Asia
BNY Mellon and Western venture into China
BNY Mellon and Western Securities have set up a joint venture investment company in China.
Jersey banking stats show leap in Far East deposits
Deposits in Jersey banks from Far East sources have more than doubled since the end of September.
UBS to recruit 400 staff in Asia
UBS is planning to add 400 client advisers to its 1,000-strong team in the coming year
SLI: No evidence to suggest GEM will outperform
There is not enough evidence to suggest emerging markets will outperform in the near term.
China’s GDP grows by 8.7% in 2009
China’s economy expanded 8.7% during 2009, exceeding the 8% full-year growth target set by its government