The Investor Audit http://www.theinvestoraudit.com Tue, 27 Jul 2010 10:58:46 +0000 http://backend.userland.com/rss092 en China Everbright Bank to issue IPO http://www.theinvestoraudit.com/?p=3525 Agricultural Bank of China’s exposure to rural economies a potential drag rather than a driver http://www.theinvestoraudit.com/?p=3502 We have updated the profile of 3i Group , Warburg Pincus, and China Investment Corporation. http://www.theinvestoraudit.com/?p=3471 Almost all major regional banks saw a drop in profit in their retail banking business in 2009 http://www.theinvestoraudit.com/?p=3486 Vietnam, Indonesia, and Pakistan are far under-branched among Asian markets http://www.theinvestoraudit.com/?p=3485 Bank Ranking: Selected banks in Thailand, India and Philippines become attractive as they enjoyed good momentum, reasonable valuation and strong growth. http://www.theinvestoraudit.com/?p=3468 Virgin Money fails in its bid for RBS branches http://www.theinvestoraudit.com/?p=3382 Advent commences operations in Singapore http://www.theinvestoraudit.com/?p=3381 Fortress Investment may be rebuilding operations in Asia http://www.theinvestoraudit.com/?p=3379 Agricultural Bank may sell 18% of stock in $30b IPO http://www.theinvestoraudit.com/?p=3376 Shinsei Bank to sell overseas investments worth $1.1b http://www.theinvestoraudit.com/?p=3356 Goldman Sachs to name Sonjoy Chatterjee as India co-CEO http://www.theinvestoraudit.com/?p=3354 Agricultural Bank of China planning for $30b IPO http://www.theinvestoraudit.com/?p=3352 Shanghai to consider listing foreign companies http://www.theinvestoraudit.com/?p=3350 Prudential obtains Hong Kong listing; may consider Singapore next http://www.theinvestoraudit.com/?p=3335 Samsung Life completes largest Korean IPO at $4.4 billion http://www.theinvestoraudit.com/?p=3374 CCB to raise $11b in rights offer http://www.theinvestoraudit.com/?p=3372 ICBC and CCB announce largest Q1 profits http://www.theinvestoraudit.com/?p=3369 MAS to review regulations for investment management industry http://www.theinvestoraudit.com/?p=3336 Deutsche Bank’s Zhang to join ICBC http://www.theinvestoraudit.com/?p=3334 Banco de Oro Unibank has raised $270 million http://www.theinvestoraudit.com/?p=3332 CBA to purchase a stake in VIB http://www.theinvestoraudit.com/?p=3331 Pimco targets globally focused stock funds http://www.theinvestoraudit.com/?p=3262 Agricultural Bank of China hires 10 banks for $29b IPO http://www.theinvestoraudit.com/?p=3261 Bank of China (Hong Kong) carries out $900 million tap http://www.theinvestoraudit.com/?p=3260 Carlyle Asia Partners III fund raises $2.55b http://www.theinvestoraudit.com/?p=3259 3i Group planning to invest in Indonesia http://www.theinvestoraudit.com/?p=3258 ABC’s $29b IPO attracting major banks http://www.theinvestoraudit.com/?p=3235 Citi names Michael Zink as Singapore country head http://www.theinvestoraudit.com/?p=3233 Agricultural Bank of China to decide on banks for IPO http://www.theinvestoraudit.com/?p=3150 Korean megabank may emerge http://www.theinvestoraudit.com/?p=3148 Four banks bid for RBS’s UK branch network http://www.theinvestoraudit.com/?p=3146 Carlyle raises $1.1b fund for banks, insurers http://www.theinvestoraudit.com/?p=3144 CCB cautions against rapid growth http://www.theinvestoraudit.com/?p=3128 $320.4m generated by Citi’s Primerica IPO http://www.theinvestoraudit.com/?p=3126 Nomura tops global IPO rankings on Dai-ichi deal http://www.theinvestoraudit.com/?p=3124 Toru Ohara resigns from Franklin Templeton Investments http://www.theinvestoraudit.com/?p=3118 Samsung Life to raise $4.5 billion in IPO http://www.theinvestoraudit.com/?p=3116 AXA