Private

Wanted: More and better data on private markets
Wanted: More and better data on private markets
GROWING interest in private markets is creating demand for more and better data on these relatively opaque assets, although improvements may be several years away. Challenges include the cost...
HSBC’s private bank shuts independent asset management business in HK, Singapore
HSBC’s private bank shuts independent asset management business in HK, Singapore
HSBC Holdings’ private bank has discontinued its independent asset management business in Hong Kong and Singapore following a strategic business review, a bank spokesperson said. “We will make this change...
HSBC’s private bank shuts independent asset management business in HK, Singapore
HSBC’s private bank shuts independent asset management business in HK, Singapore
HSBC Holdings’ private bank has discontinued its independent asset management business in Hong Kong and Singapore following a strategic business review, a bank spokesperson said. “We will make this change...
Morgan Stanley Asia private equity unit to reorganise as CEO retires
Morgan Stanley Asia private equity unit to reorganise as CEO retires
MORGAN Stanley Private Equity Asia (PEA) is reorganising its teams in the region as its current chief executive of Asia Chou Chin is retiring, according to an internal memo...
Private credit is disrupting Hong Kong bankers’ cosy lives
Private credit is disrupting Hong Kong bankers’ cosy lives
THE arrival of private credit in Hong Kong is posing an existential threat to some of the city’s finance circles.Banks are tiptoeing into job cuts. The number of people employed...
Cordlife directors file court application against company to cancel private placement
Cordlife directors file court application against company to cancel private placement
A GROUP of Cordlife’s directors has filed an injunction application before the High Court of Singapore to restrain the company from issuing new shares.Pending hearing this application, an interim...
Dimon meets with development bank leaders seeking private money
Dimon meets with development bank leaders seeking private money
JPMORGAN Chase & Co chief executive officer Jamie Dimon met with executives from the World Bank Group and several other multilateral development lenders as they seek to pull more...
DBS puts 46 HDB shops, private strata retail units on market for S0 million
DBS puts 46 HDB shops, private strata retail units on market for S$210 million
DBS has put up for sale a portfolio of 46 HDB shop and shophouse units, and private strata retail units with a total guide price of about S$210 million.The...
Deutsche Bank has cut dozens in Asia private banking overhaul
Deutsche Bank has cut dozens in Asia private banking overhaul
DEUTSCHE Bank trimmed 10 private banking roles in Asia over the past week, adding to dozens of cuts in recent quarters as it zooms in on more profitable markets...
UBS shuts some China private funds, will lay off staff: sources
UBS shuts some China private funds, will lay off staff: sources
HONG KONG, April 18 (Reuters) - UBS is shutting down some of its China private funds business and will lay off one-third of the staff as the Swiss bank...