Investment Banking

Sumitomo Mitsui’s 2023 profit jumps more than three-fourths of the way

Net profit for 2023 was Y52.2t, versus the Y29.7t the previous year.

Sumitomo Mitsui’s 2023 profit jumps more than three-fourths of the way

Net profit for 2023 was Y52.2t, versus the Y29.7t the previous year.

Public Bank ties with PRO-NET, bolster presence in NEV industry

The bank commits NEV lending to reach RM33b by 2025.

OCBC prices S$550m perpetual capital securities at 4.5%

OCBC served as the sole lead manager and bookrunner for this issue. 

Mizuho partners with KOKO Networks to offer carbon credits to clients

Proceeds from the sale of premium carbon credits are distributed as substantial discounts on KOKO Fuel.

Vietnam banks may face challenges in paying back real estate loans: S&P

7% of Vietnam banks’ loan portfolios come from property loans.

Standard Chartered Asia's income up 23% in H1

11 Asian markets registered record incomes.

S. Korea’s Exim Bank join forces with Polish development bank

The partnership focuses on financial support for infrastructure, transportation, and renewable energy.

DBS Hong Kong to keep sound asset quality: Moody's

It is expected the bank will keep stable asset quality.

OCBC issues green trade finance facility to Seatrium

The trade facility, with issuance of Banker’s Guarantee, is worth about S$1.04b

SMBC Group's Jenius Bank offers personal loans to US market

Jenius Bank plans to expand its services through savings products and a mobile app.

Natixis CIB names APAC head of financial sponsors group

Anurag Poddar was most recently a managing director for Natixis CIB in New York.

StanChart Singapore appoints new head of HR

Standard Chartered Bank has appointed Yang-Sheng Wong.

SEA’s interest in lending products increase 15%: Study

Total number of monthly requests is at 741.5k per month.

End of cheap money era: Maybank’s Alvin Lee on investing in an era of wealth preservation, protectionism

Globalization is no longer the best strategy for banks if they wish to thrive in the new era of investing.

Islamic Development Bank, WHO start healthcare investment platform

The Islamic Development Bank is part of the collaboration where Malaysia and Indonesia are country members.

Singapore’s investment banking fees 25% lower in H1 2023

BofA Securities currently leads investment banks in terms of fees generated.