Region: Asia Pacific
UOB, OCBC weather Covid storm
Asia Pacific | Industry
17h by Summer Wang & Amélie Labbe
The two Singaporean banks have both taken a hard hit to their bottom lines despite a soar of net gains from investment securities as they set aside a significant amount of allowances triggered by Covid-19.
Japan Market Review, June 2020: interest rate asset class gathering momentum
Asia Pacific | Market Reviews
07 Aug 2020 by Veselin Krastev
There were 108 structured products, worth an estimated JPY211 billion, added to the SRP Japan database in June.
DBS net profit down 25.7% despite treasury market surge
Asia Pacific | Industry
06 Aug 2020 by Summer Wang & Marc Wolterink
The Singaporean group’s net profit fell by over a quarter to SG$ 2.43 billion (US$1.77 billion) in 1H 20 compared to a year ago as its allowances rose five-fold to SG$ 1.94billion, two-thirds of which were for risks arising from Covid-19.
India Market Review, Q2 2020: 72% decrease in new product issuance
Asia Pacific | Market Reviews
06 Aug 2020 by Lora Stoynova & Marc Wolterink
Twenty-eight structured products were added to the SRP India database in the second quarter of the year.
SRP Apac awards: DBS banks on dispersion, outperformance trades amid pandemic
Asia Pacific | Conferences
05 Aug 2020 by Summer Wang & Pablo Conde
DBS Bank won two SRP awards: Best Private Bank, South and Southeast Asia and Best Distributor, Taiwan.
South Korea Market Review, June 2020: slowly back on track
Asia Pacific | Market Reviews
05 Aug 2020 by Lachezara Tsenova
Some 801 products were issued in the retail segment in June, a 28% increase from the previous month.
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Hang Seng Bank is top Apac issuer despite profit drop
Asia Pacific | Industry
04 Aug 2020 by Summer Wang & Pablo Conde
The Hong Kong-based bank reported a pre-tax profit of HK$10.62 billion (US$1.37 billion) in the first half of the year, a 33.19% decline from a year earlier, as net income fell 20.42% to HK$17.43 billion.
South Korea imposes new restrictions on structured products
Asia Pacific | Regulations & Legal
03 Aug 2020 by Summer Wang & Pablo Conde
The Financial Services Commission has released a series of measures to strengthen currency liquidity for securities firms and set up two platforms for investors in response to an increase in issuance of structured products in South Korea.
Nomura posts record revenue, SP activity remains subdued
Asia Pacific | Industry
31 Jul 2020 by Summer Wang & Pablo Conde
Nomura Holdings has delivered a net income of JPY 142.5billion (US$1.36 billion) in the three months ended June 30, which was a recovery from a loss of JPY34.5 billion a quarter earlier and 1.55x year-on-year (YoY).
