EFG to Pay Lesser for BSI

EFG to Pay Lesser for BSI The purchase price of BSI is subjected to a final adjustment process in the Sale Purchase Agreement on 21st...

Lioncrest Global Signs Strategic Cooperation Agreement with Pier99 Capital

Lioncrest Global Signs Strategic Cooperation Agreement with Pier99 Capital Lioncrest Global and Pier99 Capital has formed a strategic partnership which will now allow both firms...

UOB Receives Preliminary Approval to Set Up a Foreign Owned Subsidiary Bank in Vietnam

UOB Receives Preliminary Approval to Set Up a Foreign Owned Subsidiary Bank in Vietnam UOB became the first Singapore bank to receive a preliminary approval...

HSBC Said to Pursue Wealth Management Asset Acquisitions

HSBC Said to Seek Wealth Management Asset Acquisitions HSBC is planning to pursue deals to expand in asset and wealth management. The targets would be portfolios...

ICBC International Forms Strategic Partnership with China Renaissance

ICBC International Forms Strategic Partnership with China Renaissance Industrial and Commercial Bank of China (ICBC) has formed a strategic partnership with China Renaissance Group, a...

Vanguard Starts New China Unit

Vanguard Starts New China Unit Vanguard Group Inc has started a wholly foreign owned enterprise in Shanghai. Vanguard has also named Clare Zhao as the...

Vontobel Enters into Strategic Agreement with Bank of Singapore

Vontobel Enters into Strategic Agreement with Bank of Singapore The agreement now allows Bank of Singapore clients to place their assets in Vontobel’s booking centre...

Commonwealth Bank of Australia Reviews Colonial First State Global Asset Management, Including IPO Possibility

Commonwealth Bank of Australia Reviews Colonial First State Global Asset Management, Including IPO Possibility Commonwealth Bank of Australia is undertaking a strategic review of its global...

ANZ to Kick Off Auction of Wealth Business

ANZ to Kick Off Auction of Wealth Business ANZ is formally starting its auction process and is set to release information to prospective suitors on...

DBS Seeks Bids for Non-Life Insurance Distribution Deal

DBS Seeks Bids for Non-Life Insurance Distribution Deal  DBS plans to invite bids from insurers who are interested to sell general insurance products across the...