News
JPMorgan strengthens its Malaysia commercial bank
Expansion includes integration of its in-country treasury management service as part of $1 billion global investment.
JPMorgan strengthens its Malaysia commercial bank
Expansion includes integration of its in-country treasury management service as part of $1 billion global investment.
HSBC to join Bank of Communications' rights issue
HSBC sees BoCom's fundraising move as opportunity to add its 20% stake and increase China investments.
Credit spreads to stabilise in Taiwan's bond market
Credit spreads in Taiwan's bond market are unlikely to widen soon, according to Standard & Poor's Ratings Services.
Asia Pacific assets rebounded says survey
Survey says total assets in APAC ended the year at $132.5 billion after bottoming out at $118.75 billion by mid 2009.
ANZ declines AMP's US$3.6bln stake sale offer
Bank preferred to focus on integrating ING and ‘organic growth’.
Maybank offers equity-linked structured deposit
Blue Skies Structured Deposit's US$7,094 minimum initial investment can yield maturity payout of 10%.
ANZ to rebrand wealth management unit
Sources said moniker “OneWealth” will be used to refer to its US$45 billion business.
BoCom courts investment banks to raise funds
Bank of Communications plans raising $3.7bln, and funds to support balance sheet could reach up to $5.85 billion as amount is not yet finalised.
Capital IQ expands Asian operations
Capital IQ is expanding its team in Tokyo to offer better support to its Japanese institutional investment customers, along with the opening of its Singapore office.
CIMB Thai eyes selling unit stake to parent
100% stake in Sathorn Asset Management with $90.38mln NPL planned to be sold to CIMB Group.
UniCredit pulls trade team out of Singapore
The bank's Forfaiting & Trade Finance business moved to Hong Kong, headed by Charles Brough and Florence Kwan.
Bocom Intl to raise $500M for private-equity fund
Bocom International is seeking to raise as much as $500 million in its first private-equity fund focusing on Hong Kong and China.
Bank of India suspends issuance of overseas bonds
Volatile market conditions prompted lender to defer plans of raising $500 million by selling five-year bonds.
China Exim Bank to receive Central Huijin funding
Central Huijin plans to inject $7.32bln to the lender and China Export & Credit Insurance Corp.
StanChart to hire 500 in HK for wealth management
Standard Chartered Plc. said it is planning to hire 500 more employees this year for its wealth management business in Hong Kong in time for Asia's wealth surge.
BoCom shares dip after news on rights offer
Following a newspaper article saying the lender may raise more than 20 billion yuan, or $2.9 billion, in a rights offer, Bank of Communications shares dropped to their lowest in more than three months in Hong Kong trading.
BOCHK’s subordinated notes rated 'BBB+'
Standard & Poor's assigned its 'BBB+' rating to BOCHK’s proposed US dollar-denominated subordinated notes due 2020.
