HSBC’s Bad Debts Rise in Asia Pacific
HSBC Holdings ended the first quarter sitting on broadly the same level of bad debt globally as it was a year earlier, but in the Asia Pacific region more loans turned sour.
UBS’s Wilmot-Sitwell Joins Bank of America Merrill Lynch
Days after UBS AG hired rainmaker Jim Forbes from Bank of America Merrill Lynch, the U.S. bank has nabbed an investment-banking veteran from its Swiss rival.
J.P. Morgan Investment Banking Head to Move to Hong Kong
J.P. Morgan Chase & Co. will be basing its global head of investment banking in Asia for the first time.
KKR Invests $65 Million in NYSE-Listed China Cord Blood
Kohlberg Kravis Roberts & Co. L.P. will invest $65 million in China Cord Blood Corp., the country's largest operator of services for umbilical cord blood that is rich in stem cells, to capitalize on China's fast growing healthcare services industry.
KKR Invests $65 Million in NYSE-Listed China Cord Blood
Kohlberg Kravis Roberts & Co. L.P. will invest $65 million in China Cord Blood Corp., the country's largest operator of services for umbilical cord blood that is rich in stem cells, to capitalize on China's fast growing healthcare services industry.
J.P. Morgan’s Asia-Pacific Head Leaves Bank
J.P. Morgan Chase & Co.'s chairman and chief executive officer for the Asia Pacific region, Gaby Abdelnour, is leaving the bank, according to an internal memo seen by the Wall Street Journal.
Citi Reshuffles Asia Management Team
Citigroup Inc. is reshuffling its senior management team in the Asia-Pacific region, a growing source of profit for the New York bank.
Nomura Results: Not as Bad as You May Think?
Companies often unveil nasty results and blame it on the recently departed. But in the case of Nomura Holdings, a surprise may be in store.
Nomura Wholesale Banking Chief Position Vacant… Anyone?
The top seat at Nomura Holdings’ wholesale banking division is up for grabs, but any aspiring candidate must know it will be a challenging job.
In Beer Deals, the Pause That Refreshes
Beer brewers SABMiller and Foster's may have hit a detente in their proposed deal making.
China’s M&A Gate Still Isn’t Wide Open
Acquisitions of Chinese companies are running at a record high as foreigners look to tap into the country’s growth. But bankers say doing deals in the world’s biggest emerging market isn’t getting any easier.
