Asia Pacific
LATEST ARTICLES
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When Stephen Williams joined HSBC more than 20 years ago, the bank was a backmarker in Asian debt markets. When he retires next month, he leaves it top of the heap.
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It is showtime. One year after Toshiba’s AGM triggered 12 months of shareholder revolt and the departure of the CEO and several other key figures, it is time for the next meeting. They will have plenty to discuss.
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Krafton’s forthcoming record-breaking listing is just one example of a new economy deal that is propelling primary issuance volumes in South Korea. Just wait until the chaebol join the party with their own spin-offs and EV battery deals.
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Paytm, whose largest shareholder is Ant Group/Alibaba, could raise India’s largest-ever IPO. It should be smoother than Ant’s own failed attempt, and that tells us something about changing regulatory positions.
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The Insolvency and Bankruptcy Code was supposed to provide swift and meaningful resolution to help get state-owned Indian banks back on their feet. Does a 95% haircut with questions around confidentiality achieve that?
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Non-resident Indians are a powerful force in wealth management from New York to Singapore. But as the pandemic devastates the subcontinent, this vast diaspora is reassessing its priorities.
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Beijing’s push to rein in its fintech champions, including Ant and Tencent, shows no sign of abating. It fears these big corporations and is busy handing out record fines – yet it would be wise not to go too far and undermine all the good things they do.
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Record profits and fines, a big loss in Indonesia, Citi’s retail departure and a once-in-a-generation merger: it has been a strange year for Taiwan’s over-crowded banking sector.
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From an opening with just two stocks, in a little over two decades Ho Chi Minh City Stock Exchange has risen to a $200 billion market capitalisation.
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As Vietnam’s public markets become more accessible, what happens to those who have built their success in private markets?
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The country may soon be upgraded to the emerging market indices. But such are the market’s many anomalies, that the pioneers who first embraced its potential are still the ones that matter most today.
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With Goldman and AmBank behind it, Malaysia aims further afield with lawsuits.
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Barclays’ Asia investment bank is rebuilding after a traumatic restructuring in 2016. After a few years of steady growth, a more focused approach could make it more efficient than before.
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Investors in a faith-based asset look forward to higher highs and higher lows, even as regulators crack down once more.
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The two banks plus Singapore’s stock exchange and sovereign wealth vehicle believe they have the collective strength and skills to build Climate Impact X, based initially on southeast Asian forestry and mangrove projects.
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Years of tough but successful IMF-led reforms have put Egypt in a great place to rebound strongly from Covid. Its future will be shaped by big infrastructure projects and by a plan to transform the nation into a powerhouse of green finance.
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Merger shows Indonesia e-commerce coming of age, but can the financial services assets be combined?
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The US bank’s decision to hire 2,300 new staff across its Asia wealth franchise, including 1,000 in Hong Kong alone, underlines the strength of the region and CEO Jane Fraser’s clear push in private banking.
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Upstart Jarden has fine people; Nomura has network and balance sheet. Will a partnership work?
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With Greensill and Archegos, António Horta-Osório has more on his plate than a medieval King. But Credit Suisse’s new chair could do something that would placate doubters and please investors: pivot firmly to Asia.
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In retreating from onshore private banking in south Asia’s largest market, Citi is following the money, as it seeks to serve the rising number of Indian families fast transferring personal wealth overseas to bigger and more stable markets they know and trust.
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Australian lender serves up word soup along with first-half results.
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There are hopes that the innovation will assist with financial inclusion. But is gold ownership the way to achieve this?
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Kentaro Okuda had been delivering. Nomura was reporting strong and sustainable profits, with a streamlined international business driven by trading in the Americas. Then came Archegos.
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The Japanese bank has spent big money to hire a wealth management team, but spiralling costs and a lack of name recognition in key markets leave many asking: how realistic are its ambitions?
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2020 was a breakout year for China’s financial and capital markets. The next 12 months could be just as busy, as regulators rush to approve a host of licences lodged by global financial institutions.
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DBS’s deal to buy 13% of a young and privately owned bank in Shenzhen highlights not only China’s vast growth opportunities post-Covid but also the potential of the cross-border Greater Bay Area.
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Anthony Tan’s 60% control of the Singaporean fintech’s voting power shows what founders can get away with when spared the rigour of an IPO.
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Jane Fraser’s decision to exit 13 Asian and EMEA retail markets makes sense if the capital is redeployed in better businesses. But has Citi forgotten the power of the Asian consumer and what they will become?
