Investment Banking
ING names ex-BofA Merril Lynch banker as APAC corporate finance head
Gautam Saxena also founded the venture capital fund Pegasus 7 Ventures.
ING names ex-BofA Merril Lynch banker as APAC corporate finance head
Gautam Saxena also founded the venture capital fund Pegasus 7 Ventures.
Citi revenue up 49% to $1.7b in 2023 as corporate lending grew
Both equity and debt underwriting fees rose.
China investment banks report dismal fees as IPOs and M&As fall to decade low
Banks only raised $3.1b in fees from IPOs– a 78% decline from Q1 2023.
Citi is Asia’s top equity capital markets underwriter in Q1
The bank reportedly commanded a total issuance volume double to its closest rival.
Korean banks began compensating investors for HK ELS-linked losses
Shinhan Bank and Hana Bank have begun compensating customers.
APAC ex Japan investment banking fees in Q1 falls to lowest level in 8 years
Equity capital market fees were halved, whilst debt capital market fees were static.
Weekly Global News Wrap: Nomura eyes $10b US credit portfolio in 10 years; UBS CEO earned $15.9m
And JPMorgan Chase revamps investment banking and capital markets leadership.
Chart of the Week: Singapore investment banking fees down 14% in Q1
Advisory fees from M&A transactions fell by 74% during the quarter.
Japanese banks ‘less reluctant’ to finance hostile takeovers: report
Banks are seeing a rise of deals related to unsolicited bids for corporate takeovers.
CIMB Securities appoints Stephen Hagger as independent chairperson
It also welcomed three new directors to its board.
Citi names Marc Luet as Asia North & Australia Cluster and Banking Head
Luet replaces Angel Ng, who is retiring on 5 April after 26 years with the bank.
Bank of Singapore names Credit Suisse banker as Greater China COO
Ronnie Cheung was appointed as Credit Suisse’s Hong Kong COO in 2021
StanChart's Maisie Chong on never saying no to seizing opportunities, paying it forward
Chong shares the joy of finding greater satisfaction and fulfilment through the course of work.
Transition and Opportunity: Southeast Asia’s Share of US$7 Trillion Value
Banks globally are at the fulcrum of a changing world and face a dramatic need to refresh and reposition to address falling valuations whilst meeting...
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.