Weekly Global News Wrap: Piraeus buys 90% of Ethniki Insurance; BBVA SA seeks double CIB revenue
And the world’s leading climate coalition seeks new members as it overhauls rules From Reuters: Greece’s Piraeus Financial Holdings is…
Category: Investment Banking
Investment Banking
Banks ramped up fossil fuel financing in 2025
Amongst Asian banks, Mizuho Financial and Mitsubishi UFJ Financial are on top of the list. The world’s 65 biggest banks…
Mizuho has given out JPY40.3t in sustainable finance loans in 5 years
The bank expects to have reduced its Scope 1 and 2 emissions by 64%. Mizuho Financial Group has cumulatively extended…
Nomura withdraws from Net-Zero Banking Alliance
MUFG and Mizuho remains signatories. Japan’s Nomura Holdings is withdrawing from the Net-Zero Banking Alliance (NZBA), a company spokesperson said…
What is best practice when setting up an in-house bank?
The first step in setting up an in-house bank is to define its strategic purpose. As companies in Asia expand…
Mizuho teams up with Mercer to offer outsourced CIO services in Japan
Mizuho’s Asset Management One will provide the services. Mizuho Financial Group is collaborating with Mercer Japan Limited and Mercer Investments…
Nomura adds Allspring Income Fund to private banking lineup
The fund will be offered to private banking clients in Singapore and Hong Kong. Nomura’s International Wealth Management arm is…
ANZ names Chris Raciti as country head of ANZ Singapore
He will also have oversight for eight markets in SEA, India, and the Middle East. The Australia and New Zealand…
HSBC cuts dozens of analyst jobs in investment banking overhaul: report
Most of the cuts were in Europe, a source said. HSBC has cut more than two dozen analyst jobs in…
Nomura setting up fourth banking division
Regulatory authorities likely guided it to set up a separate banking division. Nomura is reportedly setting up a fourth division…