Investment Banking
Mizuho Financial Group issues $817m green bond
Funds raised will be used to finance green projects, the group announced.
Mizuho Financial Group issues $817m green bond
Funds raised will be used to finance green projects, the group announced.
Public Bank posts 18% YoY net profit growth for 1H 2023
Its overseas operations accounted for 7.8% of the overall earnings.
Weekly Global News Wrap: US floats stricter regional bank rules; Some China banks to cut mortgage rates
And Wells Fargo has agreed to return $40m in overcharged fees to 11,000 customers.
DLT, digital money rise as securities sector eye faster settlements
The move to T+1 has given birth to challenges in the securities ecosystem, said Citi.
Vietnam’s 2050 energy transition plan sparks green lending surge
The Power Development Plan 8 helps attract foreign lenders for green projects aligned with Vietnam’s 2050 clean energy goals.
Atome Financial, HSBC extend collaboration to support Philippine market
The partnership also plans to boost new consumer financing products.
Sumitomo Mitsui’s 2023 profit jumps more than three-fourths of the way
Net profit for 2023 was Y52.2t, versus the Y29.7t the previous year.
Public Bank ties with PRO-NET, bolster presence in NEV industry
The bank commits NEV lending to reach RM33b by 2025.
OCBC prices S$550m perpetual capital securities at 4.5%
OCBC served as the sole lead manager and bookrunner for this issue.
Mizuho partners with KOKO Networks to offer carbon credits to clients
Proceeds from the sale of premium carbon credits are distributed as substantial discounts on KOKO Fuel.
Vietnam banks may face challenges in paying back real estate loans: S&P
7% of Vietnam banks’ loan portfolios come from property loans.
Standard Chartered Asia's income up 23% in H1
11 Asian markets registered record incomes.
S. Korea’s Exim Bank join forces with Polish development bank
The partnership focuses on financial support for infrastructure, transportation, and renewable energy.
DBS Hong Kong to keep sound asset quality: Moody's
It is expected the bank will keep stable asset quality.
OCBC issues green trade finance facility to Seatrium
The trade facility, with issuance of Banker’s Guarantee, is worth about S$1.04b
SMBC Group's Jenius Bank offers personal loans to US market
Jenius Bank plans to expand its services through savings products and a mobile app.
Weekly Global News Wrap: Rothschild & Co takes one step closer to going private; Ant Group may be fined $1b
And UBS makes changes in global wealth management business.