ABN and UBS get on Asiabondportal.com

Two more banks join Asiabondportal.com as online trading of Asian bonds gets a step closer.

ABN Amro and UBS Warburg have become the latest banks to invest in Asiabondportal - one of the leading fixed income trading platforms in Asia. The strategy that Asiabondportal has been following is to get leading fixed income banks to invest in the company at an equity level and then to get them to start trading bonds on the system.

ABN Amro and UBS Warburg join JP Morgan, Deutsche Bank and Daiwa SBCM as banks invested in the online company. Other investors comprise the Government of Singapore Investment Corporation and Income Partners Group.

With the addition of these two new investors, Asiabondportal has got closer to achieving...

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