Asia
mas sets up rep office in beijing
The Monetary Authority of Singapore (MAS) and the Peoples Bank of China (PBC) have signed an agreement on the establishment of a representative office by MAS in Beijing.
HSBC sells stakes in two Indian banks
HSBC Holdings, the London-based banking giant, has sold stakes in two Indian banks for around $425m.
pwc predicts bigger role for hong kong
Hong Kong is set to play an even greater role as a gateway for financial trade between emerging economies and China, according to a report issued today by PwC.
singapore thailand banks mutual liquidity deal
The central banks of Singapore and Thailand have signed a memorandum of understanding which will allow financial institutions in both countries to access additional liquidity.
skandia wealth platform first singapore
Skandia International is showcasing over the coming weeks to advisers in Singapore its Wealth Interactive service, an end-to-end wealth management proposition which will be offered there through a new portfolio bond product.