unit

Disposal of 60% stake in Gecis will earn $500 million.

Fund of funds manager responds to maturing Asian hedge fund industry by setting up a team on the ground.

Dutch bank hires creates integrated advisory platform.

The Dutch bank reaches retailers with online statements, account maintenance and query handling.

Emerson''s $750 million acquisition of privately-owned Huawei Technology''s subsidiary, Avansys Power, could be the dawn of western style M&A in China.

HCL Technologies invests to boost its revenues from the financial sector.

The expansion follows the awarding of a securities brokerage licence to Deutsche Securities in Taiwan.

Bank of America will shut its Asian investment banking operation in the next 60 days.

ABN AMRO poaches a number of key executives for its new Asian financial institutions team.