Retail Financial Services
UniCredit pulls trade team out of Singapore
The bank's Forfaiting & Trade Finance business moved to Hong Kong, headed by Charles Brough and Florence Kwan.
UniCredit pulls trade team out of Singapore
The bank's Forfaiting & Trade Finance business moved to Hong Kong, headed by Charles Brough and Florence Kwan.
ING Asia Private Bank renamed Bank of Singapore
OCBC has completed the acquisition of Singapore-based ING Asia Private Bank Limited and its subsidiaries for approximately US$1,446 million.
BEA complies with China's data centre requirement
BEA China became the first locally-incorporated foreign bank in China to open a data centre.
Prudential is buying UOB’s life insurance unit
The life insurance unit of Singapore’s second-largest lender by market value will be purchased by Prudential Plc for S$428 million ($306 million).
Taiwan learns from life insurers' experience
Due to unknown operating risks and strong domestic competition, Taiwan banks will be careful in penetrating China's banking sector.
SGX reports $305.7 million net profit for F2009
Singapore Exchange Limited has reported a net profit 31.2 percent lower compared to F2008's $444.3 million when global stock market indices peaked...
Assn. of Financial and Commodity Traders formed
Singapore Exchange Limited (SGX), joined by a group of its Trading Members, has launched the Association of Financial and Commodity Traders...
Société Générale launches GCM platform in APAC
Société Générale Corporate & Investment Banking is extending Global Capital Markets (GCM) to the Asia Pacific region with the launch of a GCM...
Nomura to acquire NikkoCiti
The Nomura Trust and Banking Co., Ltd. will acquire all of the shares of NikkoCiti Trust and Banking Corporation.
Freckenberg, Magnouat head SG’s leveraged finance in Asia
Marc Frenkenberg and Bruno Magnouat will be co-Heads of the Acquisition & Leveraged Finance for Asia Pacific effective 1 August 2009.
MUFG to acquire Morgan Stanley common stock
Mitsubishi UFJ Financial Group has decided to purchase shares of common stock of Morgan Stanley for approximately US$440 million.
Shaun Parkes joins J.P. Morgan in Asia
Shaun Parkes has been appointed by J.P. Morgan as head of Worldwide Securities Services, Asia excluding Japan.
Allianz Life suffers from crisis
Allianz' life insurance premiums from both Asia-Pacific and the Middle East fell slightly to $7.4 billion due to the turmoil on financial markets...
AXA reveals four senior appointments
AXA Life Insurance Singapore appointed four senior executives to respond to the global financial crisis.
Fortis merges Asian equities and China investment centres
Fortis Investments is merging its Asian Equities and Greater China investment centres into one single, autonomous unit as it recognizes the strategic...
