Investment Banking
SG banks strong and stable despite uncertain AT1 issuance market: experts
SG banks strong and stable despite uncertain AT1 issuance market: experts
Banks are ramping up AT1 bond issuances after the Credit Suisse wipeout put a halt on issuances, observers said.
Kenanga Investment Bank commemorates 50 years
Clients can anticipate the Wealth SuperApp launch.
UOB opens 10th FDI Advisory Centre in Japan
Since its launch, the advisory unit supported about 4,000 companies investing in the region.
Citi Commercial Bank names head of corporate finance for ASEAN
Citi has also named a new country head for Citi Commercial Bank Malaysia.
PAOB launches Business Revolving Loan in expanded eftPay collaboration
It offers a maximum credit limit of up to HK$300,000.
UBS to finalise Credit Suisse acquisition by 12 June
After the acquisition, Credit Suisse and American Depositary Shares will be removed from SIX and NYSE.
PwC, StanChart release analysis on CBDCs' role in future banking
The paper highlights CBDCs programmability and how they can revolutionise retail, trade, and supply chain finance.
CIMB Group's net income up 15.3% in Q1
Its net income showed a 15.3% climb year-on-year.
Winnie Chen named BNY Mellon's Singapore chief executive
This is in addition to her role as APAC Head of Treasury Services.
Deutsche Bank allocates $200m in Vietnam branch
The Vietnam business doubled its revenue in the past two years, the bank said.
Deutsche Bank announces two APAC M&A co-heads
The new appointees will report to the head of Investment Banking Coverage and Advisory, APAC.
Citi Indonesia’s net income climbs 52% to $38.29m in Q1
Its Institutional Clients Group registered a 2.5% loan growth during the quarter.
Weekly Global News Wrap: Credit Suisse faces lending restrictions; Italy seeks stalemate over e-payment cost reduction talks
And JPMorgan Chase unlikely to buy another struggling bank, says CEO Jamie Dimon.
AT1 write-down ‘negligible’ to APAC banks, but should they still worry?
Analysts said APAC banks will suffer no direct impact from the Swiss bank but should keep an eye out on regulators.
Weekly Global News Wrap: Grupo Mexico closing in on $7b Citi Banamex deal; Bank of America opens Luxembourg branch
And Credit Suisse CEO to join UBS board once deal is completed.
BOCHK welcomes Swap Connect launch
The scheme would propel participation from investors and accelerate RMB internationalisation.
Wealth management industry challenged to rear investors to safe-haven assets
StashAway says 80% of affluent clients are receptive to receiving advisory services from AI and other digital channels.