07/27/2018
Barclays's Japan Profit Revival Sets Stage for Expansion Phase
U.K. firm halted three years of losses in the Asian nation
Investment Bank
07/27/2018
Nomura net profits tumble 91% on slump in fixed income and equities
Japanese brokerage suffers worst quarter since 2016 as trade frictions take toll
07/26/2018
Bank of China, Mastercard introduce new credit card in Singapore
BOCSG head of card centre Anson Lim said: “This latest BOC Elite Miles World Mastercard is our first credit card that is specially tailored for the frequent travellers segment.
07/25/2018
Singapore banks step up pace of cutting, reskilling tellers
OCBC to halve teller jobs in two years and UOB to retrain all tellers over same period to give them "broader" roles
07/25/2018
Vanguard shutters Singapore office
Vanguard is closing its Singapore office following a global strategic review.
07/22/2018
Bank of Korea Sees Possible Impact From China Deleveraging Plan
South Korea GDP May Be 0.3 Percentage Point Less in 2018
07/20/2018
Romania wants to become member of China-led Asian Infrastructure Investment Bank
China aims to make AIIB an alternative lender to World Bank or IMF
07/19/2018
Bankwest cites rise in mobile banking as it closes branches
The move will leave the bank with 14 east coast branches.
07/17/2018
Japan group rebrands subsidiary as MUFG Bank
The name change will strengthen the bank’s identity as part of the wider MUFG group.
07/16/2018
Banks face cash squeeze as fund managers, households draw deposit
The gap between loan and deposit growth has increased from $390 billion in the second quarter of 2017 to $457 billion in the first quarter of 2018
07/13/2018
Euromoney names the world’s best banks in its 2018 Awards for Excellence
Bank of America and Citi win top prizes; Credit Suisse’s Tidjane Thiam is named Banker of the Year; Asian banks make their mark in global awards.
07/13/2018
Deutsche Bank Wins Nod to Underwrite Corporate Bonds in China
NAFMII allows the bank to arrange bonds in interbank market
07/13/2018
Strong institutional demand underpins KDB’s return to euro bond market
The Korea Development Bank returned to the euro bond market for the first time in five years
07/12/2018
Citi readies for Asia investment surge with new China desk as trade war intensifies
The drive comes as the United States imposes tariffs on Chinese imports, with China responding in kind.
07/12/2018
Standard Chartered, Citi win big in The Asset Triple A Asset Servicing Awards 2018
Standard Chartered accepts Best in Asset Servicing award
07/11/2018
JPMorgan to sell India fund management arm, report says
“The transaction, which involves a nominal consideration by Apollo towards the acquisition, will officially close this summer,” the sources are quoted as telling PERE.
07/10/2018
British Bank Ups Asian Game
More traditional banking services are growing in the country too with banks from mature North Asian markets deepening their penetration.
07/09/2018
Bankers Quit Goldman, Citigroup for Biotech Riches in Hong Kong
Firms including Lazard Ltd., Bank of America Corp., Deutsche Bank AG, Citigroup Inc. and Jefferies Group LLC have all seen similar departures in recent months.
07/04/2018
Investment banking: Can BOCI step up to the next level?
Bank of China International has established itself as the leading investment bank of China’s big four, but what will it take to make BOCI a real challenger to the international firms that it wants to compete with?
07/03/2018
Commonwealth Bank hit with new class action over money-laundering breaches
As part of its settlement, announced in early June, CBA will pay $700 million plus $2.5 million in legal fees.