Wealth Management
Nomura and MBK Partners discuss KEB bid
Nomura and MBK Partners discuss KEB bid
Parties in early talks for joint bid for KEB even as ANZ showed interest.
AXA grants NAB extension to win regulator’s nod
Exclusivity agreement prevents AXA from seeking bids from other banks for 6 weeks.
RBS upgrades Asian investment banking with key appointments
Appointments of 4 RBS high calibre heads aimed to provide world class banking in region.
NAB to seek asset buyers of investment manager Axa Asia
Lender in negotiation to dispose assets to win approval of Australia’s regulator.
Fitch: Japanese investment banks return to profit
Agency still cautious as Europe's sovereign credit crisis can pull down anemic growth of Japanese lenders.
ANZ expands wealth management services in Japan
ANZ launched a new sub-branch in Nagoya to provide more convenient wealth management services to Japan’s major metropolitan centres.
Extension of Axa Asia deal with NAB possible
Parties discuss move to sell assets to appease the Australian Competition & Consumer Commission.
Nomura announces correction to financial statements
The correction related to Nomura Securities Co Ltd's Capital Adequacy Ratio does not affect the firm's consolidated financial position.
DBS to add hundreds of wealth management staff
Lender wants bigger share of private banking market as 23% quarterly profit rise disappoints.
Aberdeen reduced bank borrowings by £150 million
Aberdeen Asset Management PLC reported underlying profit before tax of £92.6 million for six months to 31 March 2010.
Nomura announces dividend payment
In line with its dividend policy for the fiscal year ended 31 March 2010, Nomura will pay a dividend of 4 yen per share to shareholders of record as...
UOB Asset Management awards fund administration to BNY Mellon Asset Servicing
BNY Mellon selected due to its robust global infrastructure capable of supporting administration needs in Asia.
Morgan Stanley posts $9.1 billion of net revenues
The reported number is a 33 percent rise from the end of the year.
Nomura establishes local subsidiary in Korea
Under the Financial Investment Services and Capital Market Act, the Financial Services Commission of Korea has granted final approval for the...
BNP Paribas and Fortis Investments complete merger
The combined entity is now operating under the brand name BNP Paribas Investment Partners.
DBS hires Morgan Stanley banker Tan Su Shan
Tan joins DBS as Managing Director and Head of Private Banking, succeeding DBS Hong Kong CEO Amy Yip.
Hang Seng enhances wealth management offerings
Hang Seng became the first bank in Hong Kong to set an RMB prime as the base rate for RMB finance.
