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  1. Business - Banking & Finance - BANKING

    Asian banks win as rich seek safety

    Posted Nov 15th 2012, 12:00am by George Chen

    ... Netherlands-based ING Group's Asian private banking business in 2010. De Guzman, the former chief executive of ING Asia Private Bank, said part of the reasons for the rapid increase of assets within ... Assets under management at Bank of Singapore will have doubled in three years as the rich change their investment thinking, says chief When the world's richest people want to manage ...

  2. Bank of Beijing gets IPO go-ahead

    Posted Aug 28th 2007, 12:00am by Staff Reporter

    ... analysts said. Bank of Beijing, 19.9 per cent owned by ING, did not announce a pricing range for the offer but analysts expect the shares to sell at up to 10 yuan each, 30 times earning per share ... Daniel Ren in Shanghai Bank of Beijing yesterday received regulatory approval to float 1.2 billion shares on the Shanghai Stock Exchange, an offering expected to attract considerable ...

  3. Business - Banking & Finance - BANKING

    ABN Amro plans big Asia push

    Posted Sep 24th 2012, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Dutch bank aims to ramp up business in five regional markets, including Hong Kong ABN Amro plans big Asia push Dutch state-owned bank ABN Amro plans to expand ... was outbid by an unlikely consortium of Fortis, Banco Santander, and Royal Bank of Scotland (RBS), which aimed to divide the lender into three parts, with Fortis to acquire its Dutch and Belgian ...

  4. Equities tumble as more pain forecast

    Posted Oct 24th 2008, 12:00am by Staff Reporter

    ... and could inject the same amount next year if problems persisted. The Dutch government pumped Euro10 billion into banking giant ING. The South Korean market was the day's worst performer, ... Kong Monetary Authority injected HK$3.88 billion into the city's banking system yesterday. The United States Treasury disbursed to banks last week the first US$125 billion of a US$700 ...

  5. Business - Money

    Bankers ride boom in social enterprises

    Posted Mar 25th 2013, 12:00am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Investing in public service could generate healthy returns with focus on mass market Bankers ride boom in social enterprises Putting private capital to public service is booming in Asia, and some investment bankers are quittin ...

  6. Talking points

    Posted Nov 23rd 2011, 12:00am

    ... Our editors will be looking ahead today to these developing stories ... Taiwanese opposition leaders file election bid Taiwan's main opposition presidential candidate, Dr Tsai Ing ... Centre for International Economic Exchanges. The central bank's deputy governor, Hu Xiaolian (left), has said the European debt crisis especially created uncertainty for China's ...

  7. A.I.A. beats analysts' predictions

    Posted Feb 25th 2012, 12:00am

    ... insurance businesses are being put up for sale. ING's Asia-Pacific operations were valued at Euro5.8 billion (HK$60 billion) at the end of last year. An additional Euro300 million from ... billion. Its solvency ratio reached 311 per cent, a strong capital position, analysts said. Tucker said that while the bank had the ability to conduct acquisitions, it would do so prudently. ...

  8. Business - Banking & Finance - BANKING

    Credit Suisse trains sights on Asia's growing wealth

    Posted Apr 08th 2013, 12:00am by Enoch Yiu

    ... Suisse, the second-largest bank in Switzerland, will focus on developing its wealth management and investment banking businesses in Asia in the next few years to tap the region's rapidly ... exceeding US$38 trillion. The bank forecasts that by 2017, 25 per cent of the world's US-dollar millionaires will be located in Asia-Pacific, up from 24 per cent today. Within the region, Japan ...

  9. Business - Banking & Finance - EXPANSION

    Royal Bank of Canada targets Asian wealth

    Posted Oct 15th 2012, 12:00am by Lulu Chen

    ... Lulu Chen lulu.chen@scmp.com Canadian bank in the market to take over some smaller asset managers to tap regional growth RBC sets sights on Asian wealth management RBC Wealth Management, ... of a global strategy launched in 2010 to make the wealth-management business a larger profit generator for the parent, Royal Bank of Canada. The Canadian lender hopes that profit from its ...

  10. Lost Colony

    Posted Dec 11th 2011, 12:00am

    ... with a strikingly different result. In 1662, a shrewd anti-Qing rebel named Koxinga kicked the Dutch out of Taiwan, defeating their imposing fortress of Zeelandia on the site of today's Tainan city. By the time the cannon smoke cleared and the Sino-Dutch war ended in 1668, Chinese soldiers, artillery and tactical leadership had trumped some of Europe's best. This engaging book, laced ...




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