CorpBanca, Chile’s fifth-largest bank by assets, has become synonymous with dependable retail and commercial banking services. Within an evolving banking environment, the bank provides clients with broad-ranging products. The bank came into its own in 1...

Boutique investment banks normally get involved in small transactions, very often smaller than a billion dollars. Very often, they are active in the sell side of M&A transactions. In addition, many boutique investment banks often specialise in part...

"I can only say that I am deeply sorry that our management - starting with me - was not more prescient and that we did not foresee what lay before us," former Citi CEO Prince told a US congressional panel that is investigating the origins of the worst US ...

Eric Wong, who helps run his Hong Kong family’s money through an investment office, TCG Capital, looks like a hedge-fund manager’s dream. He’s rich, young and, having been to university there, comfortable with American ways – just the type of inve...

There seems to be no end in sight to the financial crisis that started several years ago. Numerous banks have failed in the process, thousands of homes have been repossessed and large numbers of ordinary men and women have lost their jobs. Most of these p...

While many financial institutions have made changes in recent years, mainly to meet the new economic landscape, some have taken more drastic steps than others. One bank that has found it necessary to change internal practices and also reorganise holdings,...

Working in the field of investment banking can be a great career, provided that the individual is willing to undergo the training and endure what can sometimes be a stringent process for finding, applying and ultimately securing the desired position with ...

In mid-September Swiss giant UBS was doing well. It was recovering rapidly from a cumulative write-off of over $50bn in losses from its involvement in toxic sub-prime debt during the financial crisis. CEO Oswald Grubel, hired to resurrect the 157 year-old...

For the third consecutive year, Baiduri Bank has been awarded the Best Banking Group for Brunei 2011 from World Finance. In March 2011, World Finance named Baiduri Bank as the Company of the Decade for Brunei for the period 2001 – 2010 reflecting the Ba...

Just a few decades ago, Mifel was a small company servicing small and medium size businesses on their financial strategies. Later on, it began to grow a small fund to operate with and eventually obtained the first private concession for an exchange house ...