News

RBS upgrades Asian investment banking with key appointments

Appointments of 4 RBS high calibre heads aimed to provide world class banking in region.

RBS upgrades Asian investment banking with key appointments

Appointments of 4 RBS high calibre heads aimed to provide world class banking in region.

NAB to seek asset buyers of investment manager Axa Asia

Lender in negotiation to dispose assets to win approval of Australia’s regulator.

Fitch: Japanese investment banks return to profit

Agency still cautious as Europe's sovereign credit crisis can pull down anemic growth of Japanese lenders.

Economic recovery ignites interest in sovereign wealth funds

Singapore ranked among highest in country reputation category, which impacts SWF image, investment potential.

ANZ expands wealth management services in Japan

ANZ launched a new sub-branch in Nagoya to provide more convenient wealth management services to  Japan’s major metropolitan centres.

OCBC sells equity fund sans upfront charges

Some analysts see the unprecedented move will be followed by other players.

SGX lines up market participants to promote liquidity

SGX eyes creating pool of liquidity providers committed to trade Prudential shares in May 25 listing.

Chinatrust Financial board approves 2.5bln share issue

Price per share of private placement tagged at US$0.51 allows firm to raise US$1.3bln.

Extension of Axa Asia deal with NAB possible

Parties discuss move to sell assets to appease the Australian Competition & Consumer Commission.

SGX, commission in Chongqing sign listing collaboration

Tie-up aims to promote the listing of companies supervised by Chongqing SASAC on SGX.

Asian investors enthusiastic about the private equity opportunity

Asia heralded as the new fundraising region for US and European Private Equity firms.

Nomura announces correction to financial statements

The correction related to Nomura Securities Co Ltd's Capital Adequacy Ratio does not affect the firm's consolidated financial position.

ICICI Venture mulls launching $500mln infrastructure fund

India's ICICI Venture, the private equity arm of lender ICICI Bank, plans to launch a $500 million fund by July to invest in infrastructure projects, its chief executive said.

OSK-UOB introduces $31mln fund

OSK-UOB Flexible China Solutions provides opportunities to tap the Chinese market for a minimum of $3,115 investment.

JPMorgan picks Singapore for precious metals vault

To be opened during the third quarter of 2010, the precious metals vault facility will facilitate trading in gold and other valuable commodities.

HSBC launches investment solution for unit trusts

FundMax enables unlimited transactions and switching between funds for a single monthly fee.

DBS to add hundreds of wealth management staff

Lender wants bigger share of private banking market as 23% quarterly profit rise disappoints.