Andrew Cohen News
-
Roman Abramovich and his girlfriend Dasha Zhukova inspected sculptures by Takashi Murakami. Kate Moss also browsed as Hong Kong wooed wealthy art buyers with champagne, James Bond-style parties and lobster feasts.
-
JPMorgan Chase & Co. said it appointed Andrew Cohen as chief executive officer of private banking for ultra-high net worth individuals in Asia-Pacific.
-
JPMorgan Chase & Co. plans to increase the number of private bankers in Asia by about 70 percent by the end of 2012 to tap rising wealth in the region.
-
Standard & Poor’s is frozen out of the commercial-mortgage bond market by the biggest underwriters after derailing a $1.5 billion sale by Goldman Sachs Group Inc. and Citigroup Inc. last July.
-
Standard & Poor’s practices for grading commercial property bonds since the 2008 credit crisis are drawing scrutiny from Massachusetts authorities, according to three people with knowledge of the matter.
-
Standard & Poor’s, the ratings firm frozen out of the commercial-mortgage bond market since last year, plans to change the way it rates the securities.
-
Moody’s Investors Service cautioned investors on risks in a commercial-mortgage bond deal from JPMorgan Chase & Co, the first such transaction the rating company didn’t grade since at least August 2011.
-
Julius Baer Group Ltd. Chief Executive Officer Boris Collardi enters the 18th-floor meeting room in the bank’s Hong Kong offices lugging a suitcase that contains a clue to the soaring pay of Asian private bankers.
-
Standard & Poor’s, seeking to regain market share for rating commercial-mortgage bonds after being frozen out last year, said it’s considering changing the rankings on about $102 billion of the securities it grades after releasing new ratings guidelines.
-
Pay increases for private bankers in Asia will slow this year as waning high-margin transactions and Europe’s debt crisis spur cost-cutting across the industry, Falcon Private Bank Ltd.’s chief executive officer said.
|
|
Most Popular on Bloomberg
|
| |