Managers of Wealth Asia Pacific

The commodities slump won't undermine Australia's banks

Sadly for the dwindling band still shorting the country's big four banks, there's little evidence such problems will pose more than a temporary speed-bump to their earnings.

China bank profits flat-line as bad debts continue to soar

Profit growth has slowed in recent years while the sector tackles its greatest challenge since the global financial crisis, with bad loans at a 10 year high while funds set aside to cover the losses fall close to regulatory limits.

Bank Alfalah Earns Profit Before Tax Of RS 12.6 BLN

An announcement here on Monday said that earnings per share increased by 16 percent and were reported at Rs 4.73 as against Rs 4.09 in 2014.

Citic Profit Misses Estimates Amid Losses From Resources Unit

Citic Ltd. sprang from Citic Group, China’s first state-owned investment corporation, which was set up in 1979.

Hong Kong insurance premiums rise in 2015

The Office of the Commissioner of Insurance in Hong Kong released provisional statistics of the local insurance industry for 2015, showing an increase in premiums for the year.

IDBI Bank gets board nod to raise up to ₹20,000 cr in FY17

On February 23, the public sector bank said that the market regulator had acceded to its request to raise capital by issue of equity shares aggregating to ₹3,771 crore by way of a qualified institutional placement.

India-Born Hinduja Brothers Top Britain's 'Asian Rich List'

The 'Asian Rich List' assesses the total wealth of Britain's top 101 richest Asians and is compiled by UK-based publishing house Asian Media and Market.

India Inc sees private equity-deals worth $1.19 billion in February: Grant Thornton

The total PE-investments in the first two months of this year amounted to USD 2.31 billion through 191 deals, a jump of 23 per cent in value terms over the same period last year.

Baillie Gifford Shin Nippon Annual Results

The share price increased by 39.6%.

Noah Holdings Q4 Earnings Rise

This release contains translations of certain RMB amounts into US$ for convenience.

AXA IM sees inflows double

The inflows brought total assets under management to €669 billion ($988 billion), up 7% on 2014.

BoK posts profit after tax

The private sector was represented by Maqsood Ismail Ahmad and Javed Akhtar.

EastWest Bank net income dips

Its core revenues were up as its lending business continued to expand.

Maybank Islamic expects up to 10% growth in financing for FY16

In FY15, Maybank Islamic’s gross financing grew 21% to RM131.1 billion from the previous year

VistaJet Announces Double-Digit Growth in Flight Traffic and Record Number of Passengers in 2015

The company built on its strong track record for entering new markets by successfully launching in country services in China with an in country registered aircraft.

Summit Bank profit down 5.3%

A stock notice on Monday reported (diluted) earnings per share of Summit Bank at Rs0.09 as opposed to Rs0.12 in 2014.

VP Bank seeks further acquisitions

We will also take advantage of market opportunities as they open up in order to invest in growth through acquisition.

Slater & Gordon In Hands of Banks

The Melbourne-based company posted a $958 million first-half losss, which is three times the combined profits since it became the first law firm in the world to float on a stock market in 2007.

EQT reveals slight profit slide

Equity Trustees has released its interim 2016 results, revealing a slight 8.6% decline in net profit after tax to $7 million.

IRESS announces wealth management growth in ANZ

The company recorded a statutory net profit of $55.4 million for the 12 months to 31 December 2015, up by 9 per cent over the prior year.

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