Finance

TMX Group Announces Office Opening in Beijing, China

Toronto-based TMX Group Inc. announced the opening of a representative office of its indirect wholly owned subsidiaries, Toronto Stock Exchange and TSX Venture Exchange, in Beijing, China.

Information summarized from:  TMX Group Press Release

Manulife and Indonesia’s Bank Danamon Sign Strategic Partnership

Bank Danamon of Indonesia and Manulife Indonesia, a subsidiary of Toronto-headquartered Manulife Financial, announced the signing of a strategic partnership to enhance joint offerings of banking, i

Information summarized from:  Manulife Financial Corporation Press Release

Manulife Indonesia Opens New Marketing Office

Manulife Financial, headquartered in Toronto, announced that its subsidiary, PT Asuransi Jiwa Manulife Indonesia (Manulife Indonesia), has opened a new marketing office south of Jakarta, Indonesia.

Information summarized from:  Manulife Financial Corporation Press Release

Delegation Heads to Hong Kong for Canadian Financial Mission

The Investment Industry Association of Canada (IIAC), the Hong Kong Trade Development Council (HKTDC) and the Hong Kong Economic and Trade Office (HKETO) are organizing the Canadian Financial Missi

Information summarized from:  National Post

Scotiabank Expands Presence in China with 20% stake in Bank of Guangzhou

Toronto-headquartered Scotiabank announced that it has been selected as the winning bidder to purchase a 19.99% stake in the Bank of Guangzhou (BGZ) for approximately C$719 million.

Information summarized from:  Scotiabank Press Release

ONE DROP, RBC Unveil Water Project in India

ONE Drop, a Montreal-based NGO, and Royal Bank of Canada (RBC) announced Project India, an initiative to educate and improve access to safe drinking water and sanitation in Orissa, India.

Information summarized from:  Royal Bank of Canada

China Select Capital Partners Corp. Announces Appointment of New CEO

Vancouver-based China Select Capital Partners Corp. announced that it has appointed Min Kuang as Chief Executive Officer (CEO).

Information summarized from:  Marketwire

Sarona Asset Management Invests C$3.5 Million in Southeast Asia

Sarona Asset Management of Waterloo, Ontario announced that its Sarona Frontier Markets Fund I LP has committed C$3.5 million to the Aureos South-East Asia Fund II LP, a private equity fund that in

Information summarized from:  Sarona Asset Management Press Release

Montreal Economic Institute and CCBC to Host China Investment Relations Event

The Montreal Economic Institute, in cooperation with the Canada China Business Council (CCBC), will host a luncheon in Montreal on October 12, 2011, with Felix Chee, Chief Representative to Canada

Information summarized from:  Canada China Business Council

Power Corp Makes Successful Bid for 10% Stake in Chinese Asset Management Company

Montréal-based Power Corporation of Canada announced that its bid to purchase 10% of China Asset Management Co. Ltd. (China AMC) from its current owner, CITIC Securities Co.

Information summarized from:  Power Corporation of Canada Press Release

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