Investment Banking
Citi names Guorong Jiang as head of corporate and investment banking for China
Citi names Guorong Jiang as head of corporate and investment banking for China
                                                                                                 
                        
                          Citi has appointed Guorong Jiang as Managing Director, Chairman and Head of Corporate and Investment Banking (CIB) for China. He reports to Mark...
                    
                                        
                    
                Weekly Global News Wrap Up: EU bank watchdog loses 8% of its staff in two months; US bank customers paid almost $15b in fees
                                                                                                 
                        
                          And JPMorgan Chase to hire 3,000 people in Poland.
                    
                                        
                    
                Weekly Global News Wrap Up: Global transaction banking revenues up 4% to US$13.8b; Bank fees face 'secular downward' pressure
                                                                                                 
                        
                          And Deutsche Bank CEO says automation will take a lot of jobs over the next 10 years.
                    
                                        
                    
                Goldman Sachs appoints Udhay Furtado, Harry Naysmith as co-heads of investment banking in Southeast Asia
                                                                                                 
                        
                          Goldman Sachs named Udhay Furtado and Harry Naysmith co-heads of its investment banking unit in Southeast Asia, according to an internal memo seen by...
                    
                                        
                    
                Chart of the Week: Malaysian banks' bond issuances hit US$12.7b in 1H17
                                                                                                 
                        
                          It's a 41% increase from the same period last year.
                    
                                        
                    
                China's largest banks raise billions to fund Belt and Road investments
                                                                                                 
                        
                          China Construction Bank eyes raising at least $15b.
                    
                                        
                    
                Weekly Global News Wrap Up: US banks' profits up 10.7% to $48.3b; How big tech is disrupting banks
                                                                                                 
                        
                          And find out why Frankfurt and Dublin seem to be winning the battle for Brexit jobs.
                    
                                        
                    
                Outstanding balance of bank-issued wealth management products in China up 9% to US$4.3t
                                                                                                 
                        
                          It represents almost a fifth of bank deposits.
                    
                                        
                    
                UBS appoints David Chin as Asia Pacific investment banking head
                                                                                                 
                        
                          He will start in early September.
                    
                                        
                    
                Barclays boosts investment banking ops in Japan, hires more bankers and salesmen
                                                                                                 
                        
                          The bank eyes hiring more than 10 bankers.
                    
                                        
                    
                Citi China selected as official Bond Connect Trading Dealer
                                                                                                 
                        
                          It's the first and currently only American bank to be granted such status.
                    
                                        
                    
                China probes top deal-making companies to gauge risks of litigation, losses at banks
                                                                                                 
                        
                          HNA’s acquisition of Travana is amongst the deals being examined.
                    
                                        
                    
                Weekly Global News Wrap Up: Why banks aren't worried about souring credit card loans; Barclays to hire 100 staff
                                                                                                 
                        
                          And EU lists criteria for hosting bank regulators after Brexit.
                    
                                        
                    
                OCBC to buy NAB's wealth business in Singapore and Hong Kong
                                                                                                 
                        
                          NAB has about 11,000 customers across the two cities.
                    
                                        
                    
                Singapore banks' wealth investments finally pay off
                                                                                                 
                        
                          Higher income from wealth operations helped banks offset bad loan provisions.
                    
                                        
                    
                Weekly Global News Wrap Up: European banks to lose more market share to US banks; HSBC to advise on world's biggest IPO
                                                                                                 
                        
                          And Deutsche Bank is fined $156m for forex violations.
                    
                                        
                    
                Banks withdraw from $1.7t worth of Chinese investments
                                                                                                 
                        
                          As banks pull out, Chinese bonds and equities retreat, says Bloomberg.