U.S. asset manager Neuberger Berman's Chinese unit said on Friday it has been granted a license by the Chinese securities regulator to conduct mutual fund business.
Japan's top venture capital firm JAFCO Group Co Ltd said on Friday it would buy back shares worth 42 billion yen ($301 million) through a tender offer, yielding to demands from a group of shareholders backed by a prominent activist investor.
Australian securities regulator on Friday directed a unit of asset manager Perpetual Ltd to stop offering or distributing two funds to retail investors on an interim basis due to significant market risks involved.
Credit Suisse has made 889 million new shares available to existing investors at 2.52 Swiss francs ($2.67) per share, the bank said on Thursday, confirming the final terms of its 4 billion franc capital hike.
Manulife Financial Corp will outsource its property operations in Canada to commercial real estate broker JLL Inc as part of a longer-term strategy to focus on its entrepreneurial investment management unit, Canada's biggest life insurer said Thursday.
Deutsche Bank Chief Executive Christian Sewing appealed for caution regarding German government relief packages and said the country should not come to rely on extending aid measures, speaking at an economic conference on Thursday.
Berkshire Hathaway Inc said Warren Buffett has donated more of his fortune to four family charities, without disclosing whether the billionaire chairman made a new donation to the Bill & Melinda Gates Foundation.
Mexican bank Grupo Financiero Inbursa said on Wednesday it had pulled out of the bidding process for U.S. bank Citigroup's Mexican retail arm Citibanamex.
New Zealand's central bank governor said on Thursday benchmark interest rates needed to go higher and the country also needed to go into recession to get spiralling inflation under control, which would mean pain for some home owners.
