• Thu
  • Apr 17, 2014
  • Updated: 1:53am

Collateralized Debt Obligation

Events

Today: British Chamber of Commerce breakfast: 'Securitisations, CDOs, derivatives and the global financial crisis'. Hong Kong Club.

Friday, 22 June, 2012, 12:00am

BEA targets Taiwanese bank, mainland expansion

Bank of East Asia is in talks to make an acquisition in Taiwan and also hopes to wrap up an agreement on launching a joint-venture asset management operation on the mainland by the end of the year, according to chairman David Li Kwok-po.

8 Sep 2008 - 12:00am

In a globalised world, mistakes are magnified

When two sides with a love-hate relationship are accused of misdeeds, chances are that both of them are guilty. There is an economic and moral equivalence between the subprime-loans mess created in the United States and the poisoned food, defective toys and other manufactured goods produced in China.

11 Nov 2007 - 12:00am

Tai steps down after 8 years as DBS chief

DBS Group Holdings says its vice-chairman and chief executive, Jackson Tai, is stepping down.

The Singapore bank, which last month stunned investors by admitting that its subprime exposure was twice as large as previously thought, said the banker would leave by the end of this year for personal reasons.

25 Sep 2007 - 12:00am

Fledgling bond market restricted to elite firms

The mainland corporate bond market, which is expected to take off after the introduction of proposed reforms, is likely to be restricted to high-quality firms initially - giving the country time to develop a sound insolvency regime, credit rating analysts said.

13 Jul 2007 - 12:00am

Risking other people's money

Since the second half of last year, the Shanghai stock exchange treasury bond index has lost about 10 percentage points, wiping out an estimated 20 billion yuan in value from the bond market. The damage was widespread among commercial banks and securities firms.

22 Jun 2004 - 12:00am

Indexed notes sound flat to punters

PEREGRINE Investments Holdings will have to return subscription money to investors for one of its two new principal-guaranteed notes after a poor reception.

The company issued a two-year $500 million note two weeks ago which is split equally into two tranches.

5 Jun 1995 - 12:00am

Bank issue launch soon

STANDARD Chartered Bank's long-awaited $1 billion mortgage-backed security (MBS) issue will be launched soon, bankers say.

The deal would be in three tranches with two senior and one subordinated, they said yesterday.

The possible split would be $100 million subordinated and the rest split between the senior tranches.

11 Nov 1994 - 12:00am