* Jerker Johansson resigns with immediate effect * Alex Wilmot-Sitwell, Carsten Kengeter new co-heads * Shares down 0.5 percent, outperform European bank index ZURICH, April 27 - UBS AG ditched the head of its troubled...
-- Alexander Smith is a Reuters columnist. The views expressed are his own -- LONDON, June 26 - Investment banks are going to have a lot of explaining to do. After the lows of 2008,...
* Boutiques hope to see market share increase * Big banks likely to dominate top few M&A rankings * Moelis plans financial institutions, energy hires NEW YORK, June 26 - A hiring spree by investment...
* Investment banks reap bumper Q1 profits * Fuelled by buoyant fixed income, FX, commodities * Boom won't last, but winners say share gains will LONDON, May 12 - A bonanza for most investment banks...
NEW YORK, April 6 - A group of investment bank underwriters and companies have agreed to a nearly $600 million settlement with investors to resolve litigation over alleged fraud in the pricing of initial public...
* Banks to make lower, more sustainable profits * Investment bank business model still valid * Securitisation, hedge funds can stay if better regulated LONDON, March 18 - Investment banks can continue to make money...
Chinese private equity fund Hopu Investment Management Co is planning to invest US$1.2 billion in China Minsheng Banking Corp Ltd<600016>, which plans to issue 3.82 million H shares in an initial public offering on the Hong Kong Stock Exchange, sources reported.Soros Fund Management LLC, founded by...
Soros Fund Management LLC, founded by George Soros, has spent US$100 million to invest in China Minsheng Banking Corp Ltd<600016>, which plans to issue 3.82 billion H shares in an initial public offering on the Hong Kong Stock Exchange, sources reported. In addition, private equity fund Hopu Fund...
Taiwan's Hua Nan Financial Holdings Co is seeking opportunities to invest in commercial banks in second-tier mainland cities, the Commercial Times reported on Thursday, citing David Cheng, vice general manage of company, as saying.Hua Nan Financial Holdings is also looking for investment from...
China Development Bank, a state-controlled lender, said Tuesday that it has established an investment fund subsidiary in Beijing with a registered capital of RMB 35 billion to focus on private equity funds, direct investment and financial consultation. The wholly-owned subsidiary will support mergers and acquisitions...