HONG KONG/FRANKFURT (Reuters) – China’s Legend Holdings Corp is in talks on a potential investment in Qatari-owned Banque Internationale a Luxembourg (BIL), a person with knowledge of the matter told Reuters.
This publication can confirm that Standard Chartered’s private bank has appointed Kirk Tan, head of credit structuring ASEAN and South Asia, a development coming shortly after another, similar appointment by the bank was announced here a few days ago.
Published by Wealth Briefing Asia – 30th June 2017
In a speech this week the head of the MAS has spelled out why his organisation took the action it deed to expel banks and punish individuals over the Malaysia-linked illicit money scandal.
Published by Wealth Briefing Asia – 28th June 2017
Although UBS played a lead role in Deutsche Bank’s 2014 capital raising, it was not listed as one of eight banks to underwrite its $9 billion rights issue.
A spat over poaching in Asian wealth management helped UBS lose its place in Deutsche Bank’s recent rights issue, according to the Financial Times.
BNP Paribas expects to be among the top five private banks in the Asia-Pacific in three to five years, spurred mainly by organic growth, said a top executive on Wednesday.
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