06/24/2012

BNP Paribas Australia Launches Custody, Settlement Business

"We looked at where we anticipated growth would be and Asia looked like a particularly worthwhile place to invest," Pierre Jond, managing director of BNP Paribas Securities Services in Australia and New Zealand, said Monday. "In the context

06/15/2012

Hong Kong to offer renminbi loans to banks

Liquidity squeezes have shaken the offshore renminbi money markets on three occasions since the start of the year, with short-term interest rates spiking as lenders scrambled for funds.

06/15/2012

HKEx to Acquire London Metal Exchange

"The deal could immediately prop up HKEx to become one of the major global metals and commodities exchanges," Hong Kong Exchanges Chief Executive Charles Li said.

06/13/2012

TMF Group sponsors Malaysian Wealth Management Forum

The Wealth Management Forum is hosted by Hubbis, an independent provider of editorial content and training for the wealth management industry in Asia. The forum is the leading event of its kind in Malaysia, and dedicated to the wealth management and priva

06/13/2012

CIMB Group, Maybank head list of top 10 companies

The poll was to find Southeast Asia’s top companies and the others listed were Public Bank, Telekom Malaysia, Maxis, IOI Group, Tenaga Nasional, YTL Corp, AirAsia and Petronas Chemicals.

06/12/2012

Hong Kong offers friendly environment for hedge funds

Hong Kong offers a friendly environment from a regulatory and tax perspective, Asia-focused hedge fund managers who participated in the latest Opalesque Hong Kong Roundtable, sponsored by Eurex and SunGard said.

06/08/2012

Ex-Lehman trader quits as Asia hedge funds falter

The latest to quit is former Lehman Brothers trader Allan Bedwick, who is shutting his $120 million Asia-based fund after giving it a two-and-half-year run, fund documents obtained by Reuters showed.