05/05/2014

PNB merger plan to create global giant

PNB, the country’s biggest asset manager, is reportedly studying a proposal to consolidate SP Setia Bhd, Island & Peninsular (I&P) Sdn Bhd and Sime Darby Properties Bhd.

05/05/2014

Singapore and Korea to embrace covered bonds

Banks in South Korea and Singapore are being encouraged to diversify their funding through covered bonds as a result of new regulation. But given these institutions’ strong credit ratings and unfettered access to the capital markets, potential suppl