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Vietnam’s Banks to Sell Bad Debt to Asset Management Company
Thu, 16 May 2013 02:20:05 -0700
Vietnam will force banks to sell bad debt to a soon-to-be established asset management company, according to State Bank of Vietnam Chief Inspector Nguyen Huu Nghia, as the government steps up efforts to revive the economy.
HSBC Global Asset Management's Quarterly Outlook: Has The Developed World Gone Ex-Growth?
Thu, 16 May 2013 00:00:00 -0700
DUBAI, UAE, May 16, 2013 /PRNewswire/ -- Emerging markets have become the engines of global growth as their global influence increases, leaving developed markets in their shade, according to HSBC Global ...
Aston Hill Asset Management Inc. Appoints Vice President & Portfolio Manager Jeffrey Burchell as co-Chief Investment ...
Wed, 08 May 2013 06:52:00 -0700
Aston Hill Asset Management Inc. Appoints Vice President & Portfolio Manager Jeffrey Burchell as co-Chief Investment Officer
IL&FS debt fund to buy infra loans from PSU banks
Mon, 13 May 2013 07:56:34 -0700
IL&FS Infra Asset Management Company today said it signed an agreement with eight public sector banks to acquire their infrastructure loans.
GoldenTree Asset Management Expands With Paladyne Data Management Warehouse
Tue, 14 May 2013 05:00:00 -0700
LAKE SUCCESS, N.Y., May 14, 2013 /PRNewswire/ -- Paladyne Systems ® , Inc., a Broadridge Financial Solutions, company (NYSE: BR) and leading provider of next generation investment management solutions ...
IL&FS arm to buy infra loans of 8 public sector banks
Mon, 13 May 2013 09:27:12 -0700
IL&FS Infra Asset Management Ltd (IAML) has signed a Memorandum of Understanding with eight public sector banks to acquire their infrastructure loans.
IL&FS arm to buy infra loans of 8 PSBs
Tue, 14 May 2013 00:14:53 -0700
IL&FS Infra Asset Management Ltd (IAML) signs a Memorandum of Understanding with eight PSU banks to acquire their infrastructure loans
HSBC and Reliance Capital Asset Management, complete live customer transaction on NACH
Wed, 15 May 2013 22:36:17 -0700
HSBC is the first bank in India to complete live customer transactions on the National Automated Clearing House (NACH) debit platform in March this year.
BlackRock Has Alternative to Money Funds: Credit Markets
Thu, 16 May 2013 09:59:24 -0700
BlackRock Inc. (BLK) and Western Asset Management Co. are offering a new twist on traditional money-market funds as regulators are set to impose sweeping changes on the $2.58 trillion industry.
New Egypt central bank ruling a blow for local money market funds
Fri, 17 May 2013 01:15:26 -0700
By Patrick Werr CAIRO (Reuters) - Egypt's central bank, worried that banks are investing too much of their cash in local money market and fixed income funds, is imposing stricter limits on such investments, a move asset managers say could cripple their industry. In a copy of a central bank directive obtained by Reuters, the central bank says banks will not be able to invest more than 2 percent ...