Trade Finance
South Korea may initiate Daewoo Securities-Woori Investment merger
The merger eyed jumpstart succeeding alliances in brokerages as the industry suffers lack of global competitiveness.
South Korea may initiate Daewoo Securities-Woori Investment merger
The merger eyed jumpstart succeeding alliances in brokerages as the industry suffers lack of global competitiveness.
NAB names Drew Bradford trading head
Former Deutsche Bank head to become executive general manager of trading, financial institution sales and research.
Lien Viet Bank to serve $900M ADB loan
The State Bank of Vietnam appointed Lien Viet Bank to serve a loan of over $900million funded by the Asian Development Bank.
Sacombank gets unprecedented subordinated loan
A 10-year US$ 150 million subordinated Tier 2 syndicated facility agreement was arranged for Sacombank by FMO. IT was signed by a group of...
More Pakistan banks join ADB's finance program
The participation of NIB Bank Ltd. and Soneri Bank Ltd. in the ADB's Trade Finance Program means there are now 13 Pakistani banks signed up to the...
Nomura appoints Junko Nakagawa CFO and director
The lender also named Jasjit Bhattai as deputy president coinciding the delegation of its first female CFO.
Bursa Malaysia names Dato' Tajuddin Atan CEO
Atan has 24 years experience in finance and banking industry as well as familiarity to the Malaysian capital market and the exchange business.
More Vietnam banks to list in stock exchange
The quick recovery of Vietnam's economy and the need to improve banks' position and competitiveness in the market have prompted them to list their...
CIMB gets SC approval for euro MTN
The CIMB group received approval from the Securities Commission for a multi-currency euro medium term note programme of up to US$1 billion or its...
The world after the G20 Summit in Seoul
Progress on financial reforms was made in Seoul but diverging national approaches are in evidence.
Chinatrust Financial to raise US$1.97bln via rights issue
The company mulls selling 3.35bln common shares to increase its working capital and strengthen its financial structure.
StanChart to appoint 1,800 for its trading operations
The lender plans to expand in underwriting securities denominated in the Chinese currency and boost trading on behalf of clients in equities.
TBB to assist Taiwanese enterprises in China
TBB will to promote personnel exchange and renminbi-based loans to Taiwanese enterprises in China. A MOU with the Bank of Beijing will be signed. Ac...
Maybank expects $29.75bln transaction value for trade finance
Bank's performance and rebounding economy prompts lender to dominate more than 22.6% of trade finance pie.
China Construction may reschedule $11bln financing plan
Lender considers moving rights issue early next year behind uncertain market conditions.
StanChart okays India listing bid
Shareholders give approval for up to $1bln IDR offering while seeking anchor investors.