Investment Banking
Citi appoints Gary Kuo as vice chairman of Asia Global Banking
Citi appoints Gary Kuo as vice chairman of Asia Global Banking
He will be reporting to Farhan Faruqui, regional Head of Global Banking.
Nepal to promote investment opportunities at Money Expo
Money Expo 2011 will be held in Kathmandu from Sept. 12 to 14 as the first ever event in Nepal dedicated to promoting investment opportunities and...
China banks’ combined profits amount to an amazing $57b in 1H2011
The top 5 Chinese banks knocked out their 14 largest US and European rivals.
CIMB's loan growth decelerates
Hong Leong Investment Bank cut its forecasts for CIMB Group's financial years 2011-2013 by 5.2-5.6 per cent due to lower-than-expected loan growth...
Maybank’s net profit surges 16.6% to a record RM4.45b in FY11
Group loans grew at its fastest pace in the last decade, touching 21.7%.
What you need to know about Bank of Singapore's new hires
The new members will be responsible for expanding Bank of Singapore’s business in South East Asia, with a focus on the Indonesian market.
Woori sale fails on lack of bidders
The sale of Woori Finance Holdings Co. for a minimum of 30% stake fell through again as it attracted only one investor.
Julius Baer launches China Fund with direct access to domestic market
The Swiss bank used the US$100 million quota granted under its QFII licence by the State Administration of Foreign Exchange in China.
ABC Leads 1-Billion-Yuan Bond Underwriting for CITIC Pacific
Agricultural Bank of China Limited successfully led the 1-billion-yuan RMB bond underwriting for CITIC Pacific Limited's 5-year maturity with a...
DBS appoints Tam Thye Hung as Head of Global Transaction Services in Idonesia
Tam was previously the Senior Vice President of DBS’ GTS Regional Cash Sales team.
HSBC’s pre-tax profits amount to a whopping US$6.8b in Asia
Hong Kong delivered the highest profit of US$3.1b.
Asian banks ‘breeze through’ Basel III implementation
Global regulators have proposed new liquidity and capital rules, known as Basel III, with the goal of reducing the likelihood of another financial...
Enhancing fund governance for sustainable growth
While the fund industry witnessed a sharp fall following the financial tsunami in 2008, the impact of the global financial crisis (GFC) seems to have...
Singapore banks’ loan growth jumped 20% in 5 months
Kim Eng says DBS may profit the most with $719m in 2Q11.
Standard Chartered appoints Darcy Lai as Regional Head
Darcy will head Origination and Client Coverage and was most recently with Barclays Capital as Head of Investment Banking and Debt Capital Markets in...
Banks banned from investing in ‘kimchi’ bonds from July 25
The direct impact of the new rules is on the KRW cross currency basis.
Temasek still keen on China despite $3.6bn shares sale
China accounts for 20% of the Singapore state investor’s portfolio despite sale of shares in two Chinese banks.
Commentary
Why high capital levels are a double-edged sword for Singapore banks
WealthTech vs. Banks: The battle for Asia’s $700b digital wealth opportunity