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Private Banking
Boutique private banks build Asia teams
Union Bancaire Privée, Lombard Odier, and Pictet hire new Asia heads as the competition for both talent and clients in the industry continues to intensify.
By
Sameera Anand
| 28 February 2011
M&A
Maybank buys broker Kim Eng for $1.4 billion
Maybank inks a deal with Ronald Ooi and Yuanta to buy Singapore-based broker Kim Eng for $1.4 billion as it seeks to consolidate its position in brokerage in the Asean countries.
By
Sameera Anand
| 7 January 2011
M&A
GLP makes $375 million China acquisition
Global Logistic Properties uses IPO proceeds and shares as currency to acquire a 53% stake in the logistics facility attached to the Beijing airport.
By
Sameera Anand
| 6 January 2011
People Moves
Sandeep Pahwa starts at BarCap in Singapore
Sandeep Pahwa, who left Deutsche Bank in September, starts at Barclays Capital as head of Southeast Asia investment banking based in Singapore.
By
Sameera Anand
| 12 November 2010
Business Moves
Ray Eyles takes over as regional commodities head at J.P. Morgan
Ray Eyles succeeds Oral Dawe as CEO for J.P. Morgan's commodities business in Asia-Pacific, while globally the bank downsizes commodities trading.
By
Sameera Anand
| 6 September 2010
People Moves
GIC hires Kishore Gotety as head of India real estate
Singapore-based GIC signals its intention to focus on investments in India by appointing veteran real estate investor Kishore Gotety as country head.
By
Sameera Anand
| 1 September 2010
Private Banking
Clariden Leu strengthens Singapore team
The Swiss private bank poaches Vincent Wang, Liew Chin Choy and Charles Yeoh from competitors to strengthen its offering in Asia.
By
Sameera Anand
| 31 August 2010
People Moves
Macquarie hires Garg to co-head Asia TMT
Anupam Garg joins Macquarie Capital from ST Telemedia as a senior managing director as part of a drive by the Australian investment bank to enhance focus on TMT.
By
Sameera Anand
| 18 August 2010
Business Moves
Standard Chartered promotes Sean Wallace
Singapore-based Sean Wallace takes over as head of origination and client coverage following Vis Shankar's move to Dubai to become a director of the Standard Chartered board.
By
Sameera Anand
| 20 April 2010
Business Moves
India Infoline to become first India-based broker on SGX
Indian financial services firm India Infoline receives a key Singapore Exchange approval and aims to launch broking services in Singapore in three months.
By
Sameera Anand
| 15 March 2010
M&A
Fortis Healthcare buys TPG stake in Parkway
Indian hospital operator Fortis Healthcare pays $686 million to become the largest shareholder in Singapore-based pan-Asia hospital group Parkway Holdings.
By
Sameera Anand
| 12 March 2010
Macro & Markets
Nomura forecasts a year of rebalancing for Asia
Nomura is bullish on Asia and expects that regional domestic demand will overtake exports to become the main driver of growth in 2010.
By
Winnie Tang
| 28 January 2010
Business Moves
Temasek's portfolio value drops to $121 billion in fiscal 2009
The Singapore-based investment firm sees its portfolio decline by 7.5% due to the fallout from the financial crisis which it refers to as the worst crisis since the Great ...
By
Sameera Anand
| 21 September 2009
View Point
Singapore ranks third-most competitive economy in the world
The World Economic Forum's latest ranking of competitive countries sees the US fall to second place behind Switzerland, while Singapore moves up to third.
By
Sameera Anand
| 9 September 2009
Business Moves
Roche buys Singapore facility from Lonza
Global healthcare firm Roche, through its subsidiary Genentech, will acquire a Singapore manufacturing facility from Lonza for up to $360 million.
By
Sameera Anand
| 1 September 2009
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