Exclusive interview with Paul Yang, BNP Paribas CEO for Asia Pacific
Sep 12, 2023 · Entering Asia. BNP Paribas’ forerunner, the Comptoir National d’Escompte de Paris (CNEP), was set up by France’s finance minister following the hardships endured during the French Revolution; to curb mass bankruptcy in the financial markets; and to stimulate the economy. Following signature of a free trade agreement with the British, the Comptoir sought to develop an international ...
Platinum Equity buys controlling stake in Inventia Healthcare's …
August 30, 2024. US private equity (PE) firm Platinum Equity has acquired a controlling stake in Inventia Healthcare’s core Oral Solid Dosage (OSD) business from PE firm Invascent’s India Life Sciences Fund III, New York Life Investment Management's Jacob Ballas India Fund III and affiliates of the company's founding Shah family.
Alibaba upgrades Hong Kong listing status to primary
Ryan Li. August 28, 2024. Chinese tech giant Alibaba will convert its stocks listed on the Hong Kong Stock Exchange (HKEX) to a primary listing, from what has been a secondary one since 2019, effective this week on August 28. Once completed, Alibaba will be dual primary listed on HKEX and the New York Stock Exchange (NYSE).
LianLian Pay taps global e-commerce growth - FinanceAsia
Nov 27, 2018 · LianLian Digital, the holding company of LianLian Pay, completed two rounds of funding and raised over $700 million this year from the likes of Sequoia Capital and Boyu Capital. Guo sees huge opportunities to serve Chinese e-commerce businesses as they increasingly look to sell their products overseas. And LianLian Pay is already serving ...
Alibaba's shares accepted to Shanghai-HK, Shenzhen-HK stock …
Sep 10, 2024 · Alibaba's shares accepted to Shanghai-HK, Shenzhen-HK stock connects. The moves, which will allow mainland Chinese investors to trade the stock, follow Alibaba's recent primary listing on the Hong Kong Stock Exchange. Alibaba Group Holding’s ordinary shares, which are now primary listed on the Hong Kong Stock Exchange (HKEX), have been ...
HKMC issues second ILBS issuance for $423m as investor demand …
September 13, 2024. The Hong Kong Mortgage Corporation (HKMC) has completed its second infrastructure loan-backed securities (ILBS) issuance of $423.3 million, according to a recent announcement. The issuance was arranged through a special purpose vehicle (SPV), Bauhinia ILBS 2 (Bauhinia 2) and it follows HKMC’s first ILBS issuance in May ...
PBOC offers stimulus relief for mortgages, cuts RRR for banks
September 24, 2024. The People’s Bank of China (PBOC) announced stimulus measures for banks and mortgage owners on September 24, as the country scrambles to hit its 2024 annual GDP growth target of 5%. Some of the measures, unveiled by the PBOC governor Pan Gongsheng at a press conference, include cutting the short-term seven-day reverse repo ...
Super success: Trust Bank's Singapore launch | FinanceAsia
Oct 5, 2022 · The launch of Trust Bank on September 1, 2022 was a huge success. The brand appeared everywhere in Singapore. People liked the simplicity of the offering and older generations understood it. Sign-ups took off instantly, rocketing to 100,000 newly joined customers aged 18 to 90 within its first 10 days of existence.
UBS appoints head of ESG advisory for APAC - FinanceAsia
Jan 4, 2022 · Zurich-headquartered investment bank UBS has appointed Brendan Tu as head of ESG advisory for APAC, effective February 21, 2022. Based in Hong Kong, Tu will report functionally to Laurent Bouvier, global head of ESG advisory, based in London, and locally to Gaetano Bassolino, head of global banking for Asia Pacific, according to an internal memo seen by FinanceAsia.
JP Morgan appoints new senior country officer for Singapore
Ella Arwyn Jones. September 20, 2022. Wai Mei Hong will succeed Edmund Lee as senior country officer (SCO) for Singapore from October 01, according to an internal memo seen by FinanceAsia. A spokesperson for the bank corroborated the news. Hong (pictured) first joined JP Morgan in 2007 and has over 25 years of banking experience in total.