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Investment Bank

08/29/2018

Investec looks to expand investment banking, lending operations in India

Investec also wants to beef up its lending business, which today is largely focused on offshore loans

08/27/2018

DBS named world's best bank in nod to its digital innovation

DBS chief executive officer Piyush Gupta said in a statement yesterday that the award shows how "Singapore punches above its weight".

08/22/2018

NAB executives kept quiet about fee for no service for 11 months

NAB was listed as owing $12 million, placing it in the middle of the pack rather than at the top, as would have been the case had the $34.6 million figure been disclosed.

08/22/2018

Deutsche Rewards Yim's Loyalty

Yim stepped in nearly two years ago after Asia head Ravi Raju defected to UBS.

08/19/2018

Next wave of India-Korea bilateral investment to be driven by SMEs: Citi

Bilateral trade between India and South Korea in 2017 totalled USD 20 billion, and investments have shown an upward trend.

08/16/2018

Malaysia's first female investment bank CEO on equality: Q&A

Yang, who began her career as an investment assistant at MIMB Investment Bank Bhd in 1972 and rose through the ranks, has been happily retired since 2002, and now spends much of her time on charity work.

08/16/2018

CIMB Niaga records net profit of 1.8 trillion rupiah in 1H18

CIMB Niaga’s loan loss coverage remained comfortable at 106.83 per cent.

08/14/2018

NAB withheld victim compensation information, inquiry told

The bank agreed to significantly lift compensation for fee-for-no-service victims but did not tell Asic

08/14/2018

Deutsche Bank's McMurdo Says Asia Cuts Are `Largely Completed'

Our core banking team has stayed together, and we expect to be adding to it in the immediate future.

08/14/2018

Bank of East Asia joins the mobile payments race as traditional lenders challenge tech firms

The single platform and device will bring in greater convenience for merchants to cater for the needs of the increasingly tech-savvy younger customers who like to make payments via their smartphone.

08/14/2018

Banks trim overseas operations to focus on improvement in domestic business

As part of the government's effort, reduction in international business is helping lenders improve focus on domestic growth thereby improving their net interest margins and reducing operating expenditure

08/13/2018

NAB's Hagger says bank was 'entirely open and transparent' with ASIC

Under questioning from counsel Michael Hodge, Mr Hagger said the bank had not told ASIC the exact details of higher figure because it was awaiting final sign off from the board of the trustee, which managed the fund.

08/13/2018

Citic-backed CLSA nears deals on Asian joint ventures

Agreements expected by end of year in Bangladesh, Vietnam and Pakistan

08/13/2018

UOB Looks to Grow in Vietnam

The opening of our local subsidiary marks a milestone for UOB in Vietnam.

08/10/2018

NAB issues public apology after week of damning evidence at royal commission

Bank tried to prevent publication of correspondence showing more than 100 potentially criminal licence breaches

08/09/2018

RHB Bank mulls S$200m sale of Singapore building

Singapore’s office market is showing signs of recovery after a downturn in the last two years, with growth in both prices and rents.

08/09/2018

National Australia Bank charged fees to dead superannuation customers, inquiry told

Banking royal commission hears super trustee deducted fees from deceased members’ accounts ‘for a period’

08/08/2018

Homeowners beware: Citibank first to raise mortgage rate in Hong Kong

The move could encourage other lenders to follow suit, bringing an end to 12 years of cheap home financing in the city, observers say

08/08/2018

Saudi Aramco, Malaysia's Petronas tap banks for jumbo financing - sources

The two firms issued a request for proposals to banks last month and are now in preliminary discussions for a self-arranged loan

08/07/2018

UOB celebrates opening of fully-owned subsidiary in Vietnam

UOB had been operating under a branch licence since July 18, 1995

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