10/21/2014

AMP creates global infra platform

AMP Capital has created a global infrastructure platform by combining a new Global Infrastructure Fund with its existing Strategic Infrastructure Trust of Europe (SITE).

10/21/2014

Bitcoin exchange goes live

Bitcoin enthusiasts who want to trade the controversial cryptocurrency in a formal setting can now do so, with the launch of Independent Reserve's Bitcoin exchange.

10/17/2014

NAB life insurance sale could reap $1.5bn

The Australian bank’s life insurance unit has been the subject of intense speculation over the past fortnight, with reports NAB has tapped JPMorgan to potentially sell the struggling division.

10/17/2014

Singapore’s UOB targets Dubai in futures push

United Overseas Bank, Singapore’s third-largest bank by assets, has become the first bank in the Asian city-state to expand its futures business to the Middle East, with plans to become a clearing member of the Dubai Mercantile Exchange.

10/16/2014

AIA, MetLife Said to Mull Bids for NAB’s Life Insurance Unit

AIA Group Ltd. (1288) and MetLife Inc. (MET) are among companies weighing bids for National Australia Bank Ltd. (NAB)’s life insurance unit, which may fetch as much as A$1.5 billion ($1.3 billion), people with knowledge of the matter said.

10/14/2014

Deutsche Bank China ETF Luring Cash As Buyers Wait

The fund managers running the X- trackers Harvest CSI 300 China A-Shares ETF at Deutsche Asset & Wealth Management are facing a problem their rivals would love to have. They’re luring too much money.