and NAB advance on $12b deal http://www.theinvestoraudit.com/?p=3114 Invesco Aim banks on credit card stocks to aid recovery http://www.theinvestoraudit.com/?p=3112 Paulson’s $32b hedge fund causes concern http://www.theinvestoraudit.com/?p=3061 Credit Suisse obtains permission for Indian branch http://www.theinvestoraudit.com/?p=3059 Santander and RBS discuss access to acounts via UK post offices http://www.theinvestoraudit.com/?p=2996 BofA planning to expand in China http://www.theinvestoraudit.com/?p=2994 BOQ may acquire CIT unit http://www.theinvestoraudit.com/?p=2993 ICBC to raise $3.7b, other banks to raise a combined total of $25b http://www.theinvestoraudit.com/?p=2987 Citibank’s South Asia CEO resigns http://www.theinvestoraudit.com/?p=2984 Goldman Sachs applies for banking licence in India http://www.theinvestoraudit.com/?p=2982 Thanachart acquires stake in Siam City for $1b http://www.theinvestoraudit.com/?p=2976 Daiwa to acquire Shinsei’s Indian assets http://www.theinvestoraudit.com/?p=2975 BofA planning expansion in China http://www.theinvestoraudit.com/?p=2973 Dai-ichi to raise $11b in largest IPO of 2010 http://www.theinvestoraudit.com/?p=2972 Bank ranking: Asia’s best-performing banks have beaten their domestic markets by 18.7% over the past five years and rewarded their shareholders handsomely. http://www.theinvestoraudit.com/?p=3473 Bank IR teams challenged by changing investor priorities http://www.theinvestoraudit.com/?p=2957 KDB pulls out of bid for Siam City Bank http://www.theinvestoraudit.com/?p=2860 Santander plans UK listing worth $23.6b, may sell minority stake in UK banks http://www.theinvestoraudit.com/?p=2858 Blackstone, Resolution may join bidding for RBS branches http://www.theinvestoraudit.com/?p=2746 BoCom could raise $2.9b in rights offer http://www.theinvestoraudit.com/?p=2744 Foreign banks to continue investment in China http://www.theinvestoraudit.com/?p=2716 KKR, Bain, TPG vying for $1b stake in CICC http://www.theinvestoraudit.com/?p=2714 Global sukuk sales may reach $25b in 2010 http://www.theinvestoraudit.com/?p=2713 The search for liquidity focuses on disposing of illiquid assets http://www.theinvestoraudit.com/?p=2711 Virgin Money may purchase RBS and Lloyds branches http://www.theinvestoraudit.com/?p=2660 BNY Mellon obtains QFII licence from CSRC http://www.theinvestoraudit.com/?p=2659 CIC may earn extra $250 billion in funds http://www.theinvestoraudit.com/?p=2657 BNY to acquire PNC Global Investment for $2.5b http://www.theinvestoraudit.com/?p=2626 Hong Leong Bank offers RM 4.9 billion to acquire EON Capital http://www.theinvestoraudit.com/?p=2620 Samsung Life I.P.O may bring closure to dispute http://www.theinvestoraudit.com/?p=2623 Faysal Bank planning to buy RBS’ Pakistan unit http://www.theinvestoraudit.com/?p=2617 Kazakhstan to sell BTA Bank to Russia-based Sberbank http://www.theinvestoraudit.com/?p=2615 NBIM says that active management of funds are important http://www.theinvestoraudit.com/?p=2614 Bank of China to raise additional capital http://www.theinvestoraudit.com/?p=2613 Blackstone may be entering UK banking market http://www.theinvestoraudit.com/?p=2612 Citi selling A.F.P Habitat for $297m http://www.theinvestoraudit.com/?p=2611 NAB close to acquiring AXA Asia Pacific for 10.8b http://www.theinvestoraudit.com/?p=2610 T.Rowe Price completes acquisition of stake in UTI Asset Management http://www.theinvestoraudit.com/?p=2599 Skandia changes US large cap fund manager http://www.theinvestoraudit.com/?p=2598 DoubleLine Capital registers 3 new funds http://www.theinvestoraudit.com/?p=2596 Head of Ivy Asset resigns amid restructuring http://www.theinvestoraudit.com/?p=2595 