05/13/2017

SBI Insurance unit said to pick Deutsche, BNP Paribas for IPO

SBI Life is set to be the second IPO in the insurance sector since India’s parliament cleared a hurdle in 2015 and increased the size of the stake foreign investors can own in the nation’s insurers to 49 percent from 26 percent.

05/09/2017

China woes resulting in capital flight to US

It is part of a new crop of asset-management firms expanding China's reach on Wall Street as money has poured into the US from the world's second-biggest economy.