Managers of Wealth Asia Pacific

Cimb, capBridge to provide firms access to private capital

The wide-ranging partnership provides a unique value proposition to CIMB’s SME

CIMB partners CapBridge to offer customers access to private capital, liquidity

CapBridge's founder and CEO Johnson Chen, meanwhile, said private companies will get a fully integrated private capital solution within the CapBridge eco-system.

Japan's largest bank targets big job cuts among London managers

MUFG will accept applications until the end of July and the number of retirees will be decided on that basis, a person with knowledge of the matter said.

OCBC Bank finances large scale solar project

"Our two-pronged approach is to first cease financing coal-fired power plants and then replace them with greener alternatives such as the LSS plant in Perlis.

Q4 Results: Bank Of Baroda Posts Surprise Loss As Provisions Rise

Its gross non-performing assets narrowed to 9.61 percent from 11.01 percent as of December.

Hard times ahead for platforms

Platform fee pressure has accelerated by 8% CAGR over the last four years with admin fees going down to 57bps, 45bps for contemporary products and 100bps for legacy products.

MUFG eager to extend checkbook to high growth US tech

Bank seeks big returns from pre-IPO and mid-cap companies as home market stalls

Nomura's retreat again highlights how Japan's banking behemoths struggle to succeed abroad

These results, combined with entrenched rock-bottom interest rates, point to cost-cutting as a priority — especially abroad.

Major Japanese banks' profit drops as low interest rates cut margins

Mizuho Financial Group said its net profit fell below 100 billion yen for the first time since the year to March 2009 when it was hit by the global financial crisis.

World's Largest Banks 2019: U.S. Takes Aim At Chinese Dominance

Bank of America entered the top-five on the Forbes Global 2000 list, now sitting at #5 due to its strong financials and $272 billion market capitalization now put it just behind Agricultural Bank of China, which ranks #4.

Goldman Sachs applies for Tokyo banking licence

Investment bank to launch global cash management business as part of plan to diversify

Here’s how much you’ll really earn at Citi in Singapore

Insiders at Citi in Singapore tell us that the bank has a reputation for keeping hold of its top performing staff by offering them promotions and relocations across Asia

Dubai's Nimai Capital's Dh550.5m fund to invest in Asia, Africa

The Fund will be regulated by the Cayman Islands Monetary Authority.

Singapore's OCBC beats estimates, rounding up strong quarter for banks

Net interest income grew to a record S$1.53 billion, up 8 percent from a year earlier. OCBC's shares rose 1.1 percent in early trade in a broader market up 0.3 percent.

JPMorgan close to being first foreigner to get majority in China fund venture

The open bidding process begins on May 8, and will continue until June 4.

Australia's Macquarie downsizes in the Gulf: sources

In the UAE, the Australian bank is downsizing its operations in Abu Dhabi, sources familiar with the matter told Reuters.

Westpac share price drops on disappointing 2019 half year profit

The bank predicted a challenging second half amid softening house prices and slowing credit growth, but said restoring customer trust remains a priority.

StanChart hails turnaround progress with US$1b buyback plan

Bank's pre-tax profit grows to US$1.38 billion in the January-March period from US$1.26 billion a year ago

RHB to be ‘pragmatic’ in facing challenging investment banking scene overseas

He said the investment banking businesses in Indonesia and Thailand have room to expand via organic growth while in Singapore

Bank of Japan vows to hold rates at zero until spring 2020

Central bank’s forward guidance suggests inflation target remains a long way off

Investment Bank