Citadel’s Head of Investment Banking Leaves http://www.theinvestoraudit.com/?p=2583 Aozora says ironing out differences in merger more important than meeting deadline http://www.theinvestoraudit.com/?p=2581 Man Group affected by AHL’s poor performance http://www.theinvestoraudit.com/?p=2578 Soros Fund Planning an Office in Hong Kong http://www.theinvestoraudit.com/?p=2592 Mizuho considering Japan’s first rights offering http://www.theinvestoraudit.com/?p=2590 Ant Capital Partners to start new Japan buyout fund http://www.theinvestoraudit.com/?p=2588 Templeton to set up Shariah-compliant equity fund http://www.theinvestoraudit.com/?p=2546 Perella appoints new asset management unit deputy head http://www.theinvestoraudit.com/?p=2545 Blackstone raises $9b for BCP VI fund http://www.theinvestoraudit.com/?p=2544 US hedge fund manager predicts imminent Chinese crash http://www.theinvestoraudit.com/?p=2494 Nomura appoints new investment banking head for the Americas http://www.theinvestoraudit.com/?p=2493 KKR Financial Holdings LLC to sell 125m worth of bonds http://www.theinvestoraudit.com/?p=2492 Scottish Widows Investment Partnership buys Greek bonds and increases holdings of Japanese stocks http://www.theinvestoraudit.com/?p=2491 Southeast Asia’s two biggest economies on investor’s radar http://www.theinvestoraudit.com/?p=2700 NAB acquires Axa Asia Pacific for $12bn http://www.theinvestoraudit.com/?p=2433 Prudential sells its stake in Wachovia to Wells Fargo for $4.5bn http://www.theinvestoraudit.com/?p=2432 Bank of America raises $19.3b, aims to repay TARP http://www.theinvestoraudit.com/?p=2412 BlackRock completes $15.2b BGI acquisition, becomes world’s biggest asset manager http://www.theinvestoraudit.com/?p=2409 AI Capital to set up a fund to target Asian private equity next year http://www.theinvestoraudit.com/?p=2408 Galleon reportedly ending its Asian operations by the end of 2009 http://www.theinvestoraudit.com/?p=2407 KKR and Fubon Financial vie for Morgan Stanley’s CICC stake http://www.theinvestoraudit.com/?p=2410 Bank Julius Baer hires senior relationship managers in Singapore http://www.theinvestoraudit.com/?p=2357 BOC’s Investor Relations Rethink http://www.theinvestoraudit.com/?p=2381 Members Equity Bank sold $702 million of residential mortgage-backed bonds http://www.theinvestoraudit.com/?p=2322 Mizuho stockholders likely to face more share dilution http://www.theinvestoraudit.com/?p=2321 Bank of China and ICBC to be first lenders to open branches in Taiwan http://www.theinvestoraudit.com/?p=2320 China investors allowed to invest in Taiwan’s stock market http://www.theinvestoraudit.com/?p=2319 BMO acquired Paloma Securities http://www.theinvestoraudit.com/?p=2317 Paulson’s hedge fund group acquired $300 million worth of Citigroup’s shares http://www.theinvestoraudit.com/?p=2315 JP Morgan in the process of buying 50% of Cazenove Group http://www.theinvestoraudit.com/?p=2313 National Pension Service buys HSBC Holdings headquarters for $1.29 billion http://www.theinvestoraudit.com/?p=2310 State Bank of India will conclude its merger with State Bank of Indore by March 2010 http://www.theinvestoraudit.com/?p=2309 Iberiabank and FDIC to acquire two failed Florida financial institutions http://www.theinvestoraudit.com/?p=2307 ICBC and CCB in talks to buy a stake in Taifook Securities Group http://www.theinvestoraudit.com/?p=2305 Standard Chartered Bank expected to be listed in Indian stock exchanges http://www.theinvestoraudit.com/?p=2303 Shedding light on OCBC’s ING Asia private banking deal http://www.theinvestoraudit.com/?p=2378 Citi, JP Morgan, Wells Fargo to stop insuring checking accounts