Citi nabs BofA banker to lead Chinese banking operations
Wenjie Zhang will join Citibank (China) in July 2025. Citi has appointed Wenjie Zhang as Citi Country Officer & Banking…
Category: Investment Banking
Investment Banking
SMBC Malaysia nabs StanChart banker as head of corporate banking
Wendy Ooi will lead SMBC Malaysia’s non-Japanese corporate banking strategy. Sumitomo Mitsui Banking Corporation Malaysia Berhad (SMBC Malaysia) has named…
Weekly Global News Wrap: BNY Mellon mandates 4-day office rule; EU weighs UniCredit bid
And Warren Buffet will step down as chief of Berkshire Hathaway by the end of 2025. From Reuters:Bank of New…
Nomura AM names Terence Lam as head of distribution for Asia ex. Japan
He brings over 25 years of experience in the asset management industry. Nomura Asset Management has appointed Terence Lam as…
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…
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…