Investment Banking
Union Bank partners with Belgian KBC Asset Management
Parties will invest $67mln for new mutual fund business targeted to launch in Q4 2010.
Union Bank partners with Belgian KBC Asset Management
Parties will invest $67mln for new mutual fund business targeted to launch in Q4 2010.
RHB Investment Bank launches DMA Equity on Bursa Malaysia
The Corporate and Investment Banking arm of the RHB Banking Group is the first Malaysian broker to be DMA-ready when it started the service back in...
Commonwealth beefs up equity business with new hires
2 ex-Merrill Lynch professionals appointment was prompted by lender's successful hiring of 16 people from rivals.
Morgan Stanley board approves China bank stake divestment
US bank just awaits China regulator's approval to complete sale of 34.3% stake in CICC.
ANZ declines AMP's US$3.6bln stake sale offer
Bank preferred to focus on integrating ING and ‘organic growth’.
Maybank Singapore offers equity-linked structured deposit
Blue Skies Structured Deposit's US$7,094 minimum initial investment can yield maturity payout of 10%.
Bank of Communications plans raising $3.7bln
Funds to support balance sheet could reach up to $5.85 billion as amount is not yet finalised.
CIMB Thai eyes selling unit stake to parent
100% stake in Sathorn Asset Management with $90.38mln NPL planned to be sold to CIMB Group.
Bocom International to raise $500M for China private-equity fund
Bocom International is seeking to raise as much as $500 million in its first private-equity fund focusing on Hong Kong and China.
China Exim Bank to receive Central Huijin funding
Central Huijin plans to inject $7.32bln to the lender and China Export & Credit Insurance Corp.
StanChart to hire 500 in HK for wealth management
Standard Chartered said it is planning to hire 500 more employees this year for its wealth management business in Hong Kong in time for Asia's wealth...
BoCom shares dip after news on rights offer
Following a newspaper article saying the lender may raise more than 20 billion yuan, or $2.9 billion, in a rights offer, Bank of Communications Co...
SC First assigned as primary dealer of T-bills
Korea’s Finance Ministry is confident the lender can largely contribute to enhanced circulation of treasury bills.
BOCHK’s subordinated notes rated 'BBB+'
Standard & Poor's assigned its 'BBB+' rating to BOCHK’s proposed U.S. dollar-denominated subordinated notes due 2020.
Major Arab bank eyes sale of RBS unit in Pakistan
The biggest publicly traded Arab investment bank is looking at acquiring a majority stake in the beleaguered Pakistan unit of Royal Bank of Scotland...
Bank of India's unsecured notes get 'BBB-'
Standard & Poor's rated Bank of India's proposed senior unsecured notes under its US$2 billion medium-term notes program a 'BBB-'.
Metrobank entrusted to manage BSP Provident Fund
Lender's fund management excellence earned accreditation from the Philippines' central bank.