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RPT-HSBC hires UBS's top Asia oil and gas banker Martinez - source
HONG KONG, May 9 (Reuters) - UBS AG's chief oil and gas banker in Asia, Jorge Martinez, has left the firm to join HSBC plc, a person familiar with the matter told Reuters on Wednesday. Martinez quit UBS on Tuesday, the source said, after spending three and a half years with the bank based in Hong Kong. Prior to that he worked with Lehman Brothers for about eight years. The source was not authorised
HONG KONG, May 9 (Reuters) - UBS AG's chief oil and gas banker in Asia, Jorge Martinez, has left the firm to join HSBC plc, a person familiar with the matter told Reuters on Wednesday. Martinez quit UBS on Tuesday, the source said, after spending three and a half years with the bank based in Hong Kong. Prior to that he worked with Lehman Brothers for about eight years. The source was not authorised
FDIC head outlines strategy for seizing firms
The next time a big bank or financial firm fails, regulators hope to avoid a major blow to the economy by seizing the firm's parent company while allowing its healthy subsidiaries to continue
Post-Lehman crisis, minority stake deals in MFs fail to boost assets
At a time when recent minority stake sale deals inked at higher valuations may have provided much-needed grease to the stagnating wheels of the Indian mutual fund industry, similar transactions in
Analysts' corner
SIEMENS INDIA
Reco price: Rs 750;
Target price: Rs 635
Siemens India seems to be facing a series of challenges, as the ordering
Foreign players see value in Indian mutual fund industry
After a slew of low-valued deals after the Lehman crisis, the domestic mutual fund (MF) industry is once again seeing deals at good valuations. Despite, short-term hiccups, untapped opportunity in
After a slew of low-valued deals after the Lehman crisis, the domestic mutual fund (MF) industry is once again seeing deals at good valuations. Despite, short-term hiccups, untapped opportunity in
EU fails to reach deal on new bank rules
European finance ministers early Thursday failed to reach a deal that would force banks to build up higher capital cushions against financial shocks amid disagreements over the powers of national
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