25/05/2009
The investment banking division of Barclays Bank, Barclays Capital (BarCap) has announced Timothy Last will be its new managing director, head of equity derivatives flow sales, non-Japan Asia. Last joins from Merrill Lynch in Hong Kong, where he was...
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25/05/2009
Global index provider FTSE Group and the Stock Exchange of Thailand (SET) are to expand the FTSE SET Index Series with the addition of the FTSE SET Shariah Index. The index aims to open up the Thai capital market...
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25/05/2009
Deutsche Bank is to replace Colin Grassie with Robert Rankin as chief executive officer (CEO), Asia Pacific (ex Japan) from 10 June. Rankin will be based in Hong Kong and will report to Juergen Fitschen, member of Deutsche Bank's...
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25/05/2009
Malaysia Berhad (Bursa Malaysia) has launched the FTSE Bursa Malaysia Palm Oil Plantation Index Series in conjunction with FTSE. This series enables investors to gain exposure to the long term growth potential of the lucrative, billion dollar palm oil...
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25/05/2009
International credit insurance and credit management services group Coface has claimed it expects its payment experience to soften from the second quarter this year. Jérôme Cazes, chief executive of Coface, said: "Credit crisis means to Coface a dramatic deterioration...
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18/05/2009
Financial services technology provider Eagle Investment Systems LLC, a subsidiary of The Bank of New York Mellon, has confirmed Nomura Asset Management (NAM), has successfully deployed its data management solution. This project represents the first stage of NAM's multi-phase...
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18/05/2009
Citi Treasury and Trade Solutions has been awarded four major mandates in Asia Pacific. The mandates cover multiple markets in Asia Pacific, and are as follows: ABB for regional liquidity management Avago Technologies reaffirmed its global cash management mandate...
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18/05/2009
UBS Investment Bank's equities business has completed the acquisition of the commodity index business of AIG Financial Products Corp, including AIG's rights to the Dow Jones-AIG Commodity Index. This commodity index business is comprised of a product platform of...
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18/05/2009
Interdealer broker ICAP has launched a new broking service for global iron ore derivatives. The service offers market participants the ability to offset risk exposures in one of the world's leading base metal asset classes. ICAP will use its...
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18/05/2009
BNP Paribas Securities Services has been granted a banking licence by the Hong Kong Monetary Authority. The announcement was made three weeks after it was granted a banking licence in Singapore. However, it is still subject to further regulatory...
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18/05/2009
Credit Suisse has announced the official launch of its private banking operation in Japan. Led from Tokyo by Junya Tani, head of private banking Japan for Credit Suisse, the move allows the bank to deliver the full suite of...
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18/05/2009
Roger Steel, chief executive of Sun Life Hong Kong, talks to Innovative Investor about his plans to strengthen the business performance and expand the operations. Where do you see Hong Kong within the global financial markets? How badly is...
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11/05/2009
ING Investment Management Asia/Pacific (ING IM) has appointed Navin Suri as chief executive of its Indian investment management operations. Prior to joining ING IM India in August 2008 as vice president and director, sales & distribution, Suri was based...
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11/05/2009
JPMorgan Chase Bank (China) has opened a branch in Guangzhou, the bank's fourth branch in mainland China. The new branch is intended to be J.P. Morgan's hub for expansion in Guangzhou and the Pearl River Delta region. It will...
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11/05/2009
The Republic of Indonesia has launched the country's first ever Sharia-compliant mandatory exchangeable Sukuk, priced at US$650m in a fiver-year deal. It is the largest Islamic bond since Dubai Ports in June 2007 and the first from a country...
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11/05/2009
Threadneedle's China Opportunities fund manager has issued a statement to investors saying despite a slowdown in GDP growth, China is still well placed to deliver far superior levels of economic growth than almost any other economy in the world....
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11/05/2009
Fitch Ratings has released a report on banks in Hong Kong which claimed they are well-positioned to weather the economic downturn given their sound balance sheet profile and strong capitalisation. In a special report reviewing Hong Kong banks' full...
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11/05/2009
Christian Nolting, head of portfolio management at Deutsche Bank AG, presents the case for a renaissance in commodities, arguing not only do they offer the possibility of expected price increases but also reduce the risk in a portfolio. Do...
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