Investment Banking

Nomura opens branch in Labuan

Nomura opens branch in Labuan

Labuan Financial Services Authority gives lender license that enhances the suite of financial solutions in Malaysia.

Central Huijin to issue bonds to raise $17.7bln

To spend 80% of proceeds of bond market entry to invest in Chinese banks' financing initiatives.

Philippine National Bank upbeat on trust banking unit

28% increase in total assets attributed to “more focused” marketing efforts and improved product offerings.

Chinatrust plans to acquire Nan Shan from AIG

AIG still silent on lender's offer previously tagged at $2.15bln by rival bid.

Maybank wants bigger slice of equities market

Banks on Islamic stockbroking service HOT Broking to expand its curreent 6.5% share in the market.

Chinatrust quits Nan Shan unit acquisition

The $660mln takeover failed to materialise as lender let the acquisition agreement to expire.

Archer Daniels Midland to invest in AgBank IPO

The US food giant will invest $200mln alongside Qatar and Kuwait sovereign investment funds and Standard Chartered.

China's BoCom earns $2.5bln in rights issue

Lender still needs $2.34bln to achieve $4.84bln target for combined Shanghai and Hong Kong rights issue.

MBK Partners emerges as sole bidder for KEB

Fund is the only bidder that submitted proposal of $4bln as rivals offered less than $3.3bln.

Metrobank bags Reuters prestigious honor

The Philippines' Metropolitan Bank & Trust Company (Metrobank) was awarded Best Bond Fund Group in the Lipper Fund Awards of Thomson Reuters.

ANZ establishes underwriting unit in the Philippines

ANZ authorised by SEC to engage underwriting of government and corporate securities in the country.

Nomura and MBK Partners discuss KEB bid

Parties in early talks for joint bid for KEB even as ANZ showed interest.

BNY Mellon appoints Dominick Falco President Japanese unit

Falco’s 20-year experience in securities expected to capture opportunity in Japan through Japanese Trust Bank.

Societe Generale unit and Japaninvest join forces

Alliance expected to offer coverage representing 25% of global market capitalisation.

HSBC plans selling private equity units

British bank HSBC is in talks that could lead to five separate management buyouts of its private equity fund management businesses as banks go back...

AXA grants NAB extension to win regulator’s nod

Exclusivity agreement prevents AXA from seeking bids from other banks for 6 weeks.

RBS upgrades Asian investment banking with key appointments

Appointments of 4 RBS high calibre heads aimed to provide world class banking in region.