News
StanChart taps Templeton Emerging Markets Fund
Lenders holding StanChart's IDR started sourcing anchor investors from foreign investors, local banks and mutual funds.
StanChart taps Templeton Emerging Markets Fund
Lenders holding StanChart's IDR started sourcing anchor investors from foreign investors, local banks and mutual funds.
SGX securities trading up 34% to $35bln
Securities and commodities activity strong in April as investors maintain interest and confidence on market.
Aberdeen reduced bank borrowings by £150 million
Aberdeen Asset Management PLC reported underlying profit before tax of £92.6 million for six months to 31 March 2010.
Nomura announces dividend payment
In line with its dividend policy for the fiscal year ended 31 March 2010, Nomura will pay a dividend of 4 yen per share to shareholders of record as of the above date.
UOB Asset Management awards fund administration to BNY Mellon Asset Servicing
BNY Mellon selected due to its robust global infrastructure capable of supporting administration needs in Asia.
DBS to invest $150mln in a Myo Capital fund
Lender eyes minority stake on fund to benefit from distressed debt, bonds, leveraged debt in Asia-Pacific.
SMX signs MoU with TOCOM for derivatives trading
Tokyo Commodity Exchange and Singapore Mercantile Exchange will explore co-operation and partnership for market reach expansion with the signing of a Memorandum of Understanding.
Algebris eyes opening of Singapore office
London-based Algebris Investments LLP is planning to open its office in Asia as growth in the region attracts investors.
Morgan Stanley posts $9.1 billion of net revenues
The reported number is a 33 percent rise from the end of the year.
Nomura establishes local subsidiary in Korea
Under the Financial Investment Services and Capital Market Act, the Financial Services Commission of Korea has granted final approval for the conversion of Nomura's Korean branch into a licensed subsidiary.
SGX seeks comment on proposed rules
Singapore Exchange wants to know public view on planned acceptance of banks as securities trading members.
Asia Pacific investment activity rose by 37%
China developers' rush to close land deals as authorities tighten lending conditions pushes region's investments up.
Morgan Stanley, MUFG integrate operations in Japan
Mitsubishi UFJ Financial Group and Morgan Stanley are expected to commence joint venture operations on 1 May 2010.
BNP Paribas and Fortis Investments complete merger
The combined entity is now operating under the brand name BNP Paribas Investment Partners.
CapitaMalls establishes S$2bln EMTN Programme
The Euro-Medium Term Note Programme, established by CapitaMalls Asia Treasury Limited, will be unconditionally and irrevocably guaranteed by CapitaMalls Asia Limited.
Lone Star urges foreign investors to acquire KEB
US fund sent letters to investors in an effort to resume lender’s delayed sale.
SBI hires 18,000 to mutual fund sales force
Move can make lender India’s biggest mutual fund marketing machine.
