PRIVATE BANKING

Foreign lenders expand their China private banking operations

Renminbi new incremental loans amounted to $675.43bln in 1H 2010 prompted banks to recruit more staff. Read ››

Ikeda and Senshu integrate with BTMU support

The Bank of Ikeda, Ltd. and the Senshu Bank Ltd., a consolidated subsidiary of the Bank of Tokyo-Mitsubishi UFJ, Ltd., have entered into an agreement concerning their business integration with BTMU. Read ››

VP Bank the new kid on S’pore’s private banking block

In the midst of Singapore’s rise as the undisputed private banking hub of Asia, Isaac Stewart speaks to Reto Isenring, Managing Director of VP Bank, Singapore. Read ››

MUFG denies merger report with Morgan Stanley

Mitsubishi UFJ Financial Group (MUFG) denies having reached a deal to a time table or structure with Morgan Stanley for a joint operation in Japan. Read ››

HSBC expands rural bank franchise to Beijing

HSBC has opened a rural bank in the Miyun County of Beijing, further expanding its rural banking franchise in mainland China. Read ››

Nomura launches Investment Banking operations in India

Nomura Financial Advisory and Securities (India) Private Ltd. (Nomura India), a wholly owned subsidiary of Nomura Holdings, Inc. Read ››

HSBC begins operating as Vietnam's first locally incorporated foreign bank

HSBC has started operating its locally incorporated entity on January 1, 2009. Read ››

Credit Suisse wins Outstanding Global Private Bank award

Credit Suisse was awarded two major international industry accolades as "Outstanding Global Private Bank" and "Outstanding Business and Entrepreneurs Private Bank" at the 18th Private Banker International Wealth Management Summit held in Singapore.In addition, Credit Suisse was also selected as a finalist in the award categories of "Outstanding Private Bank - Europe", "Outstanding Global Private Banker" and "Outstanding Young Private Banker". Read ››

StandChart loses chief economist Joseph Tan to Credit Suisse PB

Credit Suisse announced that it has appointed Joseph Tan as Director and Asian Chief Economist for Private Banking. Read ››