29/06/2009
The Bank of New York Mellon has introduced Derivatives360, an integrated investment servicing lifecycle solution to help clients efficiently execute and manage derivatives transactions. The modular design allows clients to select some or all of the components offered by...
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29/06/2009
Citi Securities and Fund Services, a division of Global Transaction Services, has subscribed to Participant Gateway, a message-based platform managed by the Hong Kong Exchanges and Clearing Limited (HKEx). By subscribing to Participant Gateway, Citi will facilitate a direct,...
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29/06/2009
ING Investment Management (ING IM) has stated it is expecting an equity market consolidation after the recent strong rally. It claimed investor sentiment and cash levels offer support for equity markets but other tactical indicators such as strong equity...
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29/06/2009
UBS has appointed Anne Anderson as the new head of fixed income, Asia Pacific. Anderson will be based in Australia and will also continue to head Australian fixed income. Her responsibilities include expanding fixed income activities in the region...
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29/06/2009
Global index provider FTSE Group has signed a co-operation agreement with Record plc to create a new range of innovative currency Forward Rate Bias (FRB) indices. The aim of the indices is to provide investors with a passively managed...
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29/06/2009
The Royal Bank of Scotland (RBS) has hired Kevin Chang as the new head of equity derivatives strategy - Asia. Chang will be responsible for identifying various derivative trading opportunities and hedging solutions for RBS's institutional clients. These include...
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29/06/2009
Index provider Standard & Poor's (S&P's) has signed a Memorandum of Understanding (MOU) with the Shenzhen Stock Exchange ("SzSE") in China to cooperate on index development and product listings. According to the MOU, SzSE will authorise S&P's to use...
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29/06/2009
Private Bank Clariden Leu has announced it is to focus on four key countries in a bid to expand its Asian operation. Incoming head Asia at Clariden Leu Jimmy Lee Kong Eng is to look to expand in Greater...
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29/06/2009
A new global survey has found the majority of high net worth individuals believe the current environment offers significant opportunities, although the risk of further price drops remains high. The survey, carried out by Barclays Wealth and the Economist...
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22/06/2009
Buyer and seller of carbon Orbeo, has signed agreements to purchase OneCarbon International BV, an Econcern Group subsidiary. OneCarbon is an international company that generates high quality carbon credits by originating, developing, co-developing or financing projects that reduce greenhouse...
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22/06/2009
Credit Suisse has hired Simon Yuan as managing director and co-head of financial institutions Greater China coverage team in its investment banking department. Yuan's responsibilities include developing relationships, initiating and executing transactions for the Bank's clients. He will provide...
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22/06/2009
Trading and risk management application provider Calypso Technology has announced that Mitsubishi UFJ Trust and Banking Corporation (MUTB) has gone live with the first phase of the Calypso Trading and Risk Management Platform. The offering delivers consolidated front- to...
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22/06/2009
The transition management specialist for BNY Mellon Asset Management, Mellon Transition Management (MTM) has predicted a record number of financial institutions will replace their asset managers in the third and fourth quarters of 2009. Mark Keleher, chief executive of...
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22/06/2009
The Obama administration in the US has laid out the framework for a new and improved regulatory regime for the financial system. The framework is intended to close regulatory gaps exposed by the current crisis and limit opportunities for...
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15/06/2009
Dow Jones Indexes announced the results of its regular annual review of its Islamic Market Indexes. No changes will be made to the Dow Jones Islamic Market Asia/Pacific Titans 25 Index. However, significant changes were made to the Dow...
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15/06/2009
Société Générale Corporate and Investment Banking has made four new appointments to its acquisition & leveraged finance team in the Asia Pacific region. Marc Frenkenberg and Bruno Magnouat join as co-heads of the acquisition & leveraged finance team for...
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15/06/2009
Tee Fong Seng has been appointed as vice-chairman and head of ultra high net worth (UHNW) for private banking Asia Pacific at Credit Suisse. He will provide strategic support to Credit Suisse's interests for Private Banking Asia Pacific. His...
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15/06/2009
Investors in Hong Kong-listed securities are turning to alternative liquidity pools more rapidly than other markets, according to Goldman Sachs Electronic Trading (GSET). GSET has reported a 12-fold increase in average daily trading value over two months following the...
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15/06/2009
The Securities and Futures Commission (SFC) has applied to the High Court for an order to force Lehman Brothers Asia to produce records in connection with its Minibonds investigation. The SFC is trying to force Lehman Brothers Asia (which...
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07/06/2009
International rating agency Fitch Ratings has opened a new office in Bangalore, India. Fitch now has five offices in India located in Mumbai, Chennai, Delhi, Kolkata and Bangalore. Sashi Kumar, associate director at Fitch, has been appointed as its...
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07/06/2009
Asian alternative investment manager Pacific Alliance Group has made Anthony Miller president and chief executive of its newly formed Pacific Alliance Japan Limited unit. Miller joins from Ramius LLC, where he will remain a Senior Advisor to Ramius Japan...
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07/06/2009
Global index provider Dow Jones has announced the results of its regular annual and regular quarterly review of the Dow Jones Select Dividend Indexes. The changes will be effective after the close of trading on Friday, June 19, 2009....
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07/06/2009
Standard & Poor's Ratings Services has appointed Suzanne Smith to the role of managing director (MD), ratings, South & Southeast Asia. Smith will lead the credit ratings analytical teams based in Mumbai and Singapore, covering all credits, including sovereigns,...
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07/06/2009
Dow Jones Indexes has launched the Dow Jones Hong Kong Select Dividend 30 Index. The index tracks the performance of the top 30 Hong Kong listed companies by dividend yield. It is designed to underlie investment products such as...
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07/06/2009
Credit Suisse has appointed Ken Pang and Min Park as co-heads of equity derivatives and convertibles, Asia Pacific. Pang and Park both join from UBS where they previously led the Asian equity derivatives business. They will be based in...
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07/06/2009
Citi Securities and Fund Services, a division of Global Transaction Services, has expanded its arrangement with the Korea Securities Depository (KSD) to support the KSD's daily turnaround investment service to include the United States market. Under the expanded agreement,...
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07/06/2009
Following the recent launch of Samena Capital Japan Fund, the firm is acquiring a successful Asian investment team to further align talents with leading business personalities and wealth creators, thereby bringing to life Samena's buy and build approach to...
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