Managers of Wealth Asia Pacific

Japan bank Mizuho to offer staff shorter workweek on reduced pay

Mizuho joins local and global rivals in questioning how staff and businesses will operate once the coronavirus pandemic subsides.

Citi’s Partnership with UNDP Strengthens across Asia

Citi’s support is being utilized for the most vulnerable and marginalized communities across the region including families below the poverty line, women at risk and migrant workers.

The Banker's Investment Banking Awards, 2020

Banks that have shown tenacity and determination to keep going and drive through deals within the most challenging of circumstances have come out on top in The Banker’s Investment Banking Awards for 2020.

More banks expect deeper contraction for Philippines this year

The Philippine economy slipped into recession after contracting by a record 16.5 percent in the second quarter from 0.7percent in the first quarter as the entire Luzon was placed under enhanced community quarantine in the middle of March.

OCBC prices $200 mil 3% perpetual capital securities first callable in 2030

The securities will be giving holders semi-annual distributions in arrear at a fixed rate of 3% per annum.

BEA Readies Insurance Arm Sales Plan

BEA Life had about HK$25.4 billion ($3.3 billion) in assets as of the end of June, according to the latest financial report, with commission income rising over 49 percent in the first half.

Top deal makers to lead Magellan and Barclays investment bank startup

Ken MacKenzie, the chairman of BHP and former chief executive of Amcor, will join in early 2021 as a senior strategy partner. Cynthia Whelan, who has held executive positions at Scentre Group and Telstra, is a senior adviser.

Investment banking fees down in Singapore

Activities across M&A, DCM and ECM decline from 2019 levels

HSBC HK shares drop to lowest since 1995, StanChart falls after 'FinCEN' leak

HSBC shares in Hong Kong fell as much as 4.4% to HK$29.60 on Monday morning, the lowest since May 1995, while StanChart dropped as much as 3.8% to HK$35.80, the lowest since May 25 this year.

BEA UnionPay Debit Cards Linked to UnionPay App

Greater convenience in mobile payments across the GBA

Deutsche Bank provides USD43 million structured trade finance facility to CNTIC for electricity generation project in rural Myanmar

Myanmar has been facing the challenges of electricity deficit

Chinese banks see rising asset custody business

Banks' asset custody services include capital settlement, asset safekeeping and wealth management.

DBS is World's Best Bank for the third year in a row

The 2020 Global Finance title makes it the third consecutive year that DBS has been honoured with a global Best Bank accolade.

RMB house of the year: Crédit Agricole Corporate and Investment Bank

The client adds that the French bank is well-placed to meet the growing demand for foreign exchange hedging in China’s capital markets.

DBS to Form Securities Joint Venture in China

The bank had been in discussions to set up a securities firm in China together with a local partner as far back as 2018, finews.asia previously reported.

Maybank Singapore to offer 100 traineeships to fresh grads, mid-career workers

Mr Wong Keng Fye, head of human capital at Maybank Singapore, said that the bank is taking a "holistic approach" to care for colleagues during this "challenging period" by helping those who may need financial assistance.

KB Kookmin Bank to acquire 67% stake in Indonesia's Bank Bukopin

Securing the largest shareholder and management rights, expanding synergy with KB Financial Group

Saxo Markets in Singapore sees Record Number of New Clients

The direct client base grew with more than 80,000 new active clients, bringing the Group to a record high total of more than 620,000 clients.

UOB to resume full branch operations in Singapore; all OCBC and most DBS branches reopen

Most DBS Bank branches have also reopened.

BEA Announces Securities Trading Offers

From now until 31st March, 2021