08/14/2012

BSP approves PNB-Allied Bank merger

THE MONETARY Board of the Bangko Sentral ng Pilipinas has green-lighted the merger of the Philippine National Bank PNB and Allied Banking Corp. Allied Bank, leaving the approval of the Securities and Commission SEC as the only stumbling block to the two b

08/13/2012

Coldwell Banker teams up with BOC to entice rich Chinese

In Paris, Chinese buyers have jumped from 0.3 percent of buyers in 2009 to an expected 2.0 percent this year, with luxury apartments with a view of the Seine and the city's monuments enjoying the most demand from Asian clients.

08/13/2012

UAE Exchange Opens New Branch in Malaysia

After offering quality service to its customers for many years, Fast Remit SdnBhd has now become a part of UAE Exchangeand henceforth will be known asUAE Exchange Malaysia Sdn Bhd.

08/09/2012

Reliance Capital to globalise operations: Anil Ambani

The plans include increase in Reliance Capital’s customer base from 20 million to 50 million, expansion of distribution reach from five thousand to 25 thousand cities and towns and increase in the number of business partners from half a million to o

08/08/2012

Opportunity in Hedge Funds

Hedge funds haven’t taken off in Asia like they have in the U.S. or Europe, but bankers say that may change and are positioning themselves to lend cash and securities to them, as well as helping them find new investors—a business known as prim

08/05/2012

ICICI Bank Q1 profit jumps 36%

The bank was dealt a severe blow by the global financial crisis as its bold bets on consumer loans soured but has subsequently cleaned up its books.