Top Japanese firms said agree to merge asset management

Daiwa SB Investments Ltd., part of Japan’s second-largest brokerage, plans to complete the merger with Sumitomo Mitsui Asset Management Co., a unit of the nation’s second-largest lender, in April 2019, the people said.


HSBC basks in satellite glory

The Bangabandhu-1 Satellite, which is scheduled to be launched today if weather permits, will be the first Bangladeshi geostationary communications satellite.


Macquarie platform, wrap businesses soar

Macquarie Group's platform, wrap and managed accounts businesses performed strongly in the full-year to 31 March 2018, latest financial results show.