Clients share Peregrine's pain
Article Abstract:
Peregrine Investments Holdings Ltd of Hong Kong failed to reach a deal with Zurich Group because of the ongoing Asian currency crisis and downgrading of Asian credit ratings. The deal would have Zurich boost Peregrine's capital base by purchasing $200 million of convertible preference shares. Peregrine claimed it may pursue other options, but analysts asserted that is unlikely.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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With staff in place, Wheelock NatWest looks to crack a crowded Asian field
Article Abstract:
David Miller is the chief executive officer of Wheelock NatWest Ltd. Wheelock NatWest is a joint venture of Wheelock & Co. of Hong Kong and NatWest Markets. Miller's goal is to make the investment bank break-even in 1997. Investment banks in the region are entrenched and there is too much competition.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Investment banks in Asia refrain from cutting jobs
Article Abstract:
Investment banks in Asia, such as Goodman Sachs Group Inc, and Lehman Brothers Holdings Inc., are, for the most part, keeping on staff hired during the boom time so that if conditions improve they will be prepared.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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