Truswell integrated under Chinatrust Financial

Renamed as Chinatrust Securities Investment Trust.

Cap removed from Taiwan onshore funds’ China investment

Taiwan's Financial Supervisory Commission is removing the cap on investment by Taiwanese onshore fund companies in Chinese securities.

Fubon Financial suffers drop in net income

Fubon Financial Holding's net income in August went down 67.99 percent from July at NT$2.25 billion or US$75.4 million.

Chinatrust board okays Truswell acquisition

The board of Chinatrust Financial gave its go-ahead to acquire a 98.6 percent stake in Truswell Investment for NT$466 million or US$15.6 million.

Chinatrust plans to acquire Nan Shan from AIG

AIG still silent on lender's offer previously tagged at $2.15bln by rival bid.

Chinatrust Financial board approves 2.5bln share issue

Price per share of private placement tagged at US$0.51 allows firm to raise US$1.3bln.

Taiwan learns from life insurers' experience

Due to unknown operating risks and strong domestic competition, Taiwan banks will be careful in penetrating China's banking sector.

China's AMC market eyed by Taiwanese holding firms

Two Taiwanese holding companies want to profit from opportunities posed by Chinese asset management companies.

Regulator rejects China Strategic's Nan Shan bid

Lack of details and inconsistencies in data caused regulator's disapproval.

Taiwanese transactions unaffected by withholding tax

The two Taiwanese cross-border residential mortgage-backed securities transactions are not immediately affected by the announced change in Taiwan's withholding tax legislation.

Taiwan bars foreigners to invest in time deposits

Financial Supervisory Commission seeks to prevent currency bubble after discovering foreigners parking $15.5bln in time deposits.

Stanchart launches Private Banking in Taiwan

With high net worth individuals set to double by 2012, Stanchart wants to double its AUM.