10/18/2012
RHB Capital Bhd group managing director Kellee Kam has dismissed reports suggesting that the banking group is a takeover target by its bigger counterpart Malayan Banking Bhd, reiterating that RHBCap is "happy" to operate as a standalone organis
10/18/2012
SGX recorded revenue of $160 million ($178 million), net profit of $74 million ($88 million) and earnings per share (EPS) of 7.0 cents (8.2 cents).
10/18/2012
The deal brings Singapore dollar bond issuance to US$21.3 billion so far this year, almost double the US$11.7 billion at which it stood this time last year, according to figures from data provider Dealogic.
10/18/2012
BNP Paribas Investment Partners has launched an advisory services partner named FundQuest Advisor after it transferred funds previously managed by FundQuest to its multi-asset specialist arm.
10/17/2012
“This will enable us to focus on opportunities unique to our group’s business model,” group managing director Ashok Ramamurthy said today.
10/17/2012
A survey of fund managers Bank of America Merrill Lynch shows that global fund managers have increased their exposure to emerging markets in October, even as they continued to tread cautiously.
10/16/2012
Tata AIG will offer a range of general insurance solutions to Axis Bank customers through the Bank's distribution network across India.
10/16/2012
The SAIF Partners Greater China Fund will employ the long/short equity strategy, the most popular hedge fund strategy in Asia.
10/16/2012
Since the acquisition of Prudential Bache in 2011, Jefferies has expanded its listed derivatives team in Asia, and the Singapore office will be key to servicing new and existing clients in the region.
10/15/2012
A series of high profile meetings have been convened with Japanese officials and leaders of financial firms.
10/15/2012
BlackRock has predicted huge consolidation of Australia's industry super funds
10/15/2012
Rabobank has yet to decide which party to sell the business to, and may still pursue a deal with another buyer.
10/15/2012
Said one banker: “Don't rule out a potential merger with (RHB Cap's subsidiary) RHB Bank Bhd. After all, the major shareholders in both the banks need to lower their stakes. And creating a giant banking group will bode well for both partie
10/15/2012
CCAM is a joint venture between Taiwan’s Cathay Financial and Conning, a leading U.S. asset manager for the insurance industry.
10/15/2012
It grants those Asian based clients the same reductions in trading fees reached by the respective affiliated non-Asian Eurex member.
10/14/2012
Most of the funds in the region that have been served the notices by HSBC are managing $50 million or less, said two other people. Some of the funds have more than $100 million of assets, the people said.
10/14/2012
The boutique investment house is headed by John Sevior, former head of equities at Perpetual, and former Treasury Group managing director David Cooper.
10/14/2012
CIC, which helps China manage the world’s largest foreign- currency reserves
10/14/2012
NAB wealth division appoints new hedge fund adviser
"We selected DGAM based on their combination of investment, advisory and risk management knowledge and experience,” said Gareth Abley
10/14/2012
David Aird, managing director of UK, said the firm does not soft-close funds