Managers of Wealth Asia Pacific

Macquarie Group 2021 Operational Briefing

Markets-facing businesses combined 3Q21 net profit contribution

SoftBank’s Vision Fund posts record $8bn profit on IPO boom

That led to an overall loss in the asset management arm of ¥113.5bn, up from ¥85.2bn in the previous three-month period.

DBS rolls out support measures for well-being of small business owners

Said Ms Joyce Tee, group head of SME banking at DBS: "With the economic situation and road ahead still uncertain, business owners must be ready for a long fight, and will need to take care of themselves to avoid burning out."

HSBC Considers Relocation of Top Execs

The bank has also said it intends to increase its rate of investment in Asia, particularly in wealth, the Greater Bay Area, South Asia, trade finance and sustainable finance, while scaling back investments in Europe and the U.S.

Cimb Is Best Islamic Bank In Malaysia And Best Islamic Investment Bank Globally

The awards are testament to the strong collaboration and synergy of the shared expertise across the Group in pursuit of the best solutions for our clients and customers.

Bidders for Bank of East Asia Insurance Unit Emerge

BEA Life had around HK$25.4 billion ($3.3 billion) in assets as of the end of June 2020, according to BEA's latest financial report.

AIA reportedly bids for Bank of East Asia life unit

“As such, there is no certainty that the potential transaction will proceed. Further announcement will be made as and when there is further material development of this matter.”

HSBC, set to accelerate restructuring, commits '100%' to Hong Kong

The bank's previously announced restructuring program

Morgan Stanley, Goldman set biggest bonus bumps for Asia bankers as deal flows rebound

Compensation for investment bankers was boosted by about 20 per cent at Morgan Stanley, 15 per cent at Goldman Sachs

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.