Investment Banking
HSBC Global Asset Management names Bill Maldonado as Asia-Pacific CIO
HSBC Global Asset Management names Bill Maldonado as Asia-Pacific CIO
The lender banks on Maldonado to lead the lender’s investment team in Asia, which aim to capture the growing wealth in the region.
Philippine banks to remain stable on improving domestic economy
The core Tier 1 capital adequacy ratio rose to an average 12% at end-2010, while the average loans/deposits ratio was stable at about 60%.
Westpac opens its 2nd branch in China
The new branch in the World Finance Centre in Beijing’s Central Business District is Westpac’s sixth office in the region.
Why are transfer pricing tensions increasing in Asia?
The economic landscape is not looking very promising and transfer pricing audits are escalating in both intensity and frequency. Developed nations...
HSBC appoints Michael Paulus as Asia Pacific head of public sector
He will be reporting locally to Andrew Zeissink, Head of Financial Institutions Group for Asia Pacific.
Maybank Singapore launches the first Syariah-compliant savings account
This account caters to the local population of around 450,000 Muslims.
Singapore Banks may have to make less risky loans to meet new capital requirements
But analysts breathe a sigh of relief that new capital levels not too tight.
Singapore Banks may have to make less risky loans to meet new capital requirements
But analysts breathe a sigh of relief that new capital levels not too tight.
Malaysian banks stable for the next 12 - 18 months
This is assuming that inflation is maintained around the 3% level.
Global banking regulators to increase capital charge for banks by up to 2.5%
An additional 1% surcharge would also be imposed if a bank becomes significantly bigger, according to Reuters.
Is Hong Kong’s banking sector in trouble?
The Royal Bank of Scotland says there is risk of a financial crisis after an extended period of ultra-loose monetary conditions in Hong Kong.
Malaysian banks stable in the next 12-18 months
Moody’s says GDP growth of 5% - 6% will help support the banking sector’s sustainability in earnings.
China to overtake US as world’s largest banking economy by 2023
CRBC says the total assets of foreign banks in China increased to RMB 1.74 tn at the end of 2010.
Looming resignation of PM Kan stirs anxiety over Japanese banks
This, as 10 largest regional banks and banking groups report a decline in both credit costs and interest paid on deposits, says Fitch.
China’s interbank repo rate surges to 8%
The Royal Bank of Scotland says this resulted from the recent 50 point hike in the central bank’s reserve requirement ratio.
Is China in the midst of a banking crisis?
Royal Bank of Scotland says the 24% rise in aggregate loan to GDP ratio followed by years of de-leveraging could lead to a banking crisis.
Japanese banks profits to remain flat through 2012
But Japanese banks should have little problem getting their tier 1 capital up to 7% through profits, says Fitch.
Commentary
Why high capital levels are a double-edged sword for Singapore banks