Managers of Wealth Asia Pacific

Bank takes step to increase international use of Chinese currency

CCB plans London dim sum bond launch in Dec

Euroclear’s Collateral Highway opens further with Korea Securities Depository agreement

Euroclear Bank has announced that it will sign a Memorandum of Understanding tomorrow with the Korea Securities Depository

Former Jefferies exec sets up specialist advisory firm

A number of financial services execs have tried their hands at boutique advisory firms in the recent past, with mixed results.

AgBank says gets govt ok for Jiahe Life investment

After completion of the Transaction, the Bank will hold 51% of the total issued shares of Jiahe Life.

Swiss bank converts all India funds to QFIs

Last year, France’s Societe Generale the exited private banking business in India, and Bank of America-Merrill Lynch’s wealth management business outside the US, was acquired by Julius Baer.

Standard Life revives Indian listing plan

Standard Life is back on the trail to list its Indian joint venture as the life assurance market recovers from a regulatory overhaul, with a flotation possibly coming as soon as the second half of next year, according to bankers.

GSAM joins transaction network

This enables the industry to become increasingly automated throughout the trading cycle

Reliance Capital in talks for stake sale in general insurance arm

Without disclosing any names or potential deal size for Reliance General Insurance stake sale

Chinese 'Sunshine Funds' Come to HK

Sunshine private trust funds, which are China’s equivalent of hedge funds

HKMA Exchange Fund 3Q Investment Gains HK$41.2 Billion

The result brings the Exchange Fund's income for the January-September period to HK$80.1 billion

Nomura Reaches Agreement on Sale of Annington

The acquisition is due to be completed by the end of 2012

Affin Q3 net profit up 19.6%

Revenue grew 13.3%

ING to sell Asian investment unit

ING's investment management business in Thailand is among the top 3 foreign fund management houses in the country.

S'pore 2nd largest offshore yuan centre

RGI measures the internationalisation of the currency using the parameters of offshore yuan deposits, dim sum bonds and certificate of deposits, trade settlement and other international payments, as well as foreign exchange turnover.

S'pore attractive to smaller hedge funds despite tighter rules

EFMs had previously been excluded from many rules governing licensed funds.

Asian Hedge Fund Industry Gets Crowded

Seventy have done so this year already, with more expected to throw in the towel over the next six weeks.

HSBC in talks to sell $9.3bn China insurance stake

HSBC sale of Ping An stake could help bank record $6.5bn in pre-tax profits and boost its tier-one capital ratio to 13.6%

Hong Kong Eclipses New York as Most Expensive Retail Location

Hong Kong ended New York’s 11-year reign as the home of the world’s most expensive district for retailers as luxury-brand companies competed for space to sell goods to mainland Chinese tourists.

China mulls opening door on gold market

Such a plan, if brought to fruition, could also eventually give the country more control over international gold prices, according to experts contacted by the Global Times.

CSRC extends Blackrock second licence to trade Chinese securities

Mark McCombe, BlackRock's Chairman, Asia-Pacific said: “As the second-largest economy in the world and a key contributor to global growth, China is an important investment destination for our clients globally.

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