Investment Banking
ANZ cuts jobs to preserve bottom line
Despite a Q1 performance it described as “solid with good results,” ANZ will axe over 1,000 more jobs in anticipation of a worsening of the malaise...
ANZ cuts jobs to preserve bottom line
Despite a Q1 performance it described as “solid with good results,” ANZ will axe over 1,000 more jobs in anticipation of a worsening of the malaise...
Australia’s Westpac begins to bleed
One of Australia’s most stable banks is cut by the banking crisis.
SMFG leads Japan’s second wave of global M&As
The strong yen, a bane for Japanese exporters, is proving a gold mine for Japanese banks intent on mergers and acquisitions aboard, especially in...
Vietnam to receive more U.S. Ex-Im Bank investments
Vietnam has been selected by the Export-Import Bank of the United States (Ex-Im Bank) as one of nine key emerging markets that will boost American...
JGBs could imperil Japan by 2016
Mitsubishi UFJ Financial has identified 2016 as the year where things could go from bad to worse for Japan.
More Swiss banks turn to Singapore for confidentiality
More Swiss banks may be looking to Singapore as a favourable place for expansion.
Credit markets may have been too pessimistic
Beyond the noise generated by the European sovereign debt crisis and the seemingly unending debate about reducing the U.S. federal fiscal deficit, we...
Japan’s second largest lender posts jaw dropping loss
Mizuho Financial Group took an 80% drop in profit during 4Q11 on a tax asset write-down and weaker stock markets.
HSBC continues retail banking restructuring
The banking giant sells off four units in just two days.
European banks slow down lending in ominous omen
European banks have begun lending less to Hong Kong in December, fueling fears the Eurozone contagion could be worsening.
Bankers beware: World economy faces catastrophic 2012
Europe stands poised to drag the world into another recession.
Desperation begins to set in as banks continue dumping loan assets
The mighty continue to fall victim to the ever-worsening fund drought.
Funding pressures to hammer banks in 2012
The ongoing financial crisis in Europe will raise regulatory pressure on capital and liquidity for banks and insurers this year.
Taiwan's Cathay Fin buys stake in Taishin from Newbridge
Cathay Financial has bought a 3.45 percent stake in Taishin Financial for T$4.7 billion or $155 million from private equity fund Newbridge Capital.
Temasek Holdings kicks off North Asia fund
Singapore’s investment company has been increasing its investments in China over the years.
Japanese banks on M&A binge in Europe
The strong yen is making Europe a profitable hunting ground for leading Japanese banks bent on mergers & acquisitions.
KEB becomes 1st S. Korean underwriter in Hong Kong
Korea Exchange Bank has been issued a license by the Hong Kong authorities to act as an underwriter for securities.