12/23/2012
Asia's wealthiest investors may lose some of their appetite for corporate bonds after getting burned in recent deals, analysts and bankers say, sowing caution in a market where issuance hit a record this year and hiking funding costs for riskier borr
12/20/2012
China is seeking to expand the economies of the western region faster than the country’s average in the five years through 2015, using policy incentives and investing in projects ranging from high-speed rail to eco-tourism.
12/19/2012
A quarter of Swiss private banks are no longer operating profitably, with smaller wealth managers facing a “critical” situation, a KPMG report showed.
12/19/2012
It’s not yet clear how many, and to what extent, others have defaulted. But analysts say that if more flop and generate headlines like the Hua Xia case, a crisis in confidence could ensue, sparking a run on the wealth product market.
12/19/2012
Gregory F. Gatesman, designated Chief Operating Officer, will join on 1 February 2013 at the expected formal completion of the acquisition.
12/18/2012
But chairman John Morschel defended the scheme, which was packed by 95% of shareholders, said Mr. Smith's pay packet was "perfectly reasonable" given Mr. Smith's track record in steering Australia's third-largest lender by market