Investment Banking
JPMorgan to beef up Chinese investment banking team by up to 50%
JPMorgan to beef up Chinese investment banking team by up to 50%
                                                                                                 
                        
                          It seeks to expand investment banking coverage to tech firms.
                    
                                        
                    
                Union Bancaire Privée's Eric Morin reveals the bank's fierce ambition to thrive in Asia
                                                                                                 
                        
                          Should local Asian private banks be threatened as the major Swiss player enters the scene?
                    
                                        
                    
                BOC (Hong Kong) moves to beef up private banking business
                                                                                                 
                        
                          The bank aims to boosts the number of relationship managers by at least 20%.
                    
                                        
                    
                Tech giants pose threat to Asian private banks as they lure the region's ultra rich
                                                                                                 
                        
                          The likely target will be individuals shunned by private banking and pushed into premium retail banking models.
                    
                                        
                    
                BNP Paribas Securities Services appoints Diana Senanayake as head of Singapore
                                                                                                 
                        
                          She will report to Philippe Benoit, head of Asia Pacific, and Pierre Veyres, CEO for Singapore.
                    
                                        
                    
                Singapore and Hong Kong lead Asia's asset management charge
                                                                                                 
                        
                          Their combined assets under management (AUM) hit $91.5b in 2017.
                    
                                        
                    
                Asia beats Europe and America in private banking gains in 2017
                                                                                                 
                        
                          Assets under management grew 15.2% which is almost double Europe’s 7.5%.
                    
                                        
                    
                Asian investment banking fees plunge to four year low after hitting $4.62b in May
                                                                                                 
                        
                          However, robust deal-making activity may buoy the sector from its slump.
                    
                                        
                    
                Chinese banks spin off asset management arms as oversight mounts
                                                                                                 
                        
                          Bank of Communications is investing $1.25b for such unit in Shanghai.
                    
                                        
                    
                Asia's private banking scene heats up as European players enter fray
                                                                                                 
                        
                          European private banks are heavily investing in Asian footholds.
                    
                                        
                    
                Why you should be a part of ABF's inaugural Priority Banking & Wealth Management Conference 2018
                                                                                                 
                        
                          The event will tackle significant topics on the thriving wealth banking business in Asia.
                    
                                        
                    
                HSBC ramps up senior hiring for APAC equity business
                                                                                                 
                        
                          The move is part of the bank’s restructuring business.
                    
                                        
                    
                Hong Kong loses to Singapore in managing the assets of the world's wealthy
                                                                                                 
                        
                          However, a growing preference of China’s HNWI for closer wealth managers is fast narrowing the gap.
                    
                                        
                    
                Bank of Singapore inks deal with Sumitomo Mitsui subsidiary
                                                                                                 
                        
                          The MOU aims to highlight BOS banking services to SMBC Trust Bank’s high net worth clientele.
                    
                                        
                    
                Singapore's wealth management business dominates Asian competition
                                                                                                 
                        
                          However, the growing preference of Chinese wealthy for Hong Kong is challenging its dominance.
                    
                                        
                    
                OCBC unveils three-year hybrid unit trust
                                                                                                 
                        
                          It combines a fixed maturity product through a call option strategy.
                    
                                        
                    
                Can Hong Kong steal the wealth manager crown from Switzerland?
                                                                                                 
                        
                          The banking secrecy capital's dominance has been on a steady decline since 2010.