January 18, 2012
Vietnam now has two stock exchanges, both of which are small Vietnam will only have one stock exchange instead of two as at present under the Finance Ministry’s plans to restructure the securities market in 2012. Under a new plan approved by the ministry last week, market reforms will focus on reorganizing the country’s stock exchanges and [...]
Tags: Chi minh, Chi minh city, exchange, exchanges, Has Two Stock, Has Two Stock Exchanges, Have One, Ho Chi, Ho Chi Minh, Ho Chi Minh City, market, Minh city, Now Has Two, Now Has Two Stock, One Stock, One Stock Exchange, securities, stock, Stock Exchange, Stock Exchanges, Two Stock, Two Stock Exchanges, Vietnam, Vietnam Now Has, Vietnam Now Has Two
Posted in Business | Comments Off
December 16, 2011
Investors at SME Securities Corp. Many stock investors are facing the risk of losing all their money as securities companies â after illegally using funds deposited by clients â are stuck in liquidity problems. Economist Dinh The Hien said a lot of stock brokerages have acted like small banks. Although they are not allowed to, [...]
Tags: brokerages, clients, companies, He Said The, investors, Liquidity, Liquidity Problems, market, money, securities, Securities Corp, Sme Securities, Sme Securities Corp, stock, Stock Traders, The Companies, Their Accounts, Their Money, traders
Posted in Business | Comments Off
December 5, 2011
Slowing inflation and talk of financial reforms have not boosted market sentiment as expected, and analysts are predicting the worst will not be over any time soon. Phan Dung Khanh, research manager at Kim Eng Vietnam Securities Co., said the stock market may move sideways or only recover slightly next year. Macroeconomic measures taken [...]
Tags: Acb Securities, Acb Securities Said, According, banking, Banking Reforms, Banking System, banks, Bao Kinh, Be Too Hopeful, Business, capital, Capital Securities, Capital Securities Company, Cash Flows, Central, Central bank, clients, companies, company, Deposit, Deposit Rate, financial, flows, Government, inflation, interest, Interest rates, investors, Kinh Te, Last week, Late Last, Late Last Week, Ldquo, Lenders, Lending Rates, market, News Website, Next Year, Nguyen, November, optimistic, percent, Rate Cap, rates, Rdquo, Rdquo The Company, Rdquo The Company Said, reforms, Report:, Restructuring Plan, Said The Goal, Saigon, securities, Securities Commission, Securities Company, state, State Securities, State Securities Commission, stock, Stock Market, system, Te Saigon, Thanh, Thanh nien, That The Government, The Banking, The Banking System, The central, The central bank, The company, The Company Said, The Deposit, The Deposit Rate, The first, The Goal, The government, The Investors, The market, The report, The Report Said, The state, The State Securities, The State Securities Commission, The stock, The Stock Market, The vietnam, The year, There Are Still, Thoi Bao, Thoi Bao Kinh, Too Hopeful, Viet Capital, Viet Capital Securities, Viet Capital Securities Company, Vietnam
Posted in Business | Comments Off
November 8, 2011
Vietnam’s bonds declined on signs bank demand for the securities is weakening. The dong was stable. Vietnam’s bonds declined on signs bank demand for the securities is weakening. The dong was stable. The State Treasury sold a total of VND1.1 trillion ($52.4 million) of three-year and five-year notes on Nov. 3, less than the [...]
Tags: According, Bank Demand, Bank Demand For, Bank Demand For The, Bloomberg, Bonds, Bonds Declined, By Bloomberg The, demand, Demand For The, Demand For The Securities, Dong Was Stable, Five Year, For The Securities, Is Weakening The, Is Weakening The Dong, Little Changed, On Signs Bank, On Signs Bank Demand, Per Dollar, securities, Signs Bank, Signs Bank Demand, Signs Bank Demand For, The Dong, The Dong Was, The Dong Was Stable, The Securities, Vietnam, Weakening The Dong, Weakening The Dong Was
Posted in Business | Comments Off
November 5, 2011
Five times since 2003 the Securities and Exchange Commission has accused Citigroup Inc.’s main broker-dealer subsidiary of securities fraud. On each occasion the company’s SEC settlements have followed a familiar pattern. Citigroup neither admitted nor denied the SEC’s claims. And the company consented to the entry of either a court injunction or an SEC [...]
