Managers of Wealth Asia Pacific

Inside Nomura’s ambitious plan to take on Wall Street: ‘Clients will pay for the best bankers’

McDermott picks up the mantle for a fresh Wall Street expansion at Nomura.

Credit Suisse Mulls Asian Investment Bank Consolidation

According to the report, a decision is due soon, as the Credit Suisse board is meeting next week to discuss the strategic review being undertaken by chairman Horta-Osorio and McKinsey & Co.

UOB Appointed Cross-Currency Dealer for Yuan and Rupiah

ACCDs aim to promote the settlement of international good and services trade and direct investments in the local currencies of China and Indonesia.

Saxo Markets Singapore crosses SGD10 billion in clients’ assets

As many countries now slowly transition to a more normal state of affairs, we continue to see an increased interest in investing from both experienced investors and the many individuals investing their savings for the first time.

Barclays Bank infuses over Rs. 3,000 crore capital to grow India operations

As economic activity gathers momentum, there is increased demand for capital from clients.

Westpac supports NSW Land Registry Services with $300m sustainability linked loan

The SPTs have been externally reviewed by Ernst & Young and are consistent with the Asia Pacific Loan Market Association’s Sustainability Linked Loan Principles.

Investment banks in Australia shop for talent after raid by startups

The country has seen $108.7 billion in M&A deals this year, a record high and more than quadruple the year-earlier level, making it the second-biggest market in the region after China.

Mizuho Bumps Pay for Junior Bankers

The banks are hoping stem a tide of defections of burned out bankers, and stave off moves to the tech sector, where banking talent is in demand as it muscles in on financial services.

BNY Mellon Sweeps Twelve Industry Services Awards in Asia Pacific

Awards recognize our commitment to providing world-class, innovative and collaborative investment services across the region

Westpac predicts strong economic boost as Queensland wins 2032 Olympic Games

"This is a big win for Queensland that will have positive impacts for the entire country, as Australia has another opportunity to be showcased on the global stage."

Jefferies and SMBC Group Announce Strategic Alliance to Drive Growth

Jefferies and SMBC Group to Collaborate on Future Business Opportunities to Enhance Value to Their Clients and Accelerate Strategic Initiatives

Asia investment banks: scramble for talent bids up pay

Nomura’s non-interest expenses increased 13% in the year to March, due to a 6% increase in wages and allowances. Banker payments accounted for 43 percent of Nomura’s non-interest expenses.

Maybank IB clinches top awards at FinanceAsia Country Awards, Alpha SEA

Maybank IB chief executive officer Fad’l Mohamed (pic) said: “Like many companies, our teams at Maybank IB had to quickly pivot to respond to the challenges brought on by the pandemic.

A second bank in Hong Kong has not paid bonuses

Last year, both ICBCI and CCBI paid their bonuses in September instead of March, and bankers fear a repeat this year. “ICBCI is late, but they’re not as bad as CCBI so we still expect to get paid,” said a source at the bank.

Goldman, HSBC to Open Hong Kong Offices Fully as Virus Wanes

Further sign financial hub is getting back to business

UOB Partners Chronicle for eFX Engine

The bank previously announced that it would launch an electronic foreign exchange pricing and trading engine in Singapore

The Hong Kong banker who switched to a corporate for the ‘best of both worlds’

Senior bankers are well paid, but they can earn multiples of their salary by having skin in the game and guiding a company to an initial public offering.

Goldman Sachs buys stake in Indian research firm

Says it is ‘well positioned to benefit from increased outsourcing by the life sciences industry’

Goldman Sachs Is on an Unprecedented Hiring Spree in China

The five-year plan presented to the board in late 2019 envisioned doubling Goldman’s workforce to 600 in China, and expanding in advisory, securities and wealth management.

UOB's Chan Kok Seong on Risk Culture and Hybrid Work

UOB's TMRW Sees $10 Billion Market