Investment Banking

MBK Partners emerges as sole bidder for KEB

Fund is the only bidder that submitted proposal of $4bln as rivals offered less than $3.3bln.

MBK Partners emerges as sole bidder for KEB

Fund is the only bidder that submitted proposal of $4bln as rivals offered less than $3.3bln.

Metrobank bags Reuters prestigious honor

The Philippines' Metropolitan Bank & Trust Company (Metrobank) was awarded Best Bond Fund Group in the Lipper Fund Awards of Thomson Reuters.

ANZ establishes underwriting unit in the Philippines

ANZ authorised by SEC to engage underwriting of government and corporate securities in the country.

Nomura and MBK Partners discuss KEB bid

Parties in early talks for joint bid for KEB even as ANZ showed interest.

BNY Mellon appoints Dominick Falco President Japanese unit

Falco’s 20-year experience in securities expected to capture opportunity in Japan through Japanese Trust Bank.

Societe Generale unit and Japaninvest join forces

Alliance expected to offer coverage representing 25% of global market capitalisation.

HSBC plans selling private equity units

British bank HSBC is in talks that could lead to five separate management buyouts of its private equity fund management businesses as banks go back...

AXA grants NAB extension to win regulator’s nod

Exclusivity agreement prevents AXA from seeking bids from other banks for 6 weeks.

RBS upgrades Asian investment banking with key appointments

Appointments of 4 RBS high calibre heads aimed to provide world class banking in region.

Fitch: Japanese investment banks return to profit

Agency still cautious as Europe's sovereign credit crisis can pull down anemic growth of Japanese lenders.

New CIMB product offers dual income returns

Dual Income Insurance Plan enables customers to earn from the range accrual of KLIBOR, and equities indices of developed nations.

ANZ expands wealth management services in Japan

ANZ launched a new sub-branch in Nagoya to provide more convenient wealth management services to  Japan’s major metropolitan centres.

OCBC sells equity fund sans upfront charges

Some analysts see the unprecedented move will be followed by other players.

ICICI Venture mulls launching $500mln infrastructure fund

Lender joins other private firms to fund India's $1tln infra projects between 2012 and 2017.

OSK-UOB introduces $31mln fund for Privilege Banking clients

OSK-UOB Flexible China Solutions provides opportunities to tap the Chinese market for a minimum of $3,115 investment.

HSBC launches new investment solution for unit trusts

FundMax enables unlimited transactions and switching between funds for a single monthly fee.

DBS mulls adding hundreds of wealth management staff

Lender wants bigger share of private banking market as 23% quarterly profit rise disappoints.