Citic to shift assets to HK in $36bn deal

Citic to shift assets to HK in $36bn deal

Hong Kong-listed Citic Pacific to buy Citic Ltd from its parent Citic Group for $36 billion.
FWD Group’s newly appointed CEO Huynh Thanh Phong talks to FinanceAsia about how he is turning entrepreneur Richard Li’s vision of a pan-Asian insurer into a reality
Kunardy D Lie has moved from Citi to the German bank as country head, while Gioshia Ralie replaces him at the US bank in an internal move.
The 26-year veteran will be responsible for a region that produced nearly a quarter of the bank’s total income in 2013.
Independent oil and gas company MIE and Indonesian textile maker Sritex tap high-yield investors looking to diversify away from the Chinese property sector.
Banks and financial institutions from around the region are invited to pitch for our Country Awards for Achievements 2014.

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