Investment Banking

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.

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.