Managers of Wealth Asia Pacific

AIIB grows and thrives out of doubts

"No matter how big your stake is, or how many percent of the right to vote you hold, we welcome discussion,"

Macquarie Electronic Execution achieves top quality rankings with long only investors in 2020 Greenwich Asia (ex-Japan and Australia) Equities

Greenwich compiled the data and performed a statistical analysis to produce the final results.

Bank of China Manila established as RMB Clearing Bank in Philippines

The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, also welcomed the establishment of the RMB clearing bank.

Maybank temporarily closes 69 branches due to MCO

Maybank did not specifically mention Covid-19 in the group's Twitter updates.

Investment banking ripe for a shake-up

Investment banking is heading for a sea change.

UBS Celebrates Singapore Anniversary with Sustainability Splash

The Swiss major is celebrating its 50th anniversary in Singapore in 2020, with the launch of an immersive art installation and new commitments focused on sustainability.

HSBC break-up will turbocharge CEO's more lucrative Asian pivot

Though HSBC is already cutting roughly a third of its US retail branches, offloading the unit would be cleaner.

Axis Bank prunes overseas presence as it consolidates local business

The plan is to consolidate the services related to corporate banking, trade finance, treasury and risk management solutions through its Dubai, Singapore and GIFT city branches.

China Bank subsidiary says arranged nearly P150-B in debt securities in 2020

The deals it co-arranged include the Retail Treasury Bonds of the Bureau of the Treasury, the P6.57-billion Premyo Bonds 2, the P10-billion fixed-rate bonds of Ayala Land, and the P20-billion corporate notes of North Luzon Expressway Corp, among others.

Deutsche Bank bets on Asia recovery, targets higher profitability in region, APAC CEO says

That compares with a ROTE of 10 per cent in the region this year.

Alliance Bank says an employee at Menara Multi-Purpose is down with Covid-19

The bank further said it will carry out a thorough sanitisation on the affected floors of the building, as well as other common facilities, in accordance with health and safety guidelines.

Bank of Baroda completes integration of erstwhile Dena, Vijaya banks with itself

Over 5 crore customer accounts migrated

Top Chinese Investment Bank Joins SGX Securities Market

CICC's membership follows a memorandum of understanding it signed with SGX in July 2020 to bridge Singapore and China's financial markets.

Velotrade selected by MUFG Bank as partner for enhancement of digital trade services

As a leading global bank with deep roots in Asia, MUFG's transaction banking business has grown from strength-to-strength, with trade finance assets growing by 33% from 2017 to 2020 1H in East Asia.

UBS opens office in Hyderabad

Headcount in India has jumped 130% in two years

US investment bank Jefferies chooses KB over Mirae Asset

In addition, they plan to host various events for their clients, such as conferences overseas and non-deal roadshows.

Deutsche Bank hikes Asia profitability targets by half - exec

Deutsche Bank, like most other banks, was forced to supply liquidity to corporate customers ailing from the pandemic, some of which eventually went bust.

Saxo Bank 2021 Outrageous Predictions: The Future is Now

With a shared ledger structure, any content alterations would immediately be visible to everyone, and every news item is always traceable to its original source, suppressing misinformation that other sources can’t verify.

Goldman Sachs joins the heated race for CJ Olive Young’s pre-IPO placement

Goldman Sachs PIA has appointed state lender Korea Development Bank’s merger and acquisition team and Nomura Securities to design its bid, according to industry sources on Sunday.

Korean banks downsizing workforce

Shinhan Bank, one of the nation's biggest commercial lenders along with KB Kookmin Bank, plans to hire 250 new employees in the latter half of the year, down from 380 in 2019.