Impending deals with Lombarda Bank and Lord Abbott demonstrate new options for shareholding arrangements.
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Lim Heong-Chye, manager of Singapore''s largest mutual fund, is leaving DBS Asset Management.
ETFs in Asia have floundered, except for SSGA''s Tracker Fund of Hong Kong, which enjoys unique government backing.
Unlike the Malaysian banks that were forced to write off 100% of loans to NSC, Philippine lenders will likely lend more.