12/05/2012
He takes over responsibility for investment services, Des Moines, Iowa-based Principal said today in a statement.
12/05/2012
2011-2012 was a year of mixed fortune for Australia’s mutual banks, credit unions and building societies and according to KPMG’s Mutuals: 2012 survey, the sector can expect new and complex challenges ahead.
12/04/2012
UBS AG London and HSBC, Hong Kong branch, conducted their first ever renminbi (RMB) triparty repo using Euroclear Bank and the Hong Kong Monetary Authority (HKMA) as collateral management agents, respectively.
12/03/2012
Neither the Belgo-Dutch financial group nor GCS Capital, which is run by two former senior investment bankers at HSBC, gave many details on the talks, but a deal for the European asset manager could be worth up to €500m, according to bankers.
11/29/2012
HSBC, Europe's biggest bank, had entered talks over the possible sale of its Korean retail banking operation, which has 11 branches, as part of a widespread asset-sale programme.