Investment Banking
DBS to offer banking services at all SingPost outlets
The partnership will nearly double DBS’ number of banking outlets to 140.
DBS to offer banking services at all SingPost outlets
The partnership will nearly double DBS’ number of banking outlets to 140.
Goldman Sachs to sell $1.1b shares in Industrial & Commercial Bank of China
This is Goldman’s third sale of its ICBC stock since 2006.
Mandiri investment banking unit expands in Australia
Mandiri Manajemen Investasi will continue to expand the amount of overseas funds in the $2.2 billion that it manages.
Ambank launches AmConstant Multi Maturity 2
AmInvestment Bank Group has launched a four-year close-ended fund that caters to investors looking for regular income and capital preservation.
How banks can mitigate against deal failures in new senior IB hires
Despite a lack of confidence in US and European markets and economic activity, Asia remains a relatively positive environment for investment banks...
AXA and Bank Mandiri acquires general insurance business
AXA and Bank Mandiri will own 40% and 60% respectively in this start-up joint venture operation of Asuransi Dharma Bangsa.
CIMB-TrustCapital Singapore acquires 850 Collins Street in Melbourne
850 Collins Street is an A-grade commercial office building that is currently under construction and is scheduled for completion in October 2012.
OCBC and LionGlobal to launch new unit trust
The LionGlobal New Target Return Fund has an investment time frame of five years.
HSBC appoints Henry Hou as head of Energy Solutions Sales
Before joining HSBC, Hou served in a number of roles at China's State Administration of Foreign Exchange for 11 years.
HSBC launches insurance business in Beijing
HSBC Life’s bancassurance business handles insurance portfolios with an average case size of RMB100,000.
AsiaPac banks gear up for Basel III
Standard & Poor’s says most Asian banks won’t find it difficult to comply with Basel III’s new capital requirements.
Morgan Stanley raises investment banking compensation to $5.74b
Morgan Stanley still increased its compensation by 8% despite the division's poor performance.
Société Générale appoints Yann Garnier as Head of Asia Pacific Sales
Yann is also appointed as Head of Interest Rates and Forex Derivatives business for Asia Pacific.
HSBC appointed joint bookrunner for New World Development rights issue
The bank will also act as joint underwriter in the rights issue of about HKD11.33 billion.
RHB, OSK receive Central Bank's consent to negotiate
RHB Capital Bhd and OSK Holdings Bhd have secured Bank Negara Malaysia's approval to commence negotiations for a possible merger between RHB Banking...
Underdog no more: Goldman Sachs beats other firms as top Japanese M&A adviser
After being only number 7 last year, Goldman Sachs now has the top spot as it was hired for $54.1b worth of acquisitions this year.
Affin Investment disburses RM2.58 M business zakat
Affin Investment Bank disbursed business zakat totalling RM2.58 million, reports Bernama News.