Markets

Singapore reaffirms creditor hierarchy following Credit Suisse AT1 wipeout

Equity holders will absorb losses before AT1 and Tier 2 bondholders, MAS said.

Singapore reaffirms creditor hierarchy following Credit Suisse AT1 wipeout

Equity holders will absorb losses before AT1 and Tier 2 bondholders, MAS said.

Citi appointed depositary bank for Hangke’s GDR program

This is in connection with Hangke’s $172.85m IPO of tis GDRs.

DBS Digital Exchange's Bitcoin trading up 80% in 2022

The members-only exchange also doubled its customers during the year.

Nomura Holdings’ net income up 11% to $508m in Q3

Net revenue was up 24% compared to the year ago. 

Natixis names Gregoire Bielle as APAC head of private credit sales

Bielle will be responsible for the bank’s private credit sales team in APAC.

Australian structured finance issuance slowdown imminent in 2023: S&P

The multiple interest rate raises will begin to bite on issuers.

Steering a bank through geopolitical rapids

Bank boards need to reassess their understanding of the impact that geopolitical risk can have on both their business and their clients, says Derek...

It’s the most wonderful time of the year!

We’re taking the time off and will be back on 9 January 2023.

Nomura eyes $1b potential revenue boost from equities, wealth: report

CEO Kentaro Okuda said that it needs to raise revenues in these businesses to boost Nomura’s returns.

Sumitomo Mitsui securities unit suspended from block trading for 3 months

SMBC Nikko employees were suspected of conducting illegal stabilization transactions.

Citi Global Wealth APAC clients invest $5b in bonds in May-July

Majority of investments flowed to fixed income funds and hedge funds.

Philippine Bank of Communications names new independent directors

They have also been assigned to the bank’s RPT committee.

SMBC concludes MOU with the Eastern Economic Corridor Office of Thailand

SMBC will introduce clients entering or expanding in Thailand to the EECO.

St. James Place’s Eight Wealth Int’l names head of tax and estate planning

Kelly Greig will offer tailored advice and services to affluent clients in Asia.