Selena Li
Stories by Selena Li
Insurer AIA agrees to buy Philippines healthcare firm MediCard
MediCard is a healthcare services provider in the Philippines with over 920,000 members.
Brokerage CLSA vice-chairman Charles Lin steps down
CLSA lost its last CEO Rick Gould in August 2020, after he helmed the role for only 16 months.
Credit Suisse strikes deal to buy out Founder Securities’ 49% stake in China securities JV
JPMorgan and Goldman Sachs have also converted their Chinese JVs into fully-owned operations.
Citigroup ropes in three for China securities business
Last year, Citigroup applied for a mainland Chinese securities licence as part of its push to ramp up business in the market.
BNP Paribas Asset Management appoints Mike Nikou as APAC CEO
Nikou was most recently a global partner at Antler Singapore
AIA Group looking to set up life insurance asset management company in China
It has forecast a rebound in sales despite a 13% drop in first-half new business value
Ping An defends HSBC spin-off call but says it is not an activist investor
The remarks show that the Chinese company does not intend to relent on its stance
Allianz in talks with banks for China asset management venture
AllianzGI is the latest foreign asset manager to seek a slice of China's wealth management market.
Investor Ping An thinks HSBC overstated risks of $35b Asia spin-off
HSBC had said a break-up would mean a long-term hit to the bank's credit rating.
Barings to buy Australian private equity real estate firm Altis
The acquisition will add $4.30 billion in assets under management
