Confidence wanes in Malaysia govt-backed 1MDB bonds

The contrast reflects growing investor concern about the Malaysian government's backing as it grapples with an economy forecast to expand at its slowest pace in seven years amid a collapse in oil prices.


Ageas Asia First Quarter Gross Inflows Up 14%

Announcing the 3 months 2016 results, Gary Crist, Chief Executive Officer of Ageas Asia commented: "Ageas Asia's 3 months 2016 results were marked by continued strong performance in the region.


Mizuho Sees Profit Falling 11% as Negative Rates Hit Margins

The Tokyo-based companies are the first of Japan’s three biggest banks to indicate how earnings this fiscal year will be dented by the Bank of Japan’s January decision to start charging lenders for some of their excess reserves parked at the i


Sun Life Grepa posts robust gains in 2015

“The achievements we had in the previous year give us the momentum to further pursue our mission of empowering Filipinos and help them become financially secure,” he added.


Metrobank, PSBank Post Higher Q1 Profits

Metropolitan Bank and Trust Co. grew its first-quarter net profit by 3 percent year-on-year to P5.25 billion on higher interest income and treasury gains.


CS sees boostinhiring for Asiawealth management,IB

The Asia Pacific chief executive of Credit Suisse, Helman Sitohang, said in a conference call on Thursday that the bank is to increase its headcount in the region as it hires wealth managers and adds selectively in the investment bank.


CBA posts third quarter profit of $2.3bn

In the 31 March 2016 quarter, CBA saw its loan impairment expense climb higher to $427 million, equating to 25 basis points of gross loans and acceptances for the quarter.


IndusInd Bank hopes to make more profit in rural India

The bank is well on its way to achieve its 1200 branch network by March 2017 as it has already got an active network of 1000 branches as of March 2016. But Sobti said despite digitisation, the bank will continue to add branches.