Managers of Wealth Asia Pacific

Japan's MUFG to expand lending business in Thailand with Grab's big data

"Since our investment phase is over, we are not considering making a big acquisition of commercial banks immediately but will harvest profits from the investments,"

Credit Suisse Halves Staff at Mainland Investment Bank

The report attributed part of the struggles to regulatory restrictions against the joint venture and financial problems marring the parent of Founder Securities, Peking University Founder Group Corp.

We’ve joined IBOS, an international banking network

Standard Chartered will initially add Singapore, India, mainland China, Hong Kong, Taiwan, and Malaysia to the IBOS network. In time, both parties will explore expanding the relationship to additional markets where Standard Chartered operates.

China plans to turn its lenders into universal banks

The release of licenses could also be seen as a strategy to counterbalance the imminent entrance or increase of weight of big foreign competitors that already offer a full spectrum of services.

Goldman India CEO Tells Clients Liquidity is the ‘Biggest Theme’

The impact of the pandemic is pressuring India’s sprawling corporates to refine their priorities, Chatterjee said.

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.