Investment Banking
Chart of the Week: APAC investment bank fees down 9% in H1
ECM fees fell 42% after a record-setting 2021.
Chart of the Week: APAC investment bank fees down 9% in H1
ECM fees fell 42% after a record-setting 2021.
StanChart taps ex-JP Morgan banker as new CIO for North Asia
Cheng was head of Asia Equity Strategy for JP Morgan Private Bank.
Citi names sole head of equity capital markets for Australia and New Zealand
Jahrling joined Citi as co-head of ECM in 2021.
UOB prices $400m perpetual capital securities
It will be issued under a $41.5b (US$30b) global medium term note programme.
Does geopolitics heighten risks of an East-West divide in the financial industry?
HSBC’s potential Asia split may signal that decoupling between the West and China is growing.
Weekly Global News Wrap: State Street not buying Credit Suisse; Italy to expire bad loan scheme
And China gives the first nod to revive Ant IPO.
From Reuters:
Financial services and bank holding company State Street has denied reports that...
Singapore establishes framework to push for high quality green bonds
A committee will oversee the Singapore Green Bond Framework.
HSBC names Jeffrey Yap as head of investments and wealth solutions for SEA
Yap has served as interim head since November last year.
MUFG names two new heads in global corporate, investment banking APAC unit
Both Campbell and Sivarajah will be based in Singapore.
Weekly Global News Wrap: Deutsche Bank not financing $3.5b Africa oil pipeline; Berkshire Hathaway bets $2.9b on Citi
And Goldman Sachs reach a $79.5m shareholder settlement over 1MDB fiasco.
Standard Chartered opens US$40m Greater Bay Area Centre in Guangzhou
More than 700 employees are now based in the GBA Centre.
Sumitomo Mitsui appoints former J.P Morgan banker as head of M&A advisory of SFDA
The newly created role sees Chirolli leading SMBC’s M&A advisory efforts in Asia.
APAC investment banking fees drops 8.5% in Q1 2022
This comes after its all time high in the same quarter last year.
Weekly Global News Wrap: Gender pay gap in UK banks at 32.1%; Spain mulls creating consumer protection authority
And over 200,000 globally apply for internships at Goldman Sachs.
ASEAN banks have a long way to go in decarbonising finance: Moody’s
There is little space for investors to invest more sustainably.
Weekly Global News Wrap: India’s Paytm Bank punished for data lapses; Record bonuses spur Wall Street banks’ staff churn
And Barclays suspends sales of two products related to oil, volatility.
Chinese banks seek workarounds amidst sanctions against Russia: report
Top banks reportedly mull passing some of their business to small domestic-focused peers to avoid secondary sanctions.