Sumeet Chatterjee
Stories by Sumeet Chatterjee
Singapore’s OCBC plans wealth management business in China to boost profits
The gradual opening up of China's financial market worth trillions of dollars has enthused some overseas firms to bulk up their presence in the count
Malaysia may reconsider foreign insurance ownership rule
It would provide respite to foreign firms including Great Eastern Holdings, Prudential, Tokio Marine Holdings and Zurich Insurance by putting off deal
JPMorgan applies to China regulator for securities business licence
JPMorgan also said it had appointed Mark Leung as the chief executive of its China business.
Carlyle set to mop up $6.5b for its largest Asia PE fund to date
It had initially targeted a fund of $5 billion but raised its expectations following a strong investor response.
Western banks fear China securities watchdog’s new rules will limit JV control
Bankers are rushing to submit requests for clarification of the rules by Sunday, when the consultation period closes.
Insurance Australia Group to sell SE Asia businesses in $500m deal
Australia's biggest general insurer has ventures in Malaysia, Thailand, Vietnam and Indonesia in SE Asia.
Credit Suisse secures nod to launch wealth management business in Philippines
The Swiss bank intends to tap the growing onshore wealth in the Southeast Asian country.
Walmart likely to clinch deal for majority stake in India’s Flipkart by June
Japan's SoftBank Group, which owns roughly one-fifth of Flipkart via its Vision Fund, is unlikely to sell any of its shares due to the low price being
Stanchart private banking and Asean chief Anna Marrs to leave
StanChart said its commercial banking business unit would now report into Simon Cooper.
China’s sovereign wealth fund exits Blackstone investment
CIC’s exit from Blackstone comes amid growing trade tensions between Beijing and Washington since President Donald Trump took office just over a yea
