bofa

Banking cull continues as profits rise

Off-balance sheet income is driving global banks’ Q3 earnings, a McKinsey report has found, but to sustain growth momentum, Asia’s institutions will need to overhaul inefficiencies.

October 24, 2023

Chinese state-owned duo hit Asian G3 bond market

China's largest construction company and a local government financing vehicle from Tianjin add to a market struggling to digest a flood of new paper.

June 07, 2016

Shankar joins CLSA as BofA stops investment banking

Viswanthan Shankar, outgoing head of Bank of America''s Asian investment banking unit, talks about BofA''s decision to close and his decision to join CLSA.

July 26, 2001