Investment Banking
Yang to head SG China's Global Markets
Yang to head SG China's Global Markets
Société Générale Corporate & Investment Banking has announced that Yang Duan is new Head of its Global Markets division for China. He replaced...
UOB’s life insurance unit to be purchased by Prudential
The life insurance unit of Singapore’s second-largest lender by market value will be purchased by Prudential Plc for S$428 million ($306 million).
BEA widens product range with constituent funds
The Bank of East Asia Limited has launched four constituent funds under its Mandatory Provident Fund schemes.
Hong Leong Investsafe gross returns at 4.25%
Hong Leong InvestSafe has consistently produced gross returns higher than fixed deposits since its inception three years ago.
Maybank offers closer-to-home investment
Maybank has launched its 1Malaysia Momentum or M3 Structured Deposit, a capital protected investment plan for investors seeking potential gain...
StanChart India beefs up shares advisory operations
South Asia CEO wants to tap share selling that has generated $3.11 billion this year.
Bank of Baroda commences life insurance business
Bank of Baroda enters the industry via a joint venture with Andhra and a U.K. company.
Morgan Stanley resells stake in China Investment Capital
Morgan Stanley's possible $1 billion deal will remove hindrance in expanding its presence in mainland China.
Temasek says portfolio improving
CEO Ho Ching said company’s early move reaps 32 percent growth in investment.
SocGen sees India as catalyst for growth
In the next two to five years, SocGen is set to add services to existing locations in India and to acquire 37 percent stake in SBI Funds Management.
CIMB launches exclusive structured product
CIMB Bank Bhd head of retail banking Peter England said the bank's new product aims to protect capital and ensures returns.
CCB to establish first yuan-denominated fund
CCB aims to jack up more revenues coming from sources apart from lending by raising $380 million in its first yuan-denominated private equity fund...
BEA to acquire stake in Golden Eagle fund
A $4 million deal can provide Bank of East Asia Ltd (BEA) entrance into China's fund market.
ICBC credits new products for increased incomes
ICBC introduced 320 varieties of new financial products during the first half of this year to increase its incomes in investment banking, debt...
Ambank’s quarterly profit up by 27%
Ambank Group recorded a profit after tax and minority interests of $731.34 million for the first quarter of its financial year ending 31 March 2010...
HK client sues UBS for $32 million
And it never ends. Just a week after major banks announced they would make good on some Lehman mini bond losses, it has emerged that a 77-year-old...
If Goldman is selling, why is NAB buying?
Goldman Sachs is not known for getting the bad end of a deal, so it may be a surprise to learn Australia's NAB is buying its wealth management...
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