Investment Banking

BNI looks to boost Islamic banking business

BNI looks to boost Islamic banking business

The fourth largest bank in the world’s largest Muslim country wants to do more Islamic or “Shariah” banking.

M&As by Japanese banks and others rise to record heights

Yes, you can definitely blame it on the strong yen.

HSBC abandons retail banking operation in Japan

A massive restructuring by the world’s second largest bank continues to surprise with its depth.

BNP Paribas appoints Miles Remington as head of equities in Indonesia

Miles has been Global Head of Sales Trading, Head of Multi Product Client Solutions for the equity brokerage business of BNP Paribas.

BEA shows its appetite for dim sum bonds

Bank of East Asia Ltd, Hong Kong’s largest independent local bank and third largest bank, expects to issue up to one billion in dim sum bonds this...

Indian banks join M&A hunt in Europe

Japan isn’t the only country looking to strike M&A fortunes in Europe.

ANZ cuts jobs to preserve bottom line

Despite a Q1 performance it described as “solid with good results,” ANZ will axe over 1,000 more jobs in anticipation of a worsening of the malaise...

Australia’s Westpac begins to bleed

One of Australia’s most stable banks is cut by the banking crisis.

SMFG leads Japan’s second wave of global M&As

The strong yen, a bane for Japanese exporters, is proving a gold mine for Japanese banks intent on mergers and acquisitions aboard, especially in...

Vietnam to receive more U.S. Ex-Im Bank investments

Vietnam has been selected by the Export-Import Bank of the United States (Ex-Im Bank) as one of nine key emerging markets that will boost American...

JGBs could imperil Japan by 2016

Mitsubishi UFJ Financial has identified 2016 as the year where things could go from bad to worse for Japan.

More Swiss banks turn to Singapore for confidentiality

More Swiss banks may be looking to Singapore as a favourable place for expansion.

Credit markets may have been too pessimistic

Beyond the noise generated by the European sovereign debt crisis and the seemingly unending debate about reducing the U.S. federal fiscal deficit, we...

Japan’s second largest lender posts jaw dropping loss

Mizuho Financial Group took an 80% drop in profit during 4Q11 on a tax asset write-down and weaker stock markets.

HSBC continues retail banking restructuring

The banking giant sells off four units in just two days.

European banks slow down lending in ominous omen

European banks have begun lending less to Hong Kong in December, fueling fears the Eurozone contagion could be worsening.

Bankers beware: World economy faces catastrophic 2012

Europe stands poised to drag the world into another recession.