Managers of Wealth Asia Pacific

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.

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.

HSBC Reviews Equities Unit

Global equities revenues were $1.2bn (£930m) last year, representing about 2 percent of group revenues.

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

South Africa's Absa Plans China Office in Asia Investment Banking Expansion

Bank seeks on-the-ground presence from next year, CIB CEO says

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

Investment Banking: From Bad to Worse

If business leaders are confident about the future of their industries, they are more likely to buy rival firms.

OCBC Bank to Commence JCB Cards Acceptance in Singapore

This new partnership with JCB is an indication of our continuing work to establish a higher level of card acceptance that goes beyond Visa and Mastercard.

Hang Seng Bank celebrates Dow Jones Sustainability Recognition

Only the top 20% of the highest-scoring firms are selected to become part of the index.

Maybank Kim Eng To Launch Trading Capabilities for Southeast Asia

ASX-listed Iress has been providing financial software to clients in Asia since 2010 and to Maybank Kim Eng since 2015.

Standard Chartered report names key Emerging Markets as world leaders for Trade Growth Potential

Vietnam and Thailand performed similarly well in the trade readiness pillar; this is defined as being a market’s foundations for future trade growth.

MUFG to cut jobs in Hong Kong, Singapore

There will also be job cuts in the Asian debt capital markets team, but it will remain largely intact.

MUFG announces rebranding of Colonial First State Global Asset Management

Colonial First State Global Asset Management is rebranding to First Sentier Investors.

How Investors Get Access in Asia

Investors and company executives rank the region’s best corporate access providers in Institutional Investor’s seventh annual survey.

Asia structured products house of the year: Societe Generale

Asia Risk Awards 2019

Global growth slows further with escalating trade disputes – NAB

Growth in the five largest emerging markets economies also slowed.

Credit Suisse hopes to keep on backing Asian entrepreneurs

The approach has allowed the bank to boost its standing as what it calls an entrepreneurs' bank for Asian

UOB Legally Demands $4 Million Debt Payment

The company is presently seeking legal advice and is engaging with UOB to remedy the situation, it added.

IMB Bank Delivers Strong Performance in a Challenging Market

Continues to grow profit and maintain margin while growing deposit and loan portfolios and improving services and experience

UBS Asset Management drops fees

The changes came into effect on August 29.