Asia
agreement reached in hong kong lehman bros
An agreement has been reached with The Royal Bank of Scotland in Hong Kong, in connection with the retail sale there of certain Lehman Brothers equity-linked notes during the period between July 2007 and May 2008, it was announced today.
mas responds quickly to moodys outlook
Singapore’s financial services regulator reacted immediately on Monday evening to a downgrade of the city-state’s banking system by Moody’s, the ratings agency, to negative from stable.
Asia Frontier Capital in MBO of Leopard Capital
Thomas Hugger, who had been a fund manager and a managing partner of Leopard Capital, has acquired Leopard Capital Management, Leopard Capital (Hong Kong), and the Leopard Asia Frontier Fund.
american schoolteacher takes on hks ilas
What began as an arguably unnecessary savings product sold to a 27-year-old kindergarten teacher last year has become a growing public relations nightmare for one of Hong Kong’s largest advisory firms, after the teacher’s boyfriend decided to get involved.
swiss national bank chooses singapore
The Swiss National Bank has chosen Singapore as the location for its first overseas branch, and opened an office there earlier this week.