DBS Group Holdings had welcomed former Royal Bank of Scotland Group banker Rogerio Bernardo as its newest addition to its Singapore-based bond syndicate team.
Finance/Venture
Regulator allows China Everbright Bank to conduct overseas share sale
The China Securities Regulatory Commission approved the application of China Everbright Bank Co to hold a share sale overseas and raise USD 2 billion.
Monte Paschi foundation in discussion to sell stake with Italian Treasury- sources
Monte dei Paschi foundation had been in discussions with the Italian Treasury regarding a stake sale deal, said sources in a Reuters report.
Reliance Mutual Fund reports sterling numbers for 2012 to 2013
The retail debt asset base of Reliance Mutual Fund grew 1.5 times its retail asset base between 2012 and 2013.
AXA sells institutional investors catastrophe bonds worth USD 474 million
AXA sold EUR 350 million or USD 474 million in catastrophe bonds, the largest bond offering of the securities designed to protect insurers from the risk of payouts for extreme storm damage.
Latest News
Goldman Sachs, as well as a number of hedge funds or investment firms, is subject of a review by Korean regulators for compliance with local laws.
Fitch is allowing itself until the first quarter of 2014 to determine if US credit rating needs to be downgraded.
Neil Woodford leaves Invesco after 25 years of service for a still unannounced firm of his own. The overseer of the largest equity fund in the United Kingdom, Neil Woodford, had announced his departure from Invesco Perpetual after 25 years of service to manage his very own firm.
Three NYSE Euronext executives, including Chief Financial Officer Michael Geltzeiler, would be leaving the exchange after the conclusion of its sale to IntercontinentalExchange Inc (ICE).
IVC with KPMG worked to draft a report on the progress of venture capital investments in Israel. In a report from Reuters, Israeli technology firms have raised USD660 million in venture in the third quarter.
Britain's Chancellor of the Exchequer George Osborne announced via a Twitter post that Industrial and Commercial Bank of China (ICBC) would be issuing a yuan-denominated bond on the London bourse next month.
Secured lenders at Texas Competitive Electric Holdings and unsecured bondholders at Energy Future Intermediate Holdings (EFIH) were in a deadlock about their confidentiality agreements due to Energy Future Holdings' USD250 bond debt payments due on November 1.
Capitol Bancorp has signed an agreement with Talmer Bancorp for the sale of the common stock of Capitol's consolidated entities.
Grupo BTG Pactual got regulatory approval to open a broker-dealer unit in Mexico. Brazil-based Grupo BTG Pactual received approval on Monday from regulatory authorities to establish a new broker dealer operation in Mexico.