http://www.theinvestoraudit.com/?p=2301 BlueCrest plans to open an office in Geneva http://www.theinvestoraudit.com/?p=2299 HSBC upgraded from “hold” to “buy” at Societe Generale SA http://www.theinvestoraudit.com/?p=2297 FirstMerit Corporation acquired loans of $104 million from First Bank http://www.theinvestoraudit.com/?p=2295 China’s banking regulator approved three lenders to invest in bonds http://www.theinvestoraudit.com/?p=2292 ICICI Bank of India and Singapore Mercantile Exchange entered into agreement http://www.theinvestoraudit.com/?p=2290 Bank Negara Malaysia and CBRC signed MOU http://www.theinvestoraudit.com/?p=2289 Bad debts soared by 63% in Barclays http://www.theinvestoraudit.com/?p=2287 ICBC acquired 20% more stake in ICBC Credit Suisse Asset Management http://www.theinvestoraudit.com/?p=2285 ICBC acquires 20% more stake in ICBC Credit Suisse Asset Management http://www.theinvestoraudit.com/?p=2263 Taiwan barred foreign investors for putting money in time deposits http://www.theinvestoraudit.com/?p=2283 Qatar National Bank launches Swiss private banking subsidiary http://www.theinvestoraudit.com/?p=2260 HKMA further pumps $700 million into banking system, accumulating to a total of $34.83 billion http://www.theinvestoraudit.com/?p=2258 Sacombank opens a new affiliate in Singapore http://www.theinvestoraudit.com/?p=2255 ANZ Bank to raise $698 million through a convertible preference share offer http://www.theinvestoraudit.com/?p=2252 FDIC considers securitising failed bank assets http://www.theinvestoraudit.com/?p=2249 East West Bancorp acquires United Commercial Bank http://www.theinvestoraudit.com/?p=2246 Morgan Stanley considers selling 34% stake in CICC http://www.theinvestoraudit.com/?p=2244 China Merchants Securities raising up to $1.6 Billion IPO in Shanghai http://www.theinvestoraudit.com/?p=2242 ICBC expected to receive a banking permit from Malaysia http://www.theinvestoraudit.com/?p=2176 BNY promotes Brian Ruane as first CEO of BNY Mellon Alternative Investment Services http://www.theinvestoraudit.com/?p=2174 Siguler Guff acquires stakes in Russia’s MDM Bank http://www.theinvestoraudit.com/?p=2172 Investor’s sue Berkshire and Burlington northern over deal http://www.theinvestoraudit.com/?p=2170 AIG expected to report gains http://www.theinvestoraudit.com/?p=2168 Global IR review finds investors confident on market prospects; concern over withdrawal of government stimulus http://www.theinvestoraudit.com/?p=2222 ING to separate banking and insurance operations http://www.theinvestoraudit.com/?p=2141 Capital Markets Continues Expansion In Asia http://www.theinvestoraudit.com/?p=2139 Investors put executives and boards under the spotlight http://www.theinvestoraudit.com/?p=2102 Aviva Investors Challenges Global Stock Exchanges to Take Action on Corporate Responsibility http://www.theinvestoraudit.com/?p=2082 Ameris Bancorp reaches an agreement with FDIC, absorbs American United Bank http://www.theinvestoraudit.com/?p=1998 Rathbone Brothers acquires private client funds from Lloyds http://www.theinvestoraudit.com/?p=1996 China CITIC buys 70.32% of CITIC International Financial Holdings for $1.75bn http://www.theinvestoraudit.com/?p=1994 MIIF agrees to sell interest in Macquarie European Infrastructure Fund http://www.theinvestoraudit.com/?p=1990 Bank of Thailand’s unit is set to sell its 47.6% stake in Siam City Bank in Q2 of 2010 http://www.theinvestoraudit.com/?p=1969 State Bank of India seeks to acquire a 40-branch Indonesian bank http://www.theinvestoraudit.com/?p=1968 Axis Bank hires Barclays, HSBC, JP Morgan and Standard Chartered for bond sale http://www.theinvestoraudit.com/?p=1956 