Banks

Talent fight intensifies in Hong Kong’s US$1 trillion wealth hub

The city is re-emerging as a primary destination for shifting capital, amid geopolitical volatility in the Middle East and regulatory tightening in Singapore

The deal underscores the staying-power of corporate funding tied to ESG  goals in emerging markets, even as such instruments have moderated after a period of expansion.

VPBank seeks US$1.2 billion in one of Vietnam’s largest ESG deals

The Hanoi-based firm has mandated more than a dozen banks to underwrite the three-year facility, according to sources

Georges Elhedery has carried out a radical restructuring of the lender since taking the helm in 2024.

HSBC mulls deep job cuts from multi-year AI-fuelled overhaul

The changes could ultimately affect around 20,000 roles, or about 10 per cent of its total workforce: source

The exodus comes as a surge in dealmaking, fuelled largely by equity capital markets, has prompted companies to recruit banking talent to bolster internal strategy and finance teams.

Senior bankers quit Wall Street jobs for corporate roles in Asia

The talent squeeze is being further tightened by intensifying poaching from rivals and a rising demand for qualified IPO sponsors

Wealth bankers rush to calm growing private credit fears in Asia

Wealth bankers rush to calm growing private credit fears in Asia

Regulators in Asia are also increasing scrutiny of the asset class, aiming to protect less-savvy individual investors

There are fears that AI will undermine the business model of software companies backed by private credit.
PERSPECTIVE

Should investors worry about a 2008-style shock?

From Iran to private credit, things are unnerving but the wider financial system is better prepared

The policies and rules that govern finance affect how capital moves, what risks are taken and which priorities are funded.
THE BROAD VIEW

Fortifying the role of finance after Indonesia’s floods

When well governed, it can absorb shocks, speed reconstruction and strengthen resilience

Hong Kong’s financial industry is under increasing scrutiny, in the midst of a resurgence of deal activity.

JPMorgan, UBS dropped hedge fund embroiled in Hong Kong probe

Regulators have also warned banks over the quality of IPO applications

Asian lenders have steadily increased their involvement in the region since last year.

Asian banks pause Gulf lending drive on mounting risks from war

Some banks from Japan, Greater China and Singapore are also reviewing their pipelines and existing exposures