Wealth Management

ING taps Grant Bailey to head ING Asset Management

ING taps Grant Bailey to head ING Asset Management

ING Investment Management Asia-Pacific has appointed Grant Bailey as the Regional General Manager for Asia-Pacific. Reporting to Alan Harden, CEO of...

Nomura reduces bond price

Nomura adjusted the conversion price for its First Series of Unsecured Subordinated Convertible Bonds from 745 yen to 439.8 yen effective 12 March.

Nomura issues 716 million new shares

Nomura Holdings Inc will be offering 716,400,000 new shares of common stock of the company. After resolving matters relating to the issuance of new...

Prudential to transfer 94 percent of liabilities

Prudential Plc will transfer 94 percent of its liabilities in Taiwan to China Life Insurance Company. This includes Prudential's legacy interest rate...

UBS seeks more credit card exposure in Asia

To boost consumer finance in Asia, UBS Investment Bank's Simon Smiles seeks longer-term exposure to the credit card sector in China, India and...

Legg Mason brings multiple brands to clients

Legg Mason is making concrete moves worlwide and particularly in Asia. Tim Charlton speaks to Lennie Lim, Managing Director, Legg Mason Investments...

William Lisle is new Aviva Asia Regional Director

Aviva plc, the international savings, investments and insurance group, announced the appointment of William Lisle as Regional Director of its senior...

Staying Positive While Accepting Brutal Reality

People who know me regard me as a naturally positive person, in that I typically view the proverbial glass as being half full rather than half empty...

Staying Positive While Accepting Brutal Reality

People who know me regard me as a naturally positive person, in that I typically view the proverbial glass as being half full rather than half empty...

BNP Paribas creates advisory services team for Asia

BNP Paribas Wealth Management announced the creation of a new Asia-wide Corporate Advisory Services team to respond to the needs of its growing...

BNP Paribas sets up Islamic fund group in Malaysia

After BNP Paribas Investment Partners (BNPP IP) was recently granted approval by the Securities Commission to set up an Islamic Fund Management...

ING closes life insurance sale to Fubon Financial Holding

ING announced that it has closed the sale of its Taiwanese life insurance business to Fubon Financial Holding Co. Ltd., a leading diversified...

BNP Paribas appoints new officers for Hong Kong & Seoul

BNP Paribas Investment Partners has announced the appointment of Jean Audibert as president of New Markets Asia (Hong Kong) and Patrick Mange as...

MUFG reports financial results for 9 months of FY08

Mitsubishi UFJ Financial Group reported its financial results and said its total assets as of December 31, 2008 increased by 5,898.4 billion yen from...

HSBC is adviser to China Overseas Land & Investment

HSBC acted as the Sole Financial Adviser to China Overseas Land & Investment Ltd. (COLI) on its HK$2.5-billion Open Offer announced on 10 December...

'Friend or Foe?' Cautions CFA Institute on Related-Party Transactions

"The Satyam fraud case illustrates that where there is little separation of ownership and control, minority shareholders need to voice their opinion...

Cannon to lead HSBC's Global Markets in Korea

HSBC announced the appointment of Matthew Cannon as managing director, treasurer and head of Global Markets, Korea. Cannon is responsible for...