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China Sovereign Wealth Fund Shows its PR Side

Posted on by Damien Ryan in Viewpoint | 1 Comment

China’s sovereign wealth fund, China Investment Corp. (CIC), which is well known for staying out of the media, showed itself adept at corporate communications and messaging today. Two separate pieces from CIC today appeared in the FT and WSJ criticising Europe. It seems that there was a coordinated PR effort as both articles were ‘on message’. The WSJ article, titled “China Fund Sours on Europe”, was an exclusive and the first time in five years that Lou Jiwei – Chairman …

The Rise of SE Asia Banks

Posted on by Damien Ryan in Viewpoint | Leave a comment

Malaysian banks continue their reach beyond domestic borders with another M&A deal this week – the latest sign of regional ambitions. The rise of SE Asian lenders is significant for competition – as it changes the regional landscape among domestic lenders and increases pressure on international peers. It’s also important from a brand positioning viewpoint. RHB Capital is Malaysia’s fifth-largest lender and agreed to buy OSK Holdings’ investment-banking division for around US$600 million. For RHB, the purchase also provides a …