Investment Banking

Moody's assigns A3 to CIMB Bank's proposed EMTN

Moody's assigned a provisional foreign currency rating of A3 to CIMB Bank's US$1 billion Multi-Currency Euro Medium Term Notes Programme.  

China’s hedge funds show promise, development remains slow due to regulatory hurdles

The Chinese banking sector continues to flourish and the number of hedge fund investors is increasing rapidly in the country on the back of its...

Deduction of cost incurred to acquire treasury share under an employee share scheme

Back in the 2005, the Singapore Companies Act was amended to allow companies to hold its own shares in treasury.

Foreign-Invested Partnerships: New vehicles for private equity investments in the PRC

Several foreign private equity investors set up their investment vehicles in China in the form of "foreign-invested partnerships".

Indonesia issues a Merger Control Regulation

The recently issued "Merger Control Regulation" introduces new notification requirements for mergers, consolidations or acquisitions in Indonesia.

Nikko Asset Management acquires DBS Asset for $105mln

The Japanese trust company taps Asia's millionaires as DBS will take 7.25% stake in Nikko Asset.

Lacklustre performance continues to hound Japanese major investment banks

Japanese lenders’ woes to continue until end of March 2011 as its fragile market sentiment and economic conditions persist.

ADR facility to trigger US investments in Taiwan

 Unrestricted Level I ADR facilities for Taiwanese companies could greatly expand overseas investment opportunities in Taiwan, says BNY Mellon.

HSBC announces new Private Banking leadership in Asia and EMEA

Two Private Banking heads for Greater China and Singapore will succeed Monica Wong as Chief Executive of Private Banking in Asia.

Lone Star close to recover $1.84bln KEB investment

KEB’s interim dividend payment could mean that planned sale of lender would be postponed.

ANZ to replace ING brand with OnePath

Rebranding focuses on integrating lender’s Wealth group that pools lender’s insurance and fund management businesses.

Foreign lenders expand their China private banking operations

Renminbi new incremental loans amounted to $675.43bln in 1H 2010 prompted banks to recruit more staff.

StanChart and HSBC to launch higher-yielding RMB products

Regulators sealed agreement allowing HK financial institutions to offer higher returns on yuan savings accounts.