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With Deutsche Bank apparently turning its fortunes around globally, expectations are high for Asia to deliver growth at the fastest rate of all its operations. Asia CEO Alex von zur Mühlen tells Euromoney he wants to use the bank’s footprint and diversity of revenues to get the job done.
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Metrobank continues to redefine financial services for ultra-high net-worth (UHNW) clients, providing tailored wealth management, succession planning and investment advisory solutions.
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Maybank Private has a strong industry leadership in product innovation, wealth management and investment solutions, as well as a commitment to delivering tailored financial strategies that drive client outcomes.
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Maybank Private continues to redefine private banking in Malaysia through cutting-edge product innovation, strategic partnerships and a client-centric approach. The institution has solidified its position as a leader in wealth management, offering bespoke solutions tailored to sophisticated investors.
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With a comprehensive suite of offerings spanning public and private markets, treasury management and wealth advisory, Lighthouse Canton is well positioned to meet the complex needs of ultra-high net-worth individuals and family offices.
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In an industry where complexity often hinders access to alternative investments, iCapital has emerged as a pivotal force, bridging the gap between wealth managers and private markets. The New York-based fintech, with deep roots in Asia, combines scalable technology with institutional-grade solutions to simplify how advisers and clients navigate assets like private equity, real estate and hedge funds. Its 2024 milestones – marked by strategic launches and partnerships – underscore its role as Asia’s foremost technology enabler for wealth management.
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HSBC is recognised as Hong Kong's best private bank due its commitment to tailored solutions that cater to the evolving needs of the market's private banking clients.
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Julius Baer has carved a distinct niche as Asia’s premier boutique private bank. Since establishing its regional presence in 2006, the Zurich-based firm has blended the agility of a specialist with the resources of a global institution. Asia represents 25% of Julius Baer's global assets under management and headcount. The bank consolidated its position as the largest pure-play private bank in the region and secured the title as Asia’s best boutique private bank this year.
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As the global financial landscape braces for an historic generational wealth transfer, Goldman Sachs has positioned itself at the forefront of addressing the evolving needs of younger clients in Asia. Through a blend of tailored education, innovative digital tools and cross-generational relationship-building, the firm has cemented its position as a trusted partner for families navigating complex wealth transitions.
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CTBC Bank delivered strong financial performance across private banking during the awards period. Its Private Privilege service, targeting ultra-high net-worth clients, saw assets under management grow 22%, with revenues up 35%, while the Private Plus segment, targeting high net-worth clients, saw revenues rise 41%. Wealth management fees surged 49%, while fee-based assets under management in investment platform services increased by 26%.
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360 One Wealth has solidified its position as a market leading Indian wealth manager, leveraging cutting-edge technology to drive substantial growth in its business.
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BDO Private Bank continues to set the benchmark for private banking in the Philippines, delivering tailored financial solutions that align with the complex needs of high net-worth individuals.
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Through its comprehensive service model, strong financial performance and forward-thinking strategies, ANZ Private continues to set the standard for private banking in Australia.
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Maybank Indonesia celebrated several tangible achievements across customer loyalty, engagement and service excellence during the awards period.
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Bank of Singapore has emerged as Asia's leader in sustainable wealth management, transforming its approach to ESG in just five years. Through a detailed strategic plan and actionable measures, it showed the judges tangible proof of its leadership in the space.
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In Asia’s competitive private banking arena, BNP Paribas Wealth Management has distinguished itself as a stalwart for ultra-high-net-worth (UHNW) clients, blending global expertise with localised insights to address the intricate needs of wealthy families and entrepreneurs.
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SQB has emerged as a leader in private banking by continuously developing its services to meet the needs of private banking clients. By introducing alternative asset classes such as private equity and sustainable investments, SQB provides clients with diversified investment opportunities that enhance returns while mitigating risks.
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Siam Commercial Bank (SCB) is recognised as Thailand’s best private bank for its commitment to innovation and personalised financial solutions tailored to the needs of high net-worth clients.
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As Asia’s ultra-high-net-worth individuals seek increasingly sophisticated wealth management solutions, JPMorgan Private Bank has been distinguished for its tailored approach to succession planning and family-office services in Asia.
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In a memorable year marked by service innovation, Hana Bank has made tangible progress in many areas.
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ICICI Bank has cemented its position as a leader in Indian wealth management, driven by robust asset growth, a thriving family office business and cutting-edge digital innovation.