Tags: accused, Accused Citigroup, Accusing, Accusing Citigroup, agency, America, asked, Asked Ldquo, Barring, billion, breaking, Breaking The Same, Breaking The Same Laws, Citigroup, Citigroup Agreed, commission, company, complaint, court, Court Injunction, fraud, Future, Future Violations, He Asked, He Asked Ldquo, Injunction, Jonathan Weil, Last month, Ldquo, Legal Standard, Legal Standard Rakoff, million, Million Fine, month, Of Breaking The, Of Breaking The Same, order, orders, Prior, Rakoff, Rdquo, Same Laws, Same Section, securities, Securities Fraud, settlement, settlements, Simply, standard, Standard Rakoff, That The Sec, The Agency, The Commission, The company, The Law, The Prior, The Public, The Same Laws, The Same Section, The Sec, The Securities, To Enforce The, violations
Posted in Life in Vietnam | Comments Off
September 16, 2011
Ho Chi Minh City Securities Corp., Vietnam’s second-biggest brokerage by market share, expects its advisory business to grow as much as two-thirds as overseas and local companies tap into the nation’s rising consumer spending. The securities firm, also known as HSC, typically has 30 to 35 advisory deals ongoing per year, Chief Executive Officer [...]
Tags: Advisory, biggest, Biggest Brokerage, Borrowing Costs, Businesses, capital, Capital Rdquo, Capital Rdquo Nyvene, Capital Rdquo Nyvene Said, Chi minh, Chi minh city, Chi Minh City Stock, City Stock, City Stock Exchange, Cj Cgv, consumer, Consumer Related, Country, Government, growth, Ho Chi, Ho Chi Minh, Ho Chi Minh City, Hsc Was The, investment, Ldquo, market, Masan, Masan Consumer, media, Media Co, Megastar, Megastar Media, Minh city, Minh City Stock, Minh City Stock Exchange, Nyvene, Nyvene Said Ldquo, percent, Percent Stake, Rdquo, Rdquo Nyvene, Rdquo Nyvene Said, Rdquo Nyvene Said Ldquo, Said ldquo, second, Second Biggest, Second Biggest Brokerage, securities, stock, Stock Exchange, The Consumer, The Consumer Related, The country, The government, The Ho, These Businesses, This year, Vietnam
Posted in Business | Comments Off
August 31, 2011
The American International Group (AIG) building is seen in New York's financial district March 16, 2009. Top Bank of America Corp lawyers knew as early as January that American International Group Inc was prepared to sue the bank for more than $10 billion, seven months before the lawsuit was filed, according to sources familiar with [...]
Tags: 10 Billion, According, agreement, America, America Shares, American international, American international group, Amp Co, And Regulatory Matters, August, Backed Securities, Bank Executives, banks, billion, cases, claims, Corporation Finance, director, Disclose, Disclosing, Disclosure, disclosures, discuss, estimates, Familiar With The, Familiar With The Matter, Filed, filing, finance, financial, Finger, For More Than, Future, Future Legal, Generally, Generally And Not, Goldman, Goldman sachs, group, Group Inc, Including, information, International group, investors, large, lawsuit, Lawsuit Was Filed, lawsuits, lawyers, Legal, Legal Costs, Legal Liabilities, Legal Loss, Legal Loss Estimates, Legal Proceedings, Legal Threats, Legal Threats That, Liabilities, Litigation, loans, Loss Estimates, losses, Losses Are Reasonably, management, material, matters, Merrill Lynch, months, Morgan stanley, mortgage, Mortgage Backed, Mortgage Backed Securities, New york, Not Fruitful, Of America And, Of America Shares, Of Corporation Finance, On Whether Losses, On Whether Losses Are, people, potential, proceedings, publicly, quarterly, Quarterly Filing, Reasonably, Regulatory, Regulatory Matters, Reuters, Sachs, Said Bank, securities, Set Aside, shares, sources, Sources Familiar, Sources Familiar With, Sources Familiar With The, spent, Than 10, The Agency, The Agreement, The bank, The Bank Said, The Day, The Disclosure, The Insurer, The largest, The Lawsuit, The Lawsuit Was, The Lawsuit Was Filed, The Litigation, The loans, The Matter, The Mortgage, The people, The People Said, The Sec, Threatened Litigation, threats, To Discuss The, Top Bank, Us Banks, Wells Fargo, Whether Losses, Whether Losses Are, Whether Losses Are Reasonably, With The Matter
Posted in International | Comments Off
August 3, 2011
An investor smiles as she walks past screens showing stock information at a brokerage house in Wuhan, Hubei province June 24, 2011. China is considering a proposal to create a ministerial-level body to manage its state-owned banks and non-bank financial enterprises, two sources with knowledge of the plan said, a move that would strengthen Beijing’s [...]
