Latest bank strategy/results news

  • Deutsche ‘bloodbath’ leads to major cuts in Asian ECM team

    Deutsche Bank’s staff were dealt a crushing blow this week when it announced a full exit from the equities business and 18,000 job cuts globally. In Asia, the move has led to the equities capital markets unit all but disappearing. Jonathan Breen reports.

    • 11 Jul 2019
  • Deutsche takes knife to equities business with Asia hit

    Deutsche Bank’s plan to exit its equities sales and trading businesses globally as part of a far-reaching overhaul of its operations has led to many departures in Asia.

    • 08 Jul 2019
  • UBS’s ‘pig-gate’ serves as warning for banks

    A UBS economist’s allegedly offensive comment about "Chinese pigs" has ensnared the Swiss bank in a series of unfortunate events, including being kicked off a planned dollar bond deal for China Railway Construction Corp. The backlash is overblown but serves as a warning for banks dealing with China.

    • 18 Jun 2019
  • Development banks provide record $43bn climate finance

    Finance for climate-related projects in emerging and developing countries provided by the world’s five largest multilateral development banks (MDBs) hit an all-time record of $43.1bn in 2018.

    • 13 Jun 2019
  • Citi eyes home improvements to overhaul investment banking elite

    After establishing itself as a top three player in European investment banking, Citi is now making an ambitious push for the summit in its home market, writes David Rothnie.

    • 13 Jun 2019
  • Transaction banking buoys HSBC’s IB

    HSBC’s global banking and markets division registered a small rise in income in its first quarter results announced on Friday. Transaction banking lines helped outweigh revenue declines in trading and the global banking business.

    • 03 May 2019
  • Guyett stamps authority with HSBC revamp

    Greg Guyett has shaken up the management of HSBC’s global banking division in a move aimed at streamlining coverage and boosting collaboration across divisions and products.

    • 30 Apr 2019
  • IMF, BIS hail potential for fintech to tackle financial exclusion

    The heads of two of the world’s leading global financial regulators have hailed the potential of financial technology to help lift people out of poverty by connecting them to the banking system. But both Agustín Carstens, General Manager of the Bank for International Settlements, and Christine Lagarde, the managing director of the International Monetary Fund, warned of potential risks.

    • 25 Apr 2019
  • Nomura’s wholesale business makes a loss

    Nomura announced in its results on Thursday that its wholesale business made a loss both in the fourth quarter and in the year as a whole. The Japanese bank is looking to cut back the division.

    • 25 Apr 2019
  • Goldman’s reboot suffers mission creep

    A tough quarter scuppered Goldman Sachs's strategic update but the bank places deeds before words and is already well advanced in its new strategy, writes David Rothnie

    • 24 Apr 2019

Bank strategy/results news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 21.85
2 China Merchants Securities Co 14.67
3 Industrial and Commercial Bank of China (ICBC) 14.44
4 Agricultural Bank of China (ABC) 8.89
5 China Securities 7.41

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 CITIC Securities 9,346.38 46 7.96%
2 Goldman Sachs 8,791.68 35 7.49%
3 Morgan Stanley 6,937.95 46 5.91%
4 China International Capital Corp Ltd 6,923.83 42 5.90%
5 UBS 6,281.96 46 5.35%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 20,282.12 177 8.30%
2 Citi 15,045.64 113 6.16%
3 JPMorgan 12,957.39 88 5.31%
4 Standard Chartered Bank 10,012.82 100 4.10%
5 Bank of China 9,332.67 116 3.82%

Asian polls & awards