Managers of Wealth Asia Pacific

UOB in tie-up with state firm to provide financing for infrastructure projects in Indonesia

UOB and SMI first struck a partnership in 2013 to provide term loans for infrastructure projects such as toll roads and power plants.

India’s Axis Bank opens office in Sharjah

The UAE has the largest NRI community in the world

HSBC Singapore ramping up investment for consumer and wholesale business, hiring 300 more

The Raffles Place launch "signals HSBC's intention to increase investment into Singapore across its consumer and wholesale banking businesses as part of a new three-year country plan", the bank said in a statement.

Commerzbank Bullish on Chinese equities in 2018

The year 2017 has generally been a great year for equity markets worldwide, where China has been one of the largest beneficiaries of the bull run.

Standard Chartered Malaysia bags two awards at Asia Trailblazer Awards 2018

The bank was also recognised as the first retail bank to introduce mobile gamification via Shake and Win

ICBC lists 2 bonds on Nasdaq Dubai

ICBC, the world’s largest bank by assets, set up its Dubai branch in 2008, which is the first branch set up in the Middle East by a Chinese bank.

Huge fraud at Indian bank spurs privatisation calls

Critics say scam highlights rot in state lenders and need for change

China Development Bank promises investment into specific sectors of Nigerian economy

The ‎CBD President said,the targeted investments are off shoot of some of the commitments made by President Buhari during his April 2016 China visit ,when he led a delegation of Nigerian government officials to a high level bilateral business meeting

CBA denies majority of latest AUSTRAC allegations

Of the 230 suspicious matter reporting obligations, the bank admitted it "made errors" in 98 instances - 53 SMRs were filed late and it failed to submit a further 45.

China Construction Bank Seen as Pick for BlackRock, Goldman

Most analysts recommend buying nation’s second-largest lender

Hang Seng Bank 2017 Net Profit Rises 23.5% On-Year

Operating profit up 24% to HK$23,547m (HK$19,034m in 2016)

Singapore's UOB Raises Dividend As 4Q Net Profit Rises 16%

The bank's net interest income rose 15% to S$1.46 billion, helped by higher loan volumes and as net interest margin improved 12 basis points to 1.81%.

OCBC Profit Jumps on Higher Income From Lending, Wealth Business

That beat the S$956 million average forecast in a Bloomberg survey of seven analysts.

UBS Increases Asia Investment Banking Bonus Pool by 6%

UBS seeks to retain junior bankers, boosting pay by about 12%

NAB reports 3% rise in first quarter profit

However, the group’s expenses rose by 4% during the first quarter due to investment and job cuts announced previously.

SoftBank in talks to take Swiss Re stake worth up to $11bn

Acquisitive Japanese conglomerate eyes expansion into financial services

Singapore's DBS expects higher margins as fourth quarter profit jumps

Kicking off the reporting season for Singapore’s banks on Thursday, DBS said its fourth-quarter net interest margin, a key gauge of profitability, rose seven basis points to 1.78 percent.

CBA puts away $500m for regulatory costs

The banking group said it has set aside $375 million for an estimated civil penalty in relation to the ongoing AUSTRAC proceedings in the Federal Court.

SocGen expects increased investor interest in its new DLCs

Mr. Chan expects the daily turnover to increase over time, but says the company does not have specific turnover goals.

Indonesia's largest bank posts 49% net profit jump in 2017

Bank Mandiri expects slower growth this year as competition heats up

Retail Banking