Investment Banking
BII President resigns for personal reasons
Datuk Khairussaleh Ramli will return to Malaysia.
China orders tighter monitoring of banks’ factoring business
Focus is on loans made against accounts receivable.
BofA begins final exit from China Construction Bank
Selling-off US$1.5 billion stake.
Citi to provide fund administration and transfer agency services to Whiz Partners
New hedge fund in Asia underway.
Commonwealth Bank launches Instalment Warrants aimed at SMSFs
Find out the two payments for the warrants.
Taiwanese banks to invest more in the mainland
Government easing investment regulations.
Laura Luo is head of Hong Kong China equities at Barings
She comes to Barings from Schroders.
UAE banks focusing more on the Chinese
Offer RMB deposit accounts, among other services.
Banking reforms continue in China
Will include deposit insurance.
China’s banks post weakest results in years
Due to interest rate liberalization and weak economy.
ICBC's net fee income from corporate wealth management business up 43%
Wealth management products of CNY2.81t were issued in 1H13.
India to introduce four-tier banking structure
Will promote financial stability and resiliency.
ICBC and Bank of China report improved profits in Q2
Big Four banks boosted by sharp spike in fees.
Unlocking the synergies between Affluent/HNW and SME banking
Asian-based banks are aggressively expanding their Affluent/High Net Worth (HNW) banking value propositions in light of growing economic prosperity...
Assets of Chinese banks hit US$22.9 trillion in July
Liabilities rose 14% to US$21.4 trillion, however.
China close to permitting certificates of deposit
Seen as another key step towards liberalization.