Selena Li
Stories by Selena Li
Taiwanese pension giant BLF hiring managers for $3b bond mandate
Each of the hired managers will be awarded $500 million in assets to run.
Chinese property developer Shimao misses repayment on $1b bond
Evergrande, Kaisa Group and Sunac China have already defaulted their dollar bonds.
Canada’s Manulife said to be inching closer to full control of China fund JV
Manulife's arm has got the nod to increase its stake in the JV to 100% form 49%.
Taiwan pension fund awards $2.3b ESG mandate to HSBC, Morgan Stanley, 3 others
Taiwan's BLF mandate is a key milestone regionally and managers should expect quarterly and annual reviews by the fund.
HSBC shuts down Hong Kong-based trade startup Serai
Serai connected small-and-medium-sized apparel makers with component suppliers worldwide
Citigroup to hire 3,000 employees in Asia institutional banking push
Citi has around $200b in wealth assets in Asia, and is "on track" to grow client assets by $150b by 2025.
HSBC clients query bank on climate change, a large investor to review engagement
A large institutional investor reconsidering whether to employ the bank for a sustainability role
Citi promotes Asia-based banker Valentin Valderrabano as global wealth COO
Valderrabano has nearly 20 years of experience at the bank.
PE firms KKR, BlackRock get approval to invest Chinese funds overseas
The approvals signal that Beijing is forging ahead with opening its financial markets to foreigners.
HSBC shares rise as markets welcome Ping An’s break-up proposal
Top shareholder Ping An has proposed options including spinning off the Asian business.
