Investment Banking
Crédit Agricole CIB names new APAC head of int’l trade & transaction banking
Crédit Agricole CIB names new APAC head of int’l trade & transaction banking
Christophe Crétot is most recently head of corporate & leverage finance APAC.
Nomura’s profitability, earnings stability strengthen through 2025
Enhanced risk management will reduce risk of losses and earnings volatility.
Enhanced bourse appeal may lift Singapore’s investment banking space
Efforts to reform the stock market could also benefit wealth management income.
Taiwan proposes amendments to securities regulations
Amongst changes include a capital requirement of NT$100m for dealers.
South Korea’s corporate financing through issuances up 28.5% in January
IPO proceeds tripled, but rights offerings plunged during the month.
Norinchukin names new CEO, establishes new senior director roles
Its research and asset management leaders are nominated as Director and Senior Managing Officers.
HSBC’s profits rise in FY2024; total dividend is $0.87
The fourth interim dividend is $0.36 per share.
Citi appoints Christie Chang as CEO for Taiwan
She succeeds Aftab Ahmed, who retires after 50 years with Citi.
BNP Paribas net income rises 4.1% to $12b in FY 2024
Revenues during the period saw $50.78b.
UBS net earnings dwindles to $5.1b in FY 2024, revenues up globally
Asia operations pencilled a profit before tax of $271m
Malaysia fines AmBank for investment transaction breaches
AmBank failed to obtain approval for the transactions, the BNM said.
Deutsche Bank bullish on tech-driven sectors
Although, geopolitical tensions and trade policy shifts likely to add further uncertainty.
Barclays enhances APAC equities team with new head
He will be based in Hong Kong.
DBS welcomes deepening financial market ties between Hong Kong, China
It will broaden overseas investment channels for mainland institutional investors, a DBS managing director said.
Banks urged to expand focus to transition finance for zero-carbon future
Up to a US$17t annual funding gap exists.
Top 25 banks’ market cap rises 27.1% in Q4 2024
ICBC is APAC’s top bank in terms of market cap; DBS rises to 23rd spot.
South Korea to unveil guidelines for short-selling
It plans to expand the English DART and Open DART services in January.
Commentary
Electronic trading proves its strength in times of volatility