Investment Banking

Tech and transformation take center stage at the ABF Summit 2023

Over 180 participants graced the 20+ sessions in the day-long event.

HSBC taps 8 ex-Credit Suisse bankers for equities business: report

Appointments were for Hong Kong, London, New York, and Mumbai.

Citibank China clinches Futures Margin Depository Bank approval

It is the first American bank to clinch the approval.

BPI’s first half earnings leaps one-fourth from last year’s

It reached a consolidated net earnings of P25.3b during the period.

Asian Banking & Finance Summit to feature sustainable finance

Ernst & Young’s Aloysius Fua to moderate summit discussions on bridging the company-investor gap for sustainable finance.

Maybank’s first half profits surge 26% YoY

Its further expansion was dampened by a contraction in net fund-based income.

New Zealand banks to persevere amidst inquiry by Commerce Commission: S&P Global

The banks, Australia-owned, hold a total market share of 85%.

Mizuho Financial Group issues $817m green bond

Funds raised will be used to finance green projects, the group announced.

Public Bank posts 18% YoY net profit growth for 1H 2023

Its overseas operations accounted for 7.8% of the overall earnings.

Weekly Global News Wrap: US floats stricter regional bank rules; Some China banks to cut mortgage rates

And Wells Fargo has agreed to return $40m in overcharged fees to 11,000 customers.

DLT, digital money rise as securities sector eye faster settlements

The move to T+1 has given birth to challenges in the securities ecosystem, said Citi.

Vietnam’s 2050 energy transition plan sparks green lending surge

The Power Development Plan 8 helps attract foreign lenders for green projects aligned with Vietnam’s 2050 clean energy goals.

Atome Financial, HSBC extend collaboration to support Philippine market

The partnership also plans to boost new consumer financing products.

Sumitomo Mitsui’s 2023 profit jumps more than three-fourths of the way

Net profit for 2023 was Y52.2t, versus the Y29.7t the previous year.

Public Bank ties with PRO-NET, bolster presence in NEV industry

The bank commits NEV lending to reach RM33b by 2025.

OCBC prices S$550m perpetual capital securities at 4.5%

OCBC served as the sole lead manager and bookrunner for this issue.