08/27/2014

OCBC in Talks With Thai Billionaire

Oversea-Chinese Banking Corp. (OCBC) and its insurance subsidiary are in exclusive talks to sell their stakes in Singapore’s United Engineers Ltd. and its WBL Corp. unit to Thailand’s richest man.

08/26/2014

Global Wealth Partners aims for $300m IPO

The LIC will initially invest in four underlying funds managed by leading US based alternative investment managers that in turn predominantly invest in global equities.

08/26/2014

The rise of the Asian superbroker

Global banks have had a tough time in the past five years. Soaring capital adequacy ratios and ballooning compliance costs have forced them to look carefully at their business models and cost bases.

08/24/2014

China likely to issue offshore Renminbi bonds

The sources in Minister for Planning, Development and Reforms said that minister Ahsan Iqabal will lead a delegation to Beijing to finalise agreements prior to the visit of the Chinese President

08/22/2014

RSA sells Singapore, Hong Kong ops

RSA Insurance Group has reached agreement, subject to regulatory approvals, to sell the insurance business of each of its branches in Singapore and Hong Kong to Allied World Assurance Company, Ltd.