07/29/2015

Legg Mason to acquire Sydney-based boutique

The deal – which calls for an upfront cash payment of A$112 million and earn-outs of up to A$42 million over a three year period - should close by the end of November, said a Treasury Group/Northern Lights' news release.

07/27/2015

Hang Seng to launch China funds JV with majority stake

The Hong Kong bank plans to set up a joint venture funds company with majority control in Shenzhen’s Qianhai zone. It would be the first such mainland JV and a significant milestone in China’s funds liberalisation.

07/25/2015

Softlogic Capital bounces strongly in 2014/15

The company which controls the financial services business of the Softlogic Group is however upbeat about its future prospects given its estimation of the high potential of financial services in Sri Lanka’s economy.