Australian Symon Drake-Brockman is on the front line of a revolution in European finance. The former head of global debt markets at Royal Bank of Scotland (RBS.L) now runs Pemberton Asset Management in London's genteel Belgravia, several miles from the "Square Mile" City of London financial district where bankers work.
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MBK agrees to buy ING's South Korean unit to bring the latter's Asia exit plan closer to conclusion.
Macquarie announced that they were able to finally close the deal with NG Groep NV
ING announced that they have reached an agreement to sell its investment management business in South Korea to Macquarie Group
Private equity fund MBK Partners has expressed interest in acquiring ING Groep NV's South Korean insurance unit
Private equity firm Waterland has attracted a number of potential buyers for Dutch trust and corporate management business Intertrust Group.
Bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies.
Manulife Financial Corp and Metlife are among the companies that have submitted first round bids for ING's entire Asia life insurance business, sources said on Saturday.
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