China Asset Management, the country’s biggest fund manager ... Currently, the unit has nearly 40bn yuan in ... The company sees opportunities in Chinese equities as...
Deutsche Bank has become the latest international investment ... Zhong De Securities Limited will be one-third owned ... The joint venture is Deutsche Bank’s third large ... Colin Grassie, chief executive of Deutsche Bank Asia ... Last year Deutsche Bank increased its holding in...
China’s economy is likely to expand by nearly ... Writing in the official Shanghai Securities News, the ... The report estimated a 9.3% growth for all...
The Chinese manufacturing industry continued to contract last ... The Purchasing Managers Index, issued on Sunday by ... The employment component of the CLSA PMI dropped...
China Asset Management, the country’s biggest fund manager ... Currently, the unit has nearly 40bn yuan in ... The company sees opportunities in Chinese equities as...
Chinese manufacturing industry contracted for a third month ... The index of new export orders stood at ... Another PMI, issued on Friday by CLSA Asia-Pacific ... The Purchasing Managers Index rose to 41.2 from...
UBS has divested its 1.6% holding in Bank ... UBS purchased the holding in BoC for $491.6m ... The move, which came after the expiry of ... Separately, BoC tried to allay fears that Royal ... The Swiss wealth manager was understood to have ... A spokesman emphasised that the divestment did not...
UBS divested its 1.3% holding in Bank of ... The UBS move, which came after the expiry ... It is believed that the Swiss bank sold ... Meanwhile, BOC tried to allay fears that Royal ... Overseas banks, including Goldman Sachs, Citigroup, Dresdner Bank, ... The conundrum for other Western banks looking to...
China's central bank on Monday reduced interest rates ... The PBOC also cut the amount of money ... Separately, Cai Qiusheng, a department director at the ... The People's Bank of China slashed its benchmark ... China's forex reserves "have already fallen for the...
Bank of America has dropped a $3bn (€2.1bn) ... Meanwhile, Commonwealth Bank of Australia, Australia's second-largest lender, ... Bob Wigley, one of the City of London’s ... It is believed that the Chinese government was ... CBA accused Merrill of failing to inform potential...
Sovereign wealth fund China Investment Corporation has held ... The fund, which has an estimated $200bn (€149bn) ... An allocation increase could make CIC one of ... CIC is planning to hire a team of ... The wealth fund selected eight external managers to ... CIC suffered significant losses on both its $3bn...
Sovereign wealth fund China Investment Corporation has held ... The fund, which has an estimated $200bn (€149bn) ... An allocation increase could make CIC one of ... CIC is planning to hire a team of ... The wealth fund selected eight external managers to ... CIC suffered significant losses on both its $3bn...
Goldman Sachs on Tuesday unveiled a $2.3bn (€1.6bn) ... The principal investment arm lost $2bn on corporate ... Negative revenue from fixed income amounted to $3.4bn ... Revenue at the bank’s investment-banking unit declined 48% ... Goldman posted a loss of $4.97 per share...