Investment Banking
OCBC and LionGlobal to launch new unit trust
OCBC and LionGlobal to launch new unit trust
The LionGlobal New Target Return Fund has an investment time frame of five years.
HSBC appoints Henry Hou as head of Energy Solutions Sales
Before joining HSBC, Hou served in a number of roles at China's State Administration of Foreign Exchange for 11 years.
HSBC launches insurance business in Beijing
HSBC Life’s bancassurance business handles insurance portfolios with an average case size of RMB100,000.
AsiaPac banks gear up for Basel III
Standard & Poor’s says most Asian banks won’t find it difficult to comply with Basel III’s new capital requirements.
Morgan Stanley raises investment banking compensation to $5.74b
Morgan Stanley still increased its compensation by 8% despite the division's poor performance.
Société Générale appoints Yann Garnier as Head of Asia Pacific Sales
Yann is also appointed as Head of Interest Rates and Forex Derivatives business for Asia Pacific.
HSBC appointed joint bookrunner for New World Development rights issue
The bank will also act as joint underwriter in the rights issue of about HKD11.33 billion.
RHB, OSK receive Central Bank's consent to negotiate
RHB Capital Bhd and OSK Holdings Bhd have secured Bank Negara Malaysia's approval to commence negotiations for a possible merger between RHB Banking...
Underdog no more: Goldman Sachs beats other firms as top Japanese M&A adviser
After being only number 7 last year, Goldman Sachs now has the top spot as it was hired for $54.1b worth of acquisitions this year.
Affin Investment disburses RM2.58 M business zakat
Affin Investment Bank disbursed business zakat totalling RM2.58 million, reports Bernama News.
Julius Baer to refer its investment banking transactions to Macquarie
In turn, Macquarie will refer its clients who need private banking services to Julius Baer.
Shares of Chinese banks rally after Huijin purchase
Shares of China's banks rallied Central Huijin Investment Ltd started buying shares in the four major State-owned banks. But analysts said that the...
Muamalat launches Islamic dual currency investment
Bank Muamalat has launched the Islamic Dual Currency Investment, to be initially offered in the Malaysian Ringgit, Euro and US Dollars to wholesale...
RHB-OSK merger yet to get Bank Negara’s nod
Analysts believe Malaysia’s central bank’s approval will come if it will be supportive of consolidation of the banking sector.
OSK-RHB merger to be among Malaysia’s top investment banks
Once completed, the merger will overtake CIMB Securities which is currently leading with a market share of 10.5%.
ABC launches full fund centralization reform scheme
The new-generation asset and liability management system developed independently by Agricultural Bank of China Limited has been formally rolled out.
Nikko Asset Management and DBS Bank join forces
The merger poised to become Asia's largest regional asset manager.
Commentary
Why high capital levels are a double-edged sword for Singapore banks