08/06/2021

Mizuho Bumps Pay for Junior Bankers

The banks are hoping stem a tide of defections of burned out bankers, and stave off moves to the tech sector, where banking talent is in demand as it muscles in on financial services.

06/18/2021

A second bank in Hong Kong has not paid bonuses

Last year, both ICBCI and CCBI paid their bonuses in September instead of March, and bankers fear a repeat this year. “ICBCI is late, but they’re not as bad as CCBI so we still expect to get paid,” said a source at the bank.

05/04/2021

Westpac H1 Profit Surges

A significant reset is required to ensure the business is cost competitive over the long term, particularly as it navigates the pandemic's recovery phase and an extended low-rate environment, the company said.

05/03/2021

AIIB launches sustainability bond framework

AIIB uses a five-step process to select sustainable financing projects, including project screening, preparation and due diligence, approval, implementation and monitoring, and completion and evaluation.

04/28/2021

Nomura Results Battered By Archegos

Nomura's 245.7 billion yen hit as a result of Archegos, Bill Hwang's family office that collapsed last month, was the second-largest after Credit Suisse.