Managers of Wealth Asia Pacific

DBS Inks Taxi Tie-Up

The two parties previously partnered to introduce QR code payment for taxi rides in 2017, which helped pave the way for consumers in Singapore to use QR code payments widely in everyday transactions.

Nomura to Sell Stake in BDO Nomura

Nomura does not expect the divestment to have a material impact on its consolidated results.

Are OCIO services gaining traction in Asia?

Several players have launched outsourced chief investment officer services in the region, with BNY Mellon IM being the latest to roll out such service.

HSBC hits out at ‘rumours’ with China investment vows

The comments came after HSBC this month publicly voiced its support for a new security law China is planning to enact in Hong Kong after pressure from officials and Chinese media.

China’s $3.5tn wealth management product market suffers losses

While the potential losses in most cases is less than 1%, they could undermine depositors’ confidence in the already fragile banking system.

UPDATE 1-Japan's banks face no immediate threat despite rising credit costs - lobby head

As the coronavirus outbreak has eroded company profits, the government has urged financial institutions to help finance virus-hit firms.

Nomura to Announce First Quarter Operating Results on July 29

Financial statements and presentation materials will be available on the Nomura

Komainu Emerges to Address Financial and Security Challenges for Digital Asset Institutional Investors

Secure and compliant digital asset custodian for institutions debuts, announces executive team

UBS co-head of global M&A Greg Peirce heads back Down Under

He's a long-time UBS operative specialising in industrial sector M&A deals, and kept advising a handful of Australian clients during his time in Hong Kong including Wesfarmers on its lithium forays.

Malaysia's PNB evaluating external managers for global, emerging-markets bond portfolios

Currently, only 10% of PNB’s assets is invested abroad. Mr. Jalil first disclosed the new target on May 4 when PNB announced its 2019 results.

Another feather in cap! HDFC Bank wins this prestigious award

The Annual Best Bank survey of the financial magazine based in Hong Kong, aims to identify which banks in Asia-Pacific have excelled across a range of banking activities over the past 12 months.

Nomura reviews scale of operations in Hong Kong

Bank CEO’s comments come as US companies express concern over China’s security law

HSBC Adds Offshore Investment Options

A QDLP pilot was launched by China’s State Administration of Foreign Exchange in 2013.

SoftBank’s Vision Fund plans to cut 10% of staff as startups sour

SoftBank founder Masayoshi Son and his $100 billion Vision Fund changed the tech industry by handing out enormous checks to relatively unproven startups.

Bank of Japan’s massive ETF purchasing seen benefiting top brokers

The BoJ plan diminishes the need for asset managers to compete on charges, the professor said.

BEA Union adopts Hong Kong OFC structure

Hong Kong’s Securities and Futures Commission has authorised BEA Union Investment to launch an Apac fixed income product structured as an “open-ended fund company”.

Goldman Sees Worst India Recession With 45% Second Quarter Slump

India’s government has extended its nationwide lockdown until May 31, while further easing restrictions in certain sectors to boost economic activity, as coronavirus cases escalate across the country.

Macquarie delivers $2,731 million profit and declares $1.80 per share final dividend

This ultimately led to earnings per share of $7.91, down 10% on FY 2019.

Japan's Nomura posts fourth-quarter loss as global markets tumble

Net profit for the year ended March came in at 217 billion yen, compared with an average estimate of 276 billion yen from five analysts polled by Refinitiv.

HSBC Taiwan partners with Ascenda to enhance rewards offering

The new capabilities are being deployed effective immediately for Traveller's Card and will be introduced to HSBC Taiwan's existing customers progressively.

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