Tags: And Insurance Regulators, banking, Banking Regulatory, Banking Regulatory Commission, Banking Securities, Banking Securities And, Banking Securities And Insurance, banks, Beijing, biggest, Central, China, China Banking, China Banking Regulatory, China Banking Regulatory Commission, Chinese, Come Under The, commission, Commission And The, controlled, Corp The Country, Country, financial, Financial Industry, Financial institutions, Financial Regulators, Financial Sasac, Financial Sasac Would, Financial Sector, firms, Government, institutions, insurance, Insurance Regulators, Lenders, lending, New Ministry, New Regulator, owned, Owned Firms, Regulator, regulators, Regulatory, Regulatory Commission, Regulatory Commission And, Regulatory Commission And The, Said The Sources, Sasac, sector, securities, Securities And Insurance, Securities And Insurance Regulators, sources, Sovereign Wealth, Sovereign Wealth Fund, state, State Controlled, State Owned Firms, State-owned, The Banking, The Banking Securities, The Banking Securities And, The China, The China Banking, The China Banking Regulatory, The country, The financial, The Financial Sasac, The government, The Heads, The new, The New Ministry, The Plan, The Sources, The Sources Said, To Come Under, To Come Under The, Under The Plan, Wealth Fund
Posted in International | Comments Off
July 24, 2011
The Vietnamese stock market is undergoing a prolonged slump When the Ministry of Finance issued a new circular to ease stock trading restrictions on June 1, investors and experts welcomed it, saying it would improve liquidity and market transparency. But with Circular 74 to take effect soon, on August 1, securities companies worry that the [...]
Tags: accounts, billion, Billion This Year, brokerages, Chi minh, Chi minh city, Circular, companies, different, Different Brokerages, General director, Giang, Have Multiple, Have Multiple Accounts, Ho Chi, Ho Chi Minh, Ho Chi Minh City, investor, Investor Confidence, investors, Ldquo, losses, market, Minh city, multiple, Multiple Accounts, New Circular, Nien Weekly, No Investor, No Investor Confidence, Prolonged Slump, Rdquo, securities, Securities companies, shares, stock, Stock Market, Thanh, Thanh nien, Thanh Nien Weekly, The economy, The Ho, The new, The vietnamese, The Vietnamese Stock, The Vietnamese Stock Market, This year, To Check The, trading, Vietnamese Stock, Vietnamese Stock Market
Posted in Business | Comments Off
July 3, 2011
Citigroup has become one of the first foreign financial institutions to invest in a Vietnamese securities firm. Citigroup announced Friday that it has acquired a 9.9 percent stake in Vietnam’s Horizon Securities Corporation, becoming one of the first foreign financial institutions to invest in a local securities firm. The investment, subject to regulatory approval, will [...]
Tags: Asia-Pacific, capital, Capital Group, Financial institutions, Firm Citigroup, First Foreign, First Foreign Financial, First Foreign Financial Institutions, Foreign, Foreign Financial, Foreign Financial Institutions, Horizon, Horizon Capital, Horizon Capital Group, Horizon Securities, invest, Ldquo, market, markets, Of Horizon Capital, Of Horizon Capital Group, Of The First, Of The First Foreign, Rdquo, Said ldquo, securities, Securities Firm, The first, The First Foreign, The First Foreign Financial, The vietnamese, Vietnam, Vietnamese
Posted in Business | Comments Off
