Rabobank to Stay in Indonesia

abobank Groep halted efforts to sell its Indonesian unit after local regulators imposed tighter restrictions on overseas bank acquisitions.


Deutsche Bank is new supervisor to Vietnamese open-ended fund

Initially established as a joint-venture company between a British investment firm and Sacombank—a large commercial bank in Vietnam—Vietfund Management is now a leading fund management company in Vietnam with approximately $200 million of AUM.


China, Britain signs agreement on currency swap

Mervyn King, governor of Bank of England (BoE) and Zhou Xiaochuan, governor of People's Bank of China (PBoC), have signed an agreement to establish a reciprocal 3-year sterling/renminbi (RMB, or Chinese yuan) currency swap line