Investment Banking

Profits of Japan’s top three banks in peril

Sales of extremely risky Japanese Government Bonds push profits of Japan’s three largest banks to a record high. Read ››

Bank lending in Japan rises for the seventh month

Bank lending grew again in April on the back of efforts to rebuild areas ravaged by the earthquake and tsunami of 2011. Read ››

BNI combines insurance with investment products

BNI is expecting to earn more from its bancassurance business with new deals from several insurance companies. Read ››

Asia prime services – A battle worth fighting?

Key dynamics at play within the Asian prime services landscape. Read ››

China loosens grip on foreign-funded banks

China takes another step towards opening its highly regulated banking system to the outside world. Read ››

BNP Paribas' Remington eyes development in Indonesia despite scarce resources

"The key will be to develop the breadth of coverage and distribution of the variety of products we offer in Indonesia," says Miles Remington, BNP Paribas' new head of equities for Indonesia. Read ››

Kenanga Investment Bank opens 6th southern Malaysian branch

Kenanga Investment Bank Bhd launched its new branch at Batu Pahat, Johor, making it the sixth branch in the southern region. Read ››

What to do with US$120 billion in Eurozone assets?

Mitsubishi UFJ Financial Group ponders what it needs from among US$120 billion in unwanted European assets on its doorstep. Read ››

Standard & Poor’s takes a dim view of Indian banks

All won’t be well with India’s banks until after next year at the earliest. Read ››

Morgan Stanley to do wholesale banking in Singapore

Morgan Stanley’s wholesale banking license allows it to expand its lucrative wealth management business and boost lending. Read ››

Vietnam acts to forestall banking crisis

A disconcerting jump in bad debts is forcing Vietnam to take measures to prop up the country’s banking industry. Read ››

Automating the investment funds landscape in Asia

Across Asia, investment fund transaction processing methods and distribution models differ markedly. Read ››

India not that worried about banks’ NPAs—yet

The central bank says the rising level of non-performing assets isn’t too scary at the present time. Read ››

BNI looks to boost Islamic banking business

The fourth largest bank in the world’s largest Muslim country wants to do more Islamic or “Shariah” banking. Read ››

M&As by Japanese banks and others rise to record heights

Yes, you can definitely blame it on the strong yen. Read ››

HSBC abandons retail banking operation in Japan

A massive restructuring by the world’s second largest bank continues to surprise with its depth. Read ››

BNP Paribas appoints Miles Remington as head of equities in Indonesia

Miles has been Global Head of Sales Trading, Head of Multi Product Client Solutions for the equity brokerage business of BNP Paribas. Read ››

BEA shows its appetite for dim sum bonds

Bank of East Asia Ltd, Hong Kong’s largest independent local bank and third largest bank, expects to issue up to one billion in dim sum bonds this year. Read ››

Indian banks join M&A hunt in Europe

Japan isn’t the only country looking to strike M&A fortunes in Europe. Read ››

ANZ cuts jobs to preserve bottom line

Despite a Q1 performance it described as “solid with good results,” ANZ will axe over 1,000 more jobs in anticipation of a worsening of the malaise affecting world banking. Read ››

Australia’s Westpac begins to bleed

One of Australia’s most stable banks is cut by the banking crisis. Read ››

SMFG leads Japan’s second wave of global M&As

The strong yen, a bane for Japanese exporters, is proving a gold mine for Japanese banks intent on mergers and acquisitions aboard, especially in Europe. Read ››

Vietnam to receive more U.S. Ex-Im Bank investments

Vietnam has been selected by the Export-Import Bank of the United States (Ex-Im Bank) as one of nine key emerging markets that will boost American exports and support job creation. Read ››

JGBs could imperil Japan by 2016

Mitsubishi UFJ Financial has identified 2016 as the year where things could go from bad to worse for Japan. Read ››

More Swiss banks turn to Singapore for confidentiality

More Swiss banks may be looking to Singapore as a favourable place for expansion. Read ››

Credit markets may have been too pessimistic

Beyond the noise generated by the European sovereign debt crisis and the seemingly unending debate about reducing the U.S. Read ››

Japan’s second largest lender posts jaw dropping loss

Mizuho Financial Group took an 80% drop in profit during 4Q11 on a tax asset write-down and weaker stock markets. Read ››

HSBC continues retail banking restructuring

The banking giant sells off four units in just two days. Read ››

European banks slow down lending in ominous omen

European banks have begun lending less to Hong Kong in December, fueling fears the Eurozone contagion could be worsening. Read ››

Bankers beware: World economy faces catastrophic 2012

Europe stands poised to drag the world into another recession. Read ››

Desperation begins to set in as banks continue dumping loan assets

The mighty continue to fall victim to the ever-worsening fund drought. Read ››

Funding pressures to hammer banks in 2012

The ongoing financial crisis in Europe will raise regulatory pressure on capital and liquidity for banks and insurers this year. Read ››

Taiwan's Cathay Fin buys stake in Taishin from Newbridge

Cathay Financial has bought a 3.45 percent stake in Taishin Financial for T$4.7 billion or $155 million from private equity fund Newbridge Capital. Read ››

Temasek Holdings kicks off North Asia fund

Singapore’s investment company has been increasing its investments in China over the years. Read ››

Japanese banks on M&A binge in Europe

The strong yen is making Europe a profitable hunting ground for leading Japanese banks bent on mergers & acquisitions. Read ››

KEB becomes 1st S. Korean underwriter in Hong Kong

Korea Exchange Bank has been issued a license by the Hong Kong authorities to act as an underwriter for securities. Read ››

Standard Chartered: nine straight years of profitability

A continuing focus on the rest of the world again pays off big for Standard Chartered plc. Read ››

Standard Chartered to increase financing for Indian companies

According to Bloomberg, StanChart ranks third in Indian mergers advisory this year. Read ››

Nomura Holdings slashes EU assets by 83%

The debt crisis caused Japan’s largest brokerage to reduce its assets in Italy. Read ››

RCBC loans Globe Telecom a whopping $114m

The seven-year loan is the telecom's second borrowing this year. Read ››