Tag: banking

Bank of America, Ken Lewis and Joe Price face a law suit related to the Merrill Lynch merger, while Goldman Sachs pays each of its head honchos a $9 million bonus for 2009. The Japanese firm adds a new banking analyst as it continues to expand its China equity research team. The Indian private sector bank ING Vysya appoints Shailendra Bhandari, a veteran banker who has held senior roles at Centurion, Prudential ICICI and HDFC. Issuers and dealmakers turned out this week to honour the winners of FinanceAsia's annual Achievement Awards for Australia and New Zealand. Following is a selection of ... Shiv Gupta takes control of a team of 30 private bankers in India. A combination of factors is hurting the Japanese stockmarket. Even the conservative banking sector is suffering, threatening further international expansion. The new unit will sell Shar’iah-compliant funds to investors across the Asia-Pacific. Mark Chan is appointed managing director and head of marketing China. A roundup of news about environmentally linked investments and products on offer by financial institutions. HSBC China marks its first anniversary with the launch of its private banking business. Standard Chartered officially entered the private banking market yesterday. Its global head of private banking, Peter Flavel, explains why the bank feels it will be successful. Bank of Queensland’s attempts to create a “big small bank” in Australia are halted by a rebuff from Bendigo Bank’s board. Yoshiki Hashimoto will lead a new Asia merchant banking department that will seek out investment opportunities in the region. Strong demand allows the aggressively priced bond transaction to be upsized to $270 million. At $19.1 billion, the IPO from China's largest lender marks the largest initial share sale in the world. The institutional order book was covered in half an hour. Price range indicates pre-greenshoe deal size of $15.9 billion to $19.1 billion for combined H and A share offering. The offering has the potential to become the world's ... The company secures $3.5 billion from 15 corporate investors to set the deal off to a good start. The retail-focused bank sets H share price range to allow IPO discount versus peers and aims to raise up to $2.66 billion. Siam Commercial Bank returns to the international debt markets after almost a decade. Thai Military Bank prices Thailand's first ever hybrid tier 1 deal in an effort to lower its cost of capital.