Philip Chua Business Blog

Posts Tagged ‘group’

The mayor is moving his fortune from Quadrangle Group 10 months after a scandal with the state pension fund.

DBS GROUP Holdings is Singapore’s top bank brand, according to a survey of the world’s 500 leading banking names.
The Brand Finance Banking 500 report, which measures strength, risk profile and growth potential to calculate brand value, claimed DBS eclipses rivals United Overseas Bank (UOB) and OCBC Bank.
It put DBS’ brand value at US$1.52 billion (S$2.1 billion) last year – a 12 per cent hike fro… more

THE fourth quarter earnings reporting season has so far achieved all that investors could have hoped for, but the good news has all been obscured by a wave of worrisome events from Washington and Beijing and Europe.
‘The corporate side of the stock market’s fundamental picture has been a true success story in the early going in 2010,’ said Nick Colas, chief market strategist at Convergex Group. ‘E… more

A seventh person charged in the insider-trading case involving the Galleon Group agreed to assist investigators.

Thomas Hardin, an investment analyst at the center of the biggest insider-trading case in a generation, may lead prosecutors to other key players in the investigation of Raj Rajaratnam and his Galleon Group hedge fund.

Treasury Secretary Timothy Geithner will face a congressional grilling later this month about the suppression of key details on deals that funneled billions to big investment banks.

New York Federal Reserve Bank – Timothy Geithner – United States Treasury Secretary – Government – American International Group

Raj Rajaratnam of the Galleon Group and Danielle Chiesie, an ex-Bear Stearns manager, are accused of operating at the center of a vast insider trading ring.

INCREASED foreign direct investment (FDI) from developing economies into emerging markets will shape the political risk insurance industry (PRI), says the World Investment and Political Risk 2009 report released yesterday by the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA).
This trend could mean that Singapore, from which many investments are made into the region’s emerging m… more

Officials were investigating instances of the founder of the Galleon Group, Raj Rajaratnam, receiving nonpublic information from several companies as early as 2002.

Raj Rajaratnam, the founder of the Galleon Group, said his hedge fund had based its investments on research and not, as the authorities claim, on inside information.