Investment Banking

State Construction's IPO the largest worldwide since 2008

State Construction's IPO the largest worldwide since 2008

The biggest in China since 2007, the initial public offering of China State Construction Engineering Corporation aims to raise as much as $7.3 billion...

BEA expands in Taiwan through AIG acquisition

The Investment Commission of the Ministry of Economic Affairs in Taiwan has approved BEA's move to acquire AIG Wealth Management Services Taiwan...

Will Temasek take another bite at the Chinese Banks?

Once bitten perhaps not so twice shy. Temasek and a Goldman Sachs fund are reportedly looking at buying Bank of America’s $8.5 billion stake in...

Shariah compliance observed for new dollar product

The Islamic Bank of Asia launched its first Shariah-compliant liquidity product, which acts like a fixed deposit but is, of course, Sharia-compliant.

Sukuk fever reaches Sokor

From the Middle East to London, to New York, and now to South Korea.

Malaysia's Islamic banks targets of foreign takeovers

It may seem the most unlikely of partners, but new banking liberalisation laws in Malaysia will let foreigners own up to 70 percent of an Islamic bank...

HK banks busted, sold Lehman bonds to mentally ill

And they almost got away with it. In yet a stunning development, the Hong Kong Monetary authority has identified 102 cases of banks selling anything...

Workers fund shows faith in Malay banks

The Employees Provident Fund has raised its stake in local banking stocks Alliance Financial Group Bhd, AMMB Holdings Bhd, Bumiputra-Commerce Holdings...

Investing with your all-weather financial partner

You might see your wealth protection and growth plans get displaced in the current economic climate, but having the right banking partner makes all...