UOB enables retail investors to invest in China’s top companies http://www.theinvestoraudit.com/?p=1954 BNP Paribas appoints new chief executive for Fortis Bank in Singapore http://www.theinvestoraudit.com/?p=1952 Bank of America signs agreement to sell First Republic Bank http://www.theinvestoraudit.com/?p=1950 Wells Fargo posts profits from hedging mortage-servicing rights http://www.theinvestoraudit.com/?p=1948 BlackRock net income soars 46% http://www.theinvestoraudit.com/?p=1891 State Bank of India raises $750mn from bond sale http://www.theinvestoraudit.com/?p=1889 JP Morgan edges Goldman Sachs on corporate client fees http://www.theinvestoraudit.com/?p=1887 UBS AG names new MD for Latin America fixed-income trading http://www.theinvestoraudit.com/?p=1885 Qatar Holding mulls selling Barclay shares http://www.theinvestoraudit.com/?p=1882 Billionaire fund manager charged with insider trading http://www.theinvestoraudit.com/?p=1809 Allianz and Amex keep their $3.1bn worth ICBC shares http://www.theinvestoraudit.com/?p=1807 Investor Confidence Index Declines From 122.8 to 118.1 in September http://www.theinvestoraudit.com/?p=1960 RHJ International acquires Kleinwort Benson from Commerzbank AG http://www.theinvestoraudit.com/?p=1801 RHB buys 80% of Bank Mestika for $356mn http://www.theinvestoraudit.com/?p=1797 Nomura Selects SunGard’s Apex Securities Finance Solution for Full Front-to-Back-Office Management http://www.theinvestoraudit.com/?p=1786 OCBC Bank Triples its Private Banking Business http://www.theinvestoraudit.com/?p=1719 Fitch Assigns ‘AAA(twn)’ to Deutsche Bank’s Bond Issue http://www.theinvestoraudit.com/?p=1716 RBS hires new Head of Institutional sales for Asia Pacific equity derivatives http://www.theinvestoraudit.com/?p=1712 AIG sells Nan Shan Life Insurance for $2.15bn http://www.theinvestoraudit.com/?p=1603 China’s sovereign wealth fund buys stakes in country’s top banks http://www.theinvestoraudit.com/?p=1578 JPMorgan Asia private bank light on equities http://www.theinvestoraudit.com/?p=1518 SG Private Bank sees asset growth again in Japan http://www.theinvestoraudit.com/?p=1515 Lombard Odier Japan aims to double assets http://www.theinvestoraudit.com/?p=1512 HSBC eyes two troubled Asian assets – ING and RBS http://www.theinvestoraudit.com/?p=1424 Thanachart Bank seeks $1.2bn for upcoming Siam City Bank purchase http://www.theinvestoraudit.com/?p=1420 ICBC set to buy 19.26% stake in ACL Bank http://www.theinvestoraudit.com/?p=1415 State Bank of India merges with State Bank of Indore http://www.theinvestoraudit.com/?p=1411 Religare Unveils Plans to Expand Emerging Market Investment Bank and Appoints Martin Newson CEO, Global Investment Banking http://www.theinvestoraudit.com/?p=1406 Threadneedle Appoints New Head of Distribution http://www.theinvestoraudit.com/?p=1401 HSBC China Dragon Fund seeks approval http://www.theinvestoraudit.com/?p=1385 Fitch: Indian Investors See Stable Growth in Economy http://www.theinvestoraudit.com/?p=1381 Julius Baer to acquire ING Bank (Switzerland) Ltd http://www.theinvestoraudit.com/?p=1373 Banks to Tap Debt Market Despite Market Concerns http://www.theinvestoraudit.com/?p=1394 RBC Dexia Appoints New Chief Risk Officer http://www.theinvestoraudit.com/?p=1249 BBVA and Newedge new joint venture will operate under Altura name http://www.theinvestoraudit.com/?p=1167 Li Heng shareholders to gain exposure to HK market while retaining Singapore listing http://www.theinvestoraudit.com/?p=1163 Outlook for investor sentiments in banks in Asia Pacific http://www.theinvestoraudit.com/?p=1159 Nomura becomes Primary Dealer in India http://www.theinvestoraudit.com/?p=1150 Veteran Banker, Civic Leader Peter Barker Named California Chairman for JPMorgan Chase Continues Firm's Emphasis on the State JPMorgan Chase & Co. announced that experienced banker and business leader Peter Barker will become its California Chairman starting September 28.]]