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...
* Proposal soften bank investment rules * "Source of strength" provision dropped * FDIC board expected to vote shortly (Recasts with FDIC staff proposal) WASHINGTON, Aug 26 - U.S. banking regulators were considering on Wednesday...
WASHINGTON, Aug 26 - U.S. regulators are still finalizing guidelines for private equity investments in distressed banks but expect to have a final vote on the issue later on Wednesday, the acting director of the...
TAIPEI, Aug 13 - Fubon Financial Holding, parent of Taiwan's No. 2 insurer, said on Thursday it would increase its investment in China's Xiamen Commercial Bank by the end of the year. Fubon President Victor...
Hang Seng Bank<0011>, 62% held by HSBC Holdings Plc<0005><HBC>, may raise its investment in mainland China by 35% to RMB 10 billion in total by internal expansion and acquisitions in the next three years, said the Hong Kong-based bank's Chief Executive Margaret Leung, sources reported.The Hong...
BEIJING, Aug 7 - Bank of China <3988.HK> may invest almost 10 billion yuan ($1.5 billion) to buy a minority stake in a railway company that is building a high-speed rail link between Beijing and...
The International Finance Corp, the private-sector lending arm of the World Bank, on Tuesday said that it will invest RMB 5 million in Renshou Minfu Rural Bank in Meishan in Southwest China's Sichuan Province to support micro-financing in the area.In addition, the IFC will offer technical assistance and introduce risk-...
BANGKOK, Aug 3 - The Bank of Thailand may further ease rules on investment overseas to help reduce upward pressure on the baht, Governor Tarisa Watanagase said on Monday, although she said the currency remained...
* Banorte's quarterly net falls 27 pct on reserves * World Bank to invest about $150 mln in bank unit * Past due loans nearly double, year over year (Recasts, adds detail on IFC investment...
* Already hired 40 investment bankers in Americas * To beef up industrials, raw materials banking * Banker optimistic on outlook for IPOs NEW YORK, June 17 - Deutsche Bank, which has navigated the crisis...