Securities
Daiwa Securities to invest US$330 million in Aozora Bank
Daiwa Securities Group will take a stake in Aozora Bank, giving the bank access to fresh capital after it posted losses stemming from turmoil in the US property market. Daiwa...
Citadel Securities is setting revenue records, CEO Zhao says
CITADEL Securities chief executive officer Zhao Peng said the market maker is running at a “record pace” as it benefits from its expansion into new products and geographies. “We...
SGX securities turnover jumps 37% in April; derivatives activity continues to gain ground
TOTAL securities market turnover value on the Singapore Exchange (SGX) climbed 37 per cent year on year to S$25.5 billion in April, the highest since March 2023.
The jump in...
Credit Suisse China securities joint venture says staff down 46% in 2023
CREDIT Suisse’s securities brokerage joint venture in China said its staff numbers sank 46 per cent in 2023, a year the Swiss authorities arranged a takeover to keep the...
BNP Paribas hires 30 to build up new China securities unit
BNP Paribas has hired close to 30 people to launch its securities operation in China, re-entering the market after exiting a local joint venture 17 years ago, sources familiar...
China approves BNP Paribas plan for fully-owned securities brokerage unit
BNP Paribas has received approval from the Chinese securities watchdog to set up a wholly-owned securities brokerage arm in China, the latest foreign financial firm making inroads into the...
Coinbase must face US securities regulator’s lawsuit
A FEDERAL judge in Manhattan on Wednesday (Mar 27) said the US securities regulator’s lawsuit against Coinbase can move forward, but dismissed one claim the agency made against the...
China’s Citic Securities posts 7.5% fall in 2023 profit
CITIC Securities, China’s biggest brokerage, on Tuesday (Mar 26) reported a 7.49 per cent fall in its annual net profit, after shrinking investment returns and market turbulence.Net profit fell...
