Investment Banking
Ant Group outbids Citadel for Credit Suisse’s China investment bank venture: report
Ant Group outbids Citadel for Credit Suisse’s China investment bank venture: report
But this faces a “thorough review” because China favors a foreign buyers, sources said.
CBA now a validation agent in the global legal entity identifier system
This comes ahead of Australia updating its OTC derivative transaction reporting rules.
Mizuho seeks to remain amongst top 10 global investment banks: report
Investment banking head Naoki Takahashi wants to challenge bulge-bracket banks.
Citi completes proof of concept on tokenization of private funds
It found new functionalities that could lower barrier-to-entry, Citi said.
MUFG appoints Wael Al Sharif as head of GCIB for MENA
He will be responsible for overall management and development of the business.
DBS China secures license to underwrite debt of non-financial companies
Non-financial firms can now work with DBS to enter the world’s second largest bond market.
Citi names Cristina Chang as head of markets for Australia, New Zealand
Chang will retain her role as head of asset backed financing.
SMFG profits up 3.5% to $5.3b
An earnings per share of approximately $4 has been announced for the period.
SMBC appoints ex-Credit Suisse China CEO as new APAC managing director
Carsten Stoehr will join SMBC on 19 February after 25 years in Credit Suisse.
MUFG China clinches lead underwriting license for corporate panda bonds
It will be able to support clients to participate in bond issuance by offshore companies.
SMBC, Jefferies expand investment banking collaboration to EMEA
In 2023, SMBC had raised its ownership of Jefferies to 15%.
BDO to issue $89.2m in fixed-rate sustainability bonds
It has a tenor of 1.5% years and a coupon rate of 6.025% per annum.
Maybank Investment Bank COO Tengku Ariff Azhar Tengku Mohamad named OIC
This is until a new CEO is appointed.
South Korea to fine two global investment banks for naked short selling: report
The two banks made five naked short selling orders between 2022 and 2023.
Expect ‘stagnant’ Chinese structure finance market in 2024: S&P
Issuance momentum of dominant segments will reportedly remain slow.
Here’s five big shifts that will shape corporate, investment banking in 2024
Shifting lending dynamics and regulations is changing the way they do business.
Weekly Global News Wrap: Citi to exit distressed-debt trading business; Korea seeks to fine HSBC, BNP Paribas
And Germany seizes $790m from the bank account of a Russian financial institution.