Investment Banking

Citic Group’s liquidity ‘sufficient’ for Huarong Financial buyout

By 2023, cash in hand of $3.7b was enough to cover the acquisition.

Malaysian bank and GHL collab to offer interest-free plan

It will be made available to more than 7,000 merchant terminals.

Mizuho ties up with LSEG to enhance carbon credit market

Carbon credits can be issued as dividends, providing investors with a long-term supply.

Kenanga Investment Bank’s net profit doubles to RM26.7m in Q1

But the stockbroking and investment banking divisions reported losses before tax.

Nomura doubles top managers’ pay for FY2024: report

CEO Kentaro Okuda is amongst those who enjoyed higher compensation.

Morgan Stanley’s James Corman to step down as executive chairman

He highlighted the successful transition of the new CEO in his announcement.

Korean regulators visit Hong Kong to discuss short-selling monitoring 

South Korean reps met with investment banks and the CEO of SFC Hong Kong.

KBank Private Banking, EQT Partners unveil new private equity fund

The minimum investment is THB500,000 with an 18 month lock-up period.

Standard Chartered names three leaders to global transaction banking team

The three new hires are previously from J.P. Morgan, DBS, and Bank of America.

TMT investment banking activity in APAC slated for growth in H2: Citi

Citi’s clients are “increasingly looking to raise capital” for growth and M&As, it said.

Citi combines in Japan, North Asia, and Australia clusters

This covers markets in East Asia, Australia, New Zealand, Hong Kong and Macau.

StanChart’s Signature CIO Funds attracts over $1b

The funds have returned over 28% since launch, the bank said.

Japanese banks back fund to develop space industry

SMBC, MUFG, and Mizuho Bank are all named limited partners.

Deutsche Bank cuts 10 private banking roles in Asia: report

The bank has cut about 60 roles in Singapore and Hong Kong over the past year.