Life after Euro-Asia

ICEA''s Managing Director, Gary Sik talks about the Euro-Asia debacle, and how his firm has reformed itself.

ICEA is the joint venture investment bank that is 75% owned by ICBC and 25% by Bank of East Asia. It was formed in 1998 and for a while was high flying thanks to a string of IPOs for small and mid-cap Chinese P-chips. However, trouble arose when one of the firms it sponsored - the notorious Euro-Asia, controlled by Yang Bin - went bankrupt in Enronesque circumstances, and ICEA was put under the spotlight. ICEA did the IPO...

To continue reading, please login or register for free

Click for more on: life | euroasia

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...