Sumeet Chatterjee
Stories by Sumeet Chatterjee
Prudential, Sun Life said to be among bidders for CBA’s Indonesia insurance biz
The stake sale, which could value the venture at between $250 million and $300 million, has also received second-round bids from insurer FWD Group, Si
Three senior Asia-focused bankers at StanChart said to resign
The three so-called coverage bankers were responsible for offering clients corporate and investment banking-related services.
HSBC to bolster Asia private banking headcount, double client assets
HSBC's Asia private bank will add 700 people by 2022 from a headcount of 1,100 at the end of 2017.
China’s Anbang picks JPMorgan to run sale of its Dutch insurance arm Vivat
China has been considering the sale of Anbang's overseas real estate and insurance assets, which include Belgian insurer Fidea.
Fintech newbies, lenders queue up as Hong Kong prepares to issue online banking licences
StanChart has announced it will be applying, as have the Hong Kong telecoms operator HKT Trust and HKT, and fintech companies like WeLab Holdings and
Hong Kong’s FWD to buy HSBC stake in Malaysian insurance venture
FWD, owned by tycoon Richard Li, is acquiring the British lender's 49% stake in HSBC Amanah Takaful (Malaysia) Bhd initially.
Citi names veteran Beibei Li as banking head of China’s Belt and Road Initiative
Global banks including Citi, HSBC and StanChart have been boosting their staff and offerings as the belt and road drive fuels demand.
China’s Anbang readies to offload overseas properties worth $10b
New York’s Waldorf Astoria, bought in 2014 for $1.95 billion, is not part of the sale.
Citi readies for Asia investment surge with new China desk as trade war intensifies
Citi has about 20 business desks supporting investments by companies from China, South Korea and India
Blockbuster Chinese tech IPOs face challenges as trade tensions rise
This week, China's Qeeka Home postponed a $278 million Hong Kong IPO, while in New York, Uxin, a Chinese second-hand car sales site, halved the size