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September 2014

News Nomura Establishes Joint Venture in Shenzhen

Nomura Asset Management Co., Ltd., a wholly owned subsidiary of Nomura Holdings, Inc., today announced that it has established a joint venture with Shenzhen Hua Xia Ren He Capital Management Co., Ltd. to conduct a private fund business in the Qianhai Economic Zone in (...)

September 2014

Opinion ECB Moves, Mild Eurozone Fiscal Easing to Follow

The European Central Bank’s unconventional monetary policy measures and rate cuts announced 4 September highlight the risks facing the eurozone economy, Fitch Ratings says.

September 2014

News QNB acquires a 12.5% stake in Ecobank Transnational Incorporated, the leading pan-African bank

QNB, “One of the World’s Strongest Banks” has today announced the acquisition of a 12.5% stake (both ordinary and convertible preference shares) in Ecobank Transnational Incorporated.

September 2014

News AfDB prices NZD 100 million Kauri Bond due August 2019

African Development Bank (AfDB), rated Aaa (Stable) / AAA (Stable) / AAA (Stable (Moody’s / Fitch / S&P), successfully priced a NZD 100 million 5-year Kauri benchmark due 27th August 2019 through TD Securities. The notes pay a coupon of 4.50% and marks the first Kauri (...)

August 2014

News African Bank Contagion Limited for Large SA Banks

The recent failure and bail-in of African Bank Limited is isolated and any contagion to the large South African banks is likely to be limited, Fitch Ratings says. It does not change our view of the credit profiles of the largest five banks, so there are no rating (...)

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