Investment Banking
Top 25 banks’ market cap rises 27.1% in Q4 2024
Top 25 banks’ market cap rises 27.1% in Q4 2024
ICBC is APAC’s top bank in terms of market cap; DBS rises to 23rd spot.
South Korea to unveil guidelines for short-selling
It plans to expand the English DART and Open DART services in January.
China’s investment banking fees fall to lowest in 5 years
Only DCM underwriting fees saw growth.
Financials sector tops Asia Pacific ex. Japan M&A: LSEG
Industrials and high technology sectors were also active in 2024
APAC investment banking fees drop to lowest in 5 years
Its total ECM underwriting fees were its lowest since 2013.
OCBC launches bespoke tokenised bonds for corporate investors
They can subscribe to tokens at S$1,000 denominations, for example.
Chinese banks set up offices at Dubai International Financial Centre
About 8 banks from China now have locations in the financial centre.
Weekly Global News Wrap: China, HK regulators to boost offshore listings, Crédit Agricole to raise stake in Banco BPM
And Google Payment Corp. is under federal supervision over risks to consumers.
China, Philippine banks most impacted with rate cuts: Fitch
Their net interest margins are likely to decline until fiscal year 2026.
Deutsche Bank appoints Leo Yin as president of its China operations
He will report to Rose Zhu, chief country officer of Deutsche Bank China.
Philippine banking assoc unveil new interest rate swap market
The central bank expects PESO IRS to boost transactions.
Hangzhou Finance and Investment cuts property asset dependence
S&P also forecasts HFIG’s debt-to-adjusted total equity (ATE) ratio to improve.
Weekly Global News Wrap: Ayala sells part of GCash stake; Some FIs halt trading with Nomura
And Jamie Dimon blasts several US regulatory initiatives.
BNY appoints Fabian Khoshbakht as head of APAC treasury services
He will remain the treasury services head of Client Insight and Innovation.
BEA launches stock trading platform BEA SmarTrade
It has watchlist and stock portfolio features, and gives real-time market quotes.
Banks’ profitability to decline in 2025 as interest margins narrow
Commercial banks may cut personnel, and regulators may prioritize stability over staff retention in M&As.
BofA sees 51% rise in API use for real-time treasury needs
Business clients are using APIs to simplify onboarding and accelerate transactions.
Commentary
Asia’s electronic markets reach an inflection point of transformation
Tokenisation in the Philippines: The consumer is ready, but is the infrastructure?
Asian firms need to get ready for digital assets and currencies
AI can build your plan, but can it hold you to it?
Built to last: How Japan is approaching the cross-border payments challenge