> http://www.theinvestoraudit.com/?p=1148 J.P. Morgan Expands its Escrow Capabilities in Asia Pacific http://www.theinvestoraudit.com/?p=1145 J.P. Morgan Worldwide Securities Services Launches Portfolio Construction Tool http://www.theinvestoraudit.com/?p=1142 The Carlyle Group Acquires Minority Stake in Yashili Group; Investment Supports China’s Rapidly Growing Infant Formula Industry http://www.theinvestoraudit.com/?p=1138 The Carlyle Group Names Gregory L. Summe Vice Chairman of Global Buyout; Seasoned Executive Brings 18 Years of Business Leadership Experience http://www.theinvestoraudit.com/?p=1136 Blackstone, Silverhawk, Tom Hill and Management form Summit Materials http://www.theinvestoraudit.com/?p=1131 Peter Cohen to Join Blackstone As Head of Global Media Advisory Practice http://www.theinvestoraudit.com/?p=1129 ARISTO Index Launches – Algorithmically Rebalanced Investment Strategy with Optimisation http://www.theinvestoraudit.com/?p=1126 Barclays Capital Appoints Ryan Bacher Head of Prime Services, Asia Pacific http://www.theinvestoraudit.com/?p=1124 JPMorgan Chase steps up to raise $90 billion in financing for nonprofit and government organizations http://www.theinvestoraudit.com/?p=1076 FDI outflows by West Asian sovereign wealth funds may gain importance in 2009; inward investment to the region may fall http://www.theinvestoraudit.com/?p=1078 J.P. Morgan Worldwide Securities Services Launches Portfolio Construction Tool http://www.theinvestoraudit.com/?p=1074 J.P. Morgan Issues M&A Holdback Escrow Report http://www.theinvestoraudit.com/?p=1069 ADCB is the first GCC bank to qualify to issue Global Medium Term Programme (GMTN) http://www.theinvestoraudit.com/?p=1067 Clifford Chance advises Forum Partners on investment in Galileo Japan Trust http://www.theinvestoraudit.com/?p=1062 Morningstar Acquires Equity Stake in PitchBook Data, Inc., Private Equity Data Provider http://www.theinvestoraudit.com/?p=1059 Private Equity Executives See Slowed Deal Flow in Early 2010; Industry Turnaround Later in Year Debt, financing and exit strategies are greatest concerns NEW YORK, Sept. 28 /PRNewswire/ -- The majority of private-equity industry executives polled say they expect economic conditions to keep deal activity and debt availability relatively low until near the end of 2010]]> http://www.theinvestoraudit.com/?p=1053 Fitch’s Stress Test Reveals Most Philippine Banks Resilient for Downturn; Rating Outlooks Stable http://www.theinvestoraudit.com/?p=266 MEPS awarded PCI DSS compliance certification for Interbank GIRO process http://www.theinvestoraudit.com/?p=253 Fitch Upgrades Shoko Chukin’s Support Rating to ‘1′ Due to Increased National Importance http://www.theinvestoraudit.com/?p=249 Investors’ expectations shift http://www.theinvestoraudit.com/?p=1121 Temenos builds rapid presence in Jordan http://www.theinvestoraudit.com/?p=263 Aberdeen still wary about Chinese banks http://www.theinvestoraudit.com/?p=58 Capital-raising to focus on supporting growth http://www.theinvestoraudit.com/?p=65 Taiwanese banks’ regional prospects http://www.theinvestoraudit.com/?p=53 Peter ANZ (finally) takes a big step into Asia http://www.theinvestoraudit.com/?p=8 Shin-Shinsei, Japan’s newest new bank http://www.theinvestoraudit.com/?p=62 VaR: Should we abandon it? http://www.theinvestoraudit.com/?p=68 The high cost of confidence http://www.theinvestoraudit.com/?p=3