09/02/2012
The five-year plan is to be spearheaded by Nathan Parnaby, who took on the newly-created role of chief executive of Asia in a recent shake up of senior personnel at the Edinburgh-based firm by chief executive David Nish.
09/02/2012
The rise in foreign currency assets was mainly due to an increase in unsettled purchases of securities and valuation gains on foreign currency investments.
09/02/2012
Both parties will also share non-confidential information and provide financial consulting on shipping and offshore finance, as well as to embark on human resources collaboration such as staff exchange.
09/02/2012
This mandate marks the continued expansion of Citi’s Renminbi (RMB) transaction services.
09/02/2012
“In an environment where market participant risk-taking in interest rates has been considerably reduced since 2008, this creates attractive alpha opportunities."
08/30/2012
Banks have been focusing on Tier 2 bank debt in recent months due to the ongoing uncertainty surrounding Additional Tier 1.
08/30/2012
ICBC Chairman Jiang Jianqing said the bank will reduce outstanding loans to property developers while encouraging personal mortgage loans.
08/30/2012
Funds transfers can be easily sent from Thailand to Myanmar.
08/30/2012
Knowles suggested that clients were also less likely to leave an ethical investment adviser during a financial crisis.
08/29/2012
The order book for the senior unsecured issue, which was deemed as a "toe in the water" bond issue, was placed entirely with Asian investors, with CNY800 million orders from 60 investors.
08/29/2012
Customers can trade local and foreign securities through dedicated relationship managers.
08/29/2012
Principal is seeking investors for the fund, which will be domiciled in Dublin, Adam Lackey, a company spokesman, said yesterday by phone. Tony Chu, a Hong Kong-based portfolio manager, will help oversee the investments.
08/28/2012
The venture, made up of Mr Li's Cheung Kong Holdings, Hongkong Land Holdings and Keppel Land, developed the Marina Bay Financial Centre for about S$4.5 billion, it said.
08/28/2012
First-half net profit for the country's top insurer was 9.6 billion yuan (HK$11.7 billion) - a decline of 25.7 percent on the six months last year - and earnings per share came in at 34 fens.
08/28/2012
Head honchos of some of the top brokerages have taken salary cuts in line with the decline in net profit amid gloomy stock markets and falling volumes.
08/27/2012
In Asia, the Asset Triple A Awards represent a defining mark of excellence in the industry.
08/27/2012
Thomas Book, head of clearing at Eurex, told a press briefing that the exchange was in talks with one unnamed Singapore bank about clearing house membership after the Monetary Authority of Singapore in June allowed local banks and brokers “remote cl
08/26/2012
For the third consecutive year, Malaysia's Public Bank wins FinanceAsia's award for Best Asian Bank, which we announced at our annual Country Awards dinner in Macau on Friday.
08/26/2012
Fifty-five companies were honoured today (August 27) at the 2012 Hong Kong Awards for Industries (HKAI) presentation ceremony cum gala dinner at which the Financial Secretary, Mr John C Tsang, officiated.
08/22/2012
Through its partnership with GreensLedge, GoldenTree will seek to further develop its local brand by continuing to offer high-quality client service to its existing Japanese investors and by leveraging GreensLedge’s local expertise and deep relation