Investment Banking
Japan’s second largest lender posts jaw dropping loss
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.
Desperation begins to set in as banks continue dumping loan assets
The mighty continue to fall victim to the ever-worsening fund drought.
Funding pressures to hammer banks in 2012
The ongoing financial crisis in Europe will raise regulatory pressure on capital and liquidity for banks and insurers this year.
Taiwan's Cathay Fin buys stake in Taishin from Newbridge
Cathay Financial has bought a 3.45 percent stake in Taishin Financial for T$4.7 billion or $155 million from private equity fund Newbridge Capital.
Temasek Holdings kicks off North Asia fund
Singapore’s investment company has been increasing its investments in China over the years.
Japanese banks on M&A binge in Europe
The strong yen is making Europe a profitable hunting ground for leading Japanese banks bent on mergers & acquisitions.
KEB becomes 1st S. Korean underwriter in Hong Kong
Korea Exchange Bank has been issued a license by the Hong Kong authorities to act as an underwriter for securities.
Standard Chartered: nine straight years of profitability
A continuing focus on the rest of the world again pays off big for Standard Chartered plc.
Standard Chartered to increase financing for Indian companies
According to Bloomberg, StanChart ranks third in Indian mergers advisory this year.
Nomura Holdings slashes EU assets by 83%
The debt crisis caused Japan’s largest brokerage to reduce its assets in Italy.
RCBC loans Globe Telecom a whopping $114m
The seven-year loan is the telecom's second borrowing this year.
Korea Exchange Bank’s outlook stable, says Fitch
As it holds 6% of the system's total assets and facilitates 30% of the nation's trade finance.
RHB Capital may issue stocks to pay for OSK Holdings
RHB may issue new shares equivalent to as much as 10 percent of its existing equity to pay for the unit, according to Bloomberg.
Temasek buys one third of CCB shares
And the remaining stocks from BofA were bought by Chinese investors.
Commentary
Why high capital levels are a double-edged sword for Singapore banks