Investment Banking

The bank added EU150m in capital allocation for its Seoul branch.

Abbas Rangwala will report to Miranda Zhao.

This exploration will alleviate any potential risks that may dawn the banking sector.

Deutsche Bank is the top bank for M&As, whilst Citi took the largest share for ECM underwriting.

Banks also recorded lower DCM fees compared to the first nine months of 2022.

Over 180 participants graced the 20+ sessions in the day-long event.

Appointments were for Hong Kong, London, New York, and Mumbai.

It is the first American bank to clinch the approval.

It reached a consolidated net earnings of P25.3b during the period.

Its further expansion was dampened by a contraction in net fund-based income.

The banks, Australia-owned, hold a total market share of 85%.

Funds raised will be used to finance green projects, the group announced.

Its overseas operations accounted for 7.8% of the overall earnings.

And Wells Fargo has agreed to return $40m in overcharged fees to 11,000 customers.

The move to T+1 has given birth to challenges in the securities ecosystem, said Citi.

The Power Development Plan 8 helps attract foreign lenders for green projects aligned with Vietnam’s 2050 clean energy goals.