Investment Banking

Morgan Stanley resells stake in China Investment Capital

Morgan Stanley's possible $1 billion deal will remove hindrance in expanding its presence in mainland China.

Morgan Stanley resells stake in China Investment Capital

Morgan Stanley's possible $1 billion deal will remove hindrance in expanding its presence in mainland China.

Temasek says portfolio improving

CEO Ho Ching said company’s early move reaps 32 percent growth in investment.

SocGen sees India as catalyst for growth

In the next two to five years, SocGen is set to add services to existing locations in India and to acquire 37 percent stake in SBI Funds Management.

CIMB launches exclusive structured product

CIMB Bank Bhd head of retail banking Peter England said the bank's new product aims to protect capital and ensures returns.

CCB to establish first yuan-denominated fund

CCB aims to jack up more revenues coming from sources apart from lending by raising $380 million in its first yuan-denominated private equity fund...

BEA to acquire stake in Golden Eagle fund

A $4 million deal can provide Bank of East Asia Ltd (BEA) entrance into China's fund market.

ICBC credits new products for increased incomes

ICBC introduced 320 varieties of new financial products during the first half of this year to increase its incomes in investment banking, debt...

Ambank’s quarterly profit up by 27%

Ambank Group recorded a profit after tax and minority interests of $731.34 million for the first quarter of its financial year ending 31 March 2010...

HK client sues UBS for $32 million

And it never ends. Just a week after major banks announced they would make good on some Lehman mini bond losses, it has emerged that a 77-year-old...

If Goldman is selling, why is NAB buying?

Goldman Sachs is not known for getting the bad end of a deal, so it may be a surprise to learn Australia's NAB is buying its wealth management...

State Construction's IPO the largest worldwide since 2008

The biggest in China since 2007, the initial public offering of China State Construction Engineering Corporation aims to raise as much as $7.3 billion...

BEA expands in Taiwan through AIG acquisition

The Investment Commission of the Ministry of Economic Affairs in Taiwan has approved BEA's move to acquire AIG Wealth Management Services Taiwan...

Will Temasek take another bite at the Chinese Banks?

Once bitten perhaps not so twice shy. Temasek and a Goldman Sachs fund are reportedly looking at buying Bank of America’s $8.5 billion stake in...

Shariah compliance observed for new dollar product

The Islamic Bank of Asia launched its first Shariah-compliant liquidity product, which acts like a fixed deposit but is, of course, Sharia-compliant.

Sukuk fever reaches Sokor

From the Middle East to London, to New York, and now to South Korea.

Malaysia's Islamic banks targets of foreign takeovers

It may seem the most unlikely of partners, but new banking liberalisation laws in Malaysia will let foreigners own up to 70 percent of an Islamic bank...

HK banks busted, sold Lehman bonds to mentally ill

And they almost got away with it. In yet a stunning development, the Hong Kong Monetary authority has identified 102 cases of banks selling anything...