro enterprises in a cost-efficient manner through its own expanded franchise as well as through partners.

Deutsche Investment Bankers Join Exit Wave in Hong Kong

As of end-May, Hong Kong’s main board raised around HK$17 billion ($2.2 billion) from IPOs – down 91 percent year-on-year – according to data from the city’s exchange.

SIX Swiss Exchange Gets First Chinese Member

SIX Swiss Exchange is Switzerland’s main stock exchange, with services in other securities, such as bonds and derivatives.

China Merchants Loses Investment Bankers

The departures include two vice presidents and some associates.

Citigroup To Hire 3,000 In Asia Institutional Banking Business In Growth Push -Asia CEOS

The bank’s main regional institutional business are in Hong Kong and Singapore, and Babej said that these two hubs would be a key focus of the 3,000 additional headcount for the unit.

Two Chinese Investment Banks Plan Major Layoffs

The investment bank is believed to be cutting staff after having taken advantage of the booming IPO market last year to expand in Hong Kong

Barclays partnership with Barrenjoey Capital Partners

In September 2020, Barclays invested A$45m (c.£25m) in Barrenjoey for a 9.99% economic interest and a 4.99% voting interest.

China's insurers now have wider investment options

The new rules removed many of the stringent requirements for third-party investment firms before they can handle insurance funds.

SoftBank posts record $26bn Vision Fund loss amid tech sell-off

Billionaire founder Masayoshi Son pledges to bolster the group's cash position through asset monetisation and tighten investment criteria

HSBC Prepares to Defend Against Break-Up Call

Analysts have expressed limited optimism about the potential upside of a break-up and separation of the Asia business, with reduced global connectivity cited as the top concern for the bank’s market value.

Global investment banks in China finally turn a profit

Wall Street and European banks reap rewards after Beijing scrapped foreign ownership limits

SocGen Caught Between Hong Kong and Singapore

The bank officially designated Singapore as the backup location for its Asia headquarters, one of the sources indicated

Morgan Stanley Names Three Senior Banking Sector Heads in Asia

A Morgan Stanley spokeswoman confirmed the appointments.

Malaysia’s Kenanga Digital Investing assets top 100 million ringgit in two months

KDI Save, one of the products on the platform, allows customers to earn daily returns on savings with no lock-in period and zero management fees.

BofA Moves Some Hong Kong Dealmakers to Singapore

The American lender’s latest move marks another example of the waning tolerance for doing business under the restrictions of Hong Kong’s current zero-Covid regime.

Japan banks target growth in cooling U.S. high-yield debt market

The market for non-investment grade financing will likely remain on a growth trend.

HSBC Malaysia opens new head office in TRX Kuala Lumpur

A total of 5,000 employees will be based in the bank’s new office at the Menara IQ building.

Deutsche Bank trades highest volumes on Indonesia’s first interbank FX engine

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