Managers of Wealth Asia Pacific

Citi Offers Full Range of Apple Products in Loyalty Program

The bank cited more than 30 percent growth in the number of redeemers on the platform across nine markets in the region, in the nine months to September 30.

SoftBank’s Vision Fund sets up investment team in China

Move comes as US regulators step up scrutiny of Masayoshi Son’s links to country

HSBC China securities JV to quadruple China research coverage

HSBC is working to take advantage of what executives believe is a three-year headstart on international rivals because of its majority control, which it gained by virtue of rules favouring Hong Kong businesses.

Bank of China to merge investment banking operations

As it finally starts to sort out its competing investment banking arms, Bank of China signals its intention to become a more formidable force across Asia

StanChart to cut Singapore, Dubai jobs, say sources

The bank had around 86,000 staff at the end of June, up from about 84,000 in 2015.

Industry funds lead revolt against bank bonuses

Australian Super, which has $8 billion invested in the big four banks and Macquarie, is likely to vote against the remuneration reports of Westpac, NAB and ANZ, but is yet to make a final decision.

BAY seeks M&A jolt to investment banking

New corporate bonds issued this year are expected to reach 800 billion baht.

Stanbic IBTC inaugurates Africa-China Banking centre

The opening of the centre was another significant step towards improving ease of doing business between Nigeria and China, coming after the signing of the bilateral currency swap agreement between the two countries earlier in the year.

HSBC and China’s sovereign-wealth fund plan £1bn UK investment

Fund to invest in British companies with Chinese links

Citigroup ‘eyeing exit from China Securities venture’

Citigroup’s talks with Orient Securities to raise the US bank’s stake to 51 per cent have led nowhere, leading executives to consider other options

MUFG profit rises on improved earnings at borrowers

Mainstay banking operations are still burdened by low interest rates

HBL signs agreement with largest Investment Bank in China

CICC and HBL have access to heads of leading companies, governments, regulators and other stakeholders which will ensure swift and seamless transaction execution.

Joint Acquisition of PEXA

The Transaction aligns with CBA’s strategy to focus on its core banking businesses and to create a simpler, better bank for our customers.

Chinese bank Haitong shrinks in London after £9m loss

Haitong's London operation, formed three years ago, has struggled to establish a sustainable business

SoftBank reaffirms investment ties with Saudi Arabia

Quarterly net profit up fivefold to $4.6bn as Vision Fund returns start to feed through

Mitsubishi UFJ to acquire First State

The Japanese firm is set to become the largest asset manager in Asia-Pacific.

OCBC profits jumped 12% to $1.25b in Q3

OCBC also revealed that their operating expenses climed 7% YoY to $1.07b amidst increase in staff costs associated with annual base salary increments and a rise in expenses linked to business volume growth.

AMP shares up on rumours of Macquarie Group tilt at embattled wealth manager

The Australian newspaper reported Macquarie was considering bidding for the $7.29 billion firm, citing unnamed sources.

NAB signals more bad advice remediation

NAB is still undertaking a bank-wide investigation to determine if customers who paid financial advice fees relating to ongoing service arrangements did in fact receive the agreed services, such as an annual review.

Goldman Sachs AM to open seven Hong Kong funds

Firm enters HK retail market with fundamental, quantitative equities and fixed income offerings