Investment Banking
Nikko Asset Management acquires DBS Asset for $105mln
The Japanese trust company taps Asia's millionaires as DBS will take 7.25% stake in Nikko Asset.
Lacklustre performance continues to hound Japanese major investment banks
Japanese lenders’ woes to continue until end of March 2011 as its fragile market sentiment and economic conditions persist.
ADR facility to trigger US investments in Taiwan
Unrestricted Level I ADR facilities for Taiwanese companies could greatly expand overseas investment opportunities in Taiwan, says BNY Mellon.
HSBC announces new Private Banking leadership in Asia and EMEA
Two Private Banking heads for Greater China and Singapore will succeed Monica Wong as Chief Executive of Private Banking in Asia.
Lone Star close to recover $1.84bln KEB investment
KEB’s interim dividend payment could mean that planned sale of lender would be postponed.
ANZ to replace ING brand with OnePath
Rebranding focuses on integrating lender’s Wealth group that pools lender’s insurance and fund management businesses.
Foreign lenders expand their China private banking operations
Renminbi new incremental loans amounted to $675.43bln in 1H 2010 prompted banks to recruit more staff.
StanChart and HSBC to launch higher-yielding RMB products
Regulators sealed agreement allowing HK financial institutions to offer higher returns on yuan savings accounts.
Nomura opens branch in Labuan
Labuan Financial Services Authority gives lender license that enhances the suite of financial solutions in Malaysia.
Central Huijin to issue bonds to raise $17.7bln
To spend 80% of proceeds of bond market entry to invest in Chinese banks' financing initiatives.
Philippine National Bank upbeat on trust banking unit
28% increase in total assets attributed to “more focused” marketing efforts and improved product offerings.
Chinatrust plans to acquire Nan Shan from AIG
AIG still silent on lender's offer previously tagged at $2.15bln by rival bid.
Maybank wants bigger slice of equities market
Banks on Islamic stockbroking service HOT Broking to expand its curreent 6.5% share in the market.
Chinatrust quits Nan Shan unit acquisition
The $660mln takeover failed to materialise as lender let the acquisition agreement to expire.
Archer Daniels Midland to invest in AgBank IPO
The US food giant will invest $200mln alongside Qatar and Kuwait sovereign investment funds and Standard Chartered.
China's BoCom earns $2.5bln in rights issue
Lender still needs $2.34bln to achieve $4.84bln target for combined Shanghai and Hong Kong rights issue.
Thought Leadership Centre
In Association with
In Association with
In Association with
Most Read
1. DBS CEO Piyush Gupta sells S$2.69m bank shares 2. Road closures set around Sports Hub, Marina Centre for OCBC Cycle on 11-12 May 3. Why tech is not the focal point of banks’ digital transformations 4. OCBC remains stable amidst strong credit fundamentals: Moody's 5. DBS names Ping An Tech’s Eugene Huang as bank CIOResource Center
Read Here
Advertise
Sign Up
Awards
Jul
04
Jul
04
Jul
04
Events
Jun
24
Event News
Event News
Unlock the future through the Asian Banking & Finance Forum 2024 in Kuala Lumpur
![Unlock the future through the Asian Banking & Finance Forum 2024 in Kuala Lumpur]()
Co-Written / Partner
Join the journey on 25 June 2024, and be part of the catalyst for progress in this dynamic sector.
Join the journey on 25 June 2024, and be part of the catalyst for progress in this dynamic sector.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with
In Association with
Most Read
1. DBS CEO Piyush Gupta sells S$2.69m bank shares 2. Road closures set around Sports Hub, Marina Centre for OCBC Cycle on 11-12 May 3. Why tech is not the focal point of banks’ digital transformations 4. OCBC remains stable amidst strong credit fundamentals: Moody's 5. DBS names Ping An Tech’s Eugene Huang as bank CIOAwards
Jul
04
Jul
04
Jul
04
Events
Jun
24
Commentary
Generative AI’s role in the evolution of banking
Beyond the Hype: Building Trust in Generative AI for a Secure Financial Future