Investment Banking

Chinese banks asked to stop selling short-term investment products

Local banks have been advised to stop selling short-term investment products by the China Banking Regulatory Commission.

Busan Bank’s loan growth plans too ambitious: Fitch

The ratings agency revised the Korea-based bank’s outlook to stable from positive, as there's a risk that its loans may grow well beyond the industry...

Citi appoints Munir Nanji as regional head for Bank Services Group Asia Pacific

Munir will continue to report to Anthony Nappi, Managing Director, Region Head, Asia Pacific, Global Transaction Services.

Temasek may buy BofA's shares in China Construction Bank Corp

But Temasek’s spokesperson neither confirms nor denies the ‘market speculation'.

China Construction Bank Corp loses ties with Bank of America

BofA will sell its remaining 10.4 billion CCB shares to private investors this month.

Public Bank to invest in Malaysian growth stocks

Public Bank will invest in a diversified portfolio of primarily local equities to achieve capital growth over the medium- to long-term period through...

Asian banks rely on block deals to revive equity capital markets

There have been three block deals worth more than $2b in the past week.

Japanese banks to buy assets in the euro zone

With more than $6 billion in spare cash, why not?

Alireza departs Goldman after 19 years

Yusuf Alireza is leaving Goldman Sachs after 19 years with the company.

DBS to offer banking services at all SingPost outlets

The partnership will nearly double DBS’ number of banking outlets to 140.

Goldman Sachs to sell $1.1b shares in Industrial & Commercial Bank of China

This is Goldman’s third sale of its ICBC stock since 2006.

Mandiri investment banking unit expands in Australia

Mandiri Manajemen Investasi will continue to expand the amount of overseas funds in the $2.2 billion that it manages.

Ambank launches AmConstant Multi Maturity 2

AmInvestment Bank Group has launched a four-year close-ended fund that caters to investors looking for regular income and capital preservation.

How banks can mitigate against deal failures in new senior IB hires

Despite a lack of confidence in US and European markets and economic activity, Asia remains a relatively positive environment for investment banks...

AXA and Bank Mandiri acquires general insurance business

AXA and Bank Mandiri will own 40% and 60% respectively in this start-up joint venture operation of Asuransi Dharma Bangsa.

CIMB-TrustCapital Singapore acquires 850 Collins Street in Melbourne

850 Collins Street is an A-grade commercial office building that is currently under construction and is scheduled for completion in October 2012.