05/29/2012
Citi’s Agency and Trust business, part of the Citi Transaction Services division, has been appointed as Trustee, Principal Paying Agent, Registrar and Transfer Agent for the Bank of Ceylon’s USD 500 million global bond.
05/28/2012
National Australia Bank is winding down its private equity arm, marking the death knell for Australia's big four banks' foray into the sector.
05/25/2012
Orvent Asset Management has closed its doors after Burmmer & Partners redeemed its investment in April, Reuters reports.
05/25/2012
France's largest bank is taking tentative steps toward boosting its reach in Asia at a time when the sovereign debt crisis closer to home is prompting rival European lenders to cut back exposure to the region.
05/24/2012
Local Taiwanese banks are well capitalised and in a strong position to meet the Basel III capital requirements, says Financial Supervisory Commission (FSC) vice chairperson Jih-Chu Lee.
05/24/2012
Ricard told AsianInvestor.net that the fund industry in Asia is experiencing a dramatic change that is expected to see Asian fund managers expand their capabilities to transcend regional boundaries, incentivize regulators and sign bilateral agreements.
05/23/2012
OCBC NISP president director Parwati Surjaudaja said on Tuesday that the financing firm would most likely be either a bank or an automotive financing firm that lends for heavyweight equipment, cars and motorcycles.
05/23/2012
The transaction was an unlikely harbinger of a shift in the global financial system, and the prediction about the importance of the Chinese currency in trade proved prescient.
05/23/2012
The Asian prime brokerage units of Credit Suisse and Bank of America Corp gained market share in the last one year when Goldman Sachs and Morgan Stanley, the top-two industry players, lost hedge fund clients and assets, a survey showed.
05/23/2012
Singapore's low taxes lure commodities trader
Asian economic growth led by China is causing a shift in the global demand centre from West to East, prompting a hiring spree among Singapore's commodity houses.
05/21/2012
Consolidated revenue rose 25% to INR20.02 billion.
05/21/2012
Henderson Global Investors will on Monday launch its first asset management business in Australia as it seeks to expand its operations beyond the troubled shores of Europe.
05/21/2012
Tyndall Investment Management New Zealand has dumped its boutique New York-based fixed interest portfolio manager in favour of Goldman Sachs, citing in part fears about the quality of European bond issuance.
05/21/2012
The combined multi-manager business will have total funds under management of approximately $19 billion, making it the largest independent non-US based fund of hedge funds.
05/18/2012
Japanese investors will likely be among those attracted by the weaker currency, which this week tumbled below parity against the greenback, said Anne Anderson, head of fixed income for Asia Pacific at UBS Global Asset Management.
05/18/2012
Chinese demand had expanded to 201.6 tonne in the previous quarter against 173.0 tonne in India.
05/18/2012
Social media is increasingly influencing the world of finance and investing. Some hedge funds use Twitter to capture investor sentiment on a given stock and some central banks use internet data to help them gauge economic conditions.
05/18/2012
Citi has been ranked #1 in global custody services by the world's leading asset managers, asset owners and banks in the 2012 Global Custody Survey compiled by Global Investor.
05/18/2012
Art HK advisory board member Philip Dodd, the former director of the Institute of Contemporary Arts London, said the growth of private museums was symbolic of the shift in economic power from West to East.
05/17/2012
Until now, they have been diversifying a certain percentage of their dollar reserves into euros buy buying EUR/USD. Now, the process is reversed.