Investment Banking
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...
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...
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...