Investment Banking

Will UBS quit its investment banking business in India?

Resignation of managing director fueling speculation.

UBS Japan fined US$100 million over LIBOR fixing

US says UBS traders wanted to get rich quick.

Citigroup appoints Valentin Garger as head of financial institutions group

Formerly managing director of the financial institutions group in Europe.

Philippines’ ChinaBank takes majority ownership in Plantersbank

ChinaBank will acquire of two-thirds of Plantersbank’s shares.

China moves closer to establishing municipal bond market

Two firms to issue credit ratings of local governments.

Mirza Adityaswara named Deputy Governor of Bank Indonesia

He’s an “outsider” in Indonesia’s central bank.

Indian banks urge central bank to boost liquidity

Will assist growth and increase demand for manufactured goods.

India resurrects loans to NRIs

Another move to defend sagging rupee.

UOB, OCBC predicted to compete aggressively for SGD deposits

SGD liquidity concerns crucial to NIM expectations.