Sumeet Chatterjee
Stories by Sumeet Chatterjee
JPMorgan in talks to sell out of Chinese securities JV
Global investment banks like JPMorgan often hold only minority stakes in such ventures and the resulting lack of control has been a source of frustrat
Deutsche Bank’s Asia Pacific wealth management head Ravi Raju leaving to join UBS
His departure, the second by a high-profile Deutsche banker in Asia in the last few months, comes as Germany's biggest lender is battling to contain t
HK: Permira to buy Bank of East Asia’s Tricor unit for $838m
Permira's bid values Tricor at about 15 times its core earnings of about $55 million last year.
Goldman Sachs feels the heat in Asia as IPO engine slows
Goldman Sachs failed to make it to the upper echelon of Asia's equity market fee earners for the first time in more than a decade, hit by a squeeze in
Bank of America to cut two dozen Asia jobs, top deal-makers could face the axe
Barclays said in January that it would cut about 1,000 staff in its investment bank operations worldwide, with the bulk in Asia, while Societe General
Banks miss out on fees as Chinese firms turn to inhouse teams for deal advice
Paying for advice is still a relatively new concept for Chinese firms, so they tend not to be big fee payers. While large conglomerates in developed m
UBS Asia investment banking co-head Saurabh Beniwal to leave
Beniwal, who is based in Singapore, took up the current role last year and was previously the investment banking head for Southeast Asia, excluding Ph
China’s State Grid, Hong Kong’s CKI bid for Australian electricity network
State Grid Corp of China and Hong Kong's Cheung Kong Infrastructure Holdings have bid for Australia's biggest electricity network, in a privatization
Chinese logistics firm ZTO Express files for up-to-$2b IPO in US
The IPO by ZTO Express, a partner in e-commerce giant Alibaba Group Holding Ltd's Cainiao Network logistics arm, is expected to be marketed as early a
In $10b IPO, China’s PSBC eyes ticket to online financial services boom
PSBC plans to work with online services firm Tencent and Ant, an online payments affiliate of e-commerce giant Alibaba Group Holding, to launch a ran