You are here

Back to basics: Global investment banks beef up transaction business in Asia

They are gearing up for a likely pick-up in trade and using investment banking platforms as a lever
Friday, April 21, 2017 - 05:50

In its inaugural transaction banking league table, industry analytics firm Coalition ranked HSBC and JPMorgan as the two strongest performers in 2016 in Asia, based on revenue versus a year earlier.

Hong Kong

WITH dealmaking in Asia sluggish and Chinese investment banks taking market share from global rivals, some foreign banks are ploughing resources into transaction banking, the workaday business of financing trade, managing cash and facilitating payments.

At a time of

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom