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Payment news, May 18

BoA Merrill, J.P. Morgan and RBS announce mandate wins, while China UnionPay expands across Asia.

By Jonathan Wong | 18 May 2010

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Graff cancels $1 billion IPO as markets remain weak
BBVA hires head of corporate and investment banking for Asia
No longer cheap: China’s finance ministry to pay up for dim sum
Partner cuts stake in Malaysia's SepuraKencana by close to 50%
RenCap cuts Asia head as part of global reorganisation

How much value do investment banks bring to IPOs?

$$$$$
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$$$$$

16%

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22%

63%

TOTAL VOTES: 83

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JT's hedge fund founders to exit as Harvest steps in
China FMCs find respite from sales slump
Chinese officials consider Reits strategy
Do asset owners really know what they own?
Tensions rise between central banks and SWFs

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Tags: bank of america merrill lynch, boa merrill, jbic

Tags: bank of america merrill lynch , boa merrill , jbic