Investment Banking
Citi Korea posts strongest Q1 since 2018 as net income surges 61%
Citi Korea posts strongest Q1 since 2018 as net income surges 61%
Total revenues and net income rose by 23% and 61%, respectively.
SMBC names Elaine He as co-head of DCM in APAC ex. Japan
Elaine He joins from Morgan Stanley, where she was head of APAC debt syndicate.
Citi names Raj Rathi as India chief of M&A business
Rathi served as head of strategy and corporate development for an India fantasy sports tech company.
Asia-Pacific deal values drop to $127 billion after major tariff shock
Total transaction values plummeted after April trade restrictions forced a summer long freeze in regional merger and acquisition activity.
How APAC M&A advisers ranked as BofA topped $28b in deals
Rothschild & Co and BNP Paribas followed closely behind the leader in total value.
JPMorgan and Houlihan Lokey are top M&A financial advisers in Q1: GlobalData
JPMorgan advised $24.7b in deals whilst Houlihan Lokey advised 19 deals.
Citi forms new investor group to replace asset managers cluster
Vikram Chavali will continue to lead FSI for JANA and Asia South.
Natixis CIB opens branch in India’s GIFT City
It offers foreign currency denominated structured products and finance, amongst others.
Mizuho, Nomura and partners launch blockchain trial for bond collateral
The project will test whether the transfer of rights and updates to book-entry transfer records can be executed using blockchain.
Vietnam’s HDBank partners LSE to drive cross-border fundraising
They have made cooperation agreements with several Vietnamese businesses.
APAC Q1 investment banking fees fall 5% on M&A and loan slump
Only ECM fees rose during the quarter.
Singapore banks attract inflows as investors exit riskier Gulf markets
Wealth and deposit inflows from risk-averse investors may cushion weaker net interest income.
Mizuho teams up with asset managers to expand investment products
They will develop and distribute new products as well as personal exchanges.
Japanese banks avoid $550b US investment hook for now
The JBIC would likely do the initial heavy lifting.
Citi sets up an Infrastructure Financing & Capital Solutions Group
The new group is under the Debt Capital Markets (DCM) function of Citi.
Citi names Goldman Sachs banker as head of healthcare for ANZ
Ben Bartholomaeus’ past work includes the stake sale of Novotech and a A$1.6b DBG Health investment.
SMBC poaches BDO veteran to lead Philippine Corporate Banking
Maria Angelica Balangue brings 20 years of capital markets experience as she leads SMBC Manila.
Commentary
Why Asia’s private wealth industry requires a new era of governance
APAC has mastered domestic payments. The next challenge is connecting them.
Why fragmented communications are becoming a hidden governance risk for Asia Pacific banks
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology