11/11/2019
Citigroup, JPMorgan & Morgan Stanley to oversee Alibaba's Hong Kong listing
Nonetheless, while being asked about the subject-matter, representatives of Alibaba, JP Morgan alongside Morgan Stanley had declined to comment
Investment Bank
11/07/2019
OCBC Q3 provisions jump on weaker economic outlook
Third quarter core net profit resilient, rose year-on-year and from a quarter ago. Record nine months earnings from banking, wealth management and insurance franchise.
11/01/2019
BNY Mellon Steps Up Commitment to Becoming a Driving Force in Singapore's Digital and Fintech Ecosystem
Singapore has continued to cement its position as a global hub of innovation in financial services due to the leadership of the Monetary Authority of Singapore.
11/01/2019
Australia's Macquarie posts record first-half on trading, asset management gains
Despite this week’s announcement of its exit from its cash equities units in the United States and Europe, Macquarie’s Commodities and Global Markets business reported a 15% jump in operating income to A$2.47 billion, driven by oil and gas tra
10/31/2019
Macquarie to cut jobs
The group added it is also seeking strategic partners in the Americas to further enhance its client offering.
10/30/2019
Bank of Singapore: Asian Investors Reach for More Untraditional Bonds
Equity markets generated a weak 2018 with the MSCI World posting -8.2 percent performance but has delivered a strong rebound year-to-date at 18.5 percent.
10/29/2019
Lower Margins Ahead For Singapore Banks
Analysts are also watching non-performing loan ratios amidst a weaker global economic environment.
10/29/2019
Hong Kong Bank Profits Seen Falling 67% in JPMorgan's Worst Case
That would lead to significant deterioration in return on equity and core capital buffers, analysts led by Jemmy Huang told clients in a note Monday.
10/23/2019
Maybank: Chinese leaving no sweat for Philippines
China accounted for only 5.9 per cent of total visitor arrivals in the Philippines in 2012 before the first casino opened, but the share has climbed to almost 22 per cent as of August 2019,” Maybank said.
10/23/2019
JPM, SocGen Earned $6.8mn on Money-Losing DLFs Sold in Korea
The FSS data, acquired and released by lawmaker Je Youn-kyung, reportedly shows that JP Morgan Chase received a commission income of KRW 1.7 billion from Woori Bank for designing DLFs tied to German government bond yields.
10/22/2019
Jefferies readies Affinity's MedicalDirector for buyers
While the sale process is at a very early stage, Jefferies has started contacting trade and other potential buyers to introduce the company, as first reported by this column on Tuesday.
10/22/2019
What’s the latest for the HSBC share price ahead of its Q3 earnings?
HSBC will unveil its Q3 results next week, with investors eager for an update on the bank’s performance after a mixed first six months of trading that saw its Asia business offsetting rising operating costs.
10/21/2019
BEA launches its second HK retail FMP
BEA Union Investment aims to build an enhanced yield-generating portfolio from Asian bonds.
10/21/2019
JPMorgan, SocGen earn W7.7 bil. from DLF fiasco
The lawmaker pointed out the financial services companies did not bear any risks in the process.
10/17/2019
Citigroup to set up wholly owned business in China
The China Securities Regulatory Commission last week said that overseas institutions could apply for total control starting next year.
10/16/2019
Citi to set up wholly owned securities business in China
A late entrant into China’s securities market, Citigroup is among the first global banks planning to take advantage of China’s decision to allow full foreign ownership of financial services companies in the country.
10/14/2019
HSBC Reviews Equities Unit
Global equities revenues were $1.2bn (£930m) last year, representing about 2 percent of group revenues.
10/14/2019
Bank of Baroda announces merge of Mutual Fund arm with BNP Paribas
The merger will leverage on the depth of BNP Paribas’ asset management knowledge and experience in running Indian retail networks
10/11/2019
South Africa's Absa Plans China Office in Asia Investment Banking Expansion
Bank seeks on-the-ground presence from next year, CIB CEO says
10/10/2019
HSBC to lay off staff in India operations as part of cost-cutting drive
As many as 40 staffers, in the key equities and investment banking division in India, could be asked to leave