Highlights
Big spenders: Brazilian tourists take NYC by storm
Hong Kong IPOs: back with a whimper
Mexican growth: don't panic yet
Zenith Bank makes its own way
Chart of the Week: woes of Malaysia’s exporters

Tag: Goldman Sachs

Goldman in Malaysia: know your client

May 2, 2013 10:56am by Paul J Davies
Share
Share this on

So, your reputation has taken a battering in recent years and you’re now just about out of the spotlight. And, even if you’re not deeply loved, at least most people have got bored of calling you the Vampire Squid.

What do you? A: Try to ensure you do everything you can to keep your nose clean and stay away from controversy? Or B: Take on what looks like a highly lucrative private bond deal for a government-linked entity in Malaysia, barely a month ahead of what is expected to be the closest fought election since elections began in the late 1950s.

If you’re Goldman Sachs, the answer is… B! The question is: why? Continue reading »

Tags: , , Posted in Asia, Malaysia |

Ousted head of Libyan Investment Authority speaks out

Apr 8, 2013 3:39pm by Chris Wright
Share
Share this on

The departing chairman and chief executive of the Libyan Investment Authority has said he was about to appoint lawyers to seek compensation from banks including Société Générale and Goldman Sachs – banks he has accused in the past of causing losses worth billions of dollars.

In a wide-ranging interview published in Euromoney magazine, Mohsen Derregia (pictured), who is being ousted from the LIA after just 11 months in the top job, speaks passionately about his removal – which he is challenging – and the importance of the approximately $60bn sovereign fund. Continue reading »

Tags: , , , Posted in Africa, Libya |

Goldman ICBC offer: sell signal?

Jan 28, 2013 4:27pm by Stefan Wagstyl
Share
Share this on

A sign, perhaps, that the recent Chinese equities rally is running out of steam?

It emerged on Monday that Goldman Sachs has launched the sale of another slice of its stake in Industrial and Commercial Bank of China. According to Reuters and Bloomberg, the US investment bank is offering about $1bn-worth of Hong Kong-listed ICBC shares at HK$5.77 each, a discount of 3 per cent to Monday’s close. Continue reading »

Tags: , , Posted in Asia, China |

1MDB of Malaysia’s $1.75bn bond: one puzzle wrapped up in another

Jul 2, 2012 4:20pm by Camilla Hall
Share
Share this on

The ingredients were always going to be interesting…

  • Ananda Krishnan, or AK, one of Malaysia’s richest tycoons: check.
  • 1MDB, a Malaysian sovereign wealth fund: check.
  • Goldman Sachs: check.
  • Sheikh Mansour-led Ipic of Abu Dhabi: check.

When 1MDB issued what has been touted as Asia’s biggest sole-led dollar-bond sale ex-Japan in May, it almost slipped under the radar. The issue was never meant to be made public but somehow it flicked up on bankers’ screens, sparking caustic commentary. Part of that, no doubt, was sour grapes. But some intriguing questions remain unanswered. Continue reading »

Tags: , , , , , Posted in Asia, Malaysia |

Goldman in India’s biggest ever commercial real estate deal

May 24, 2012 10:37am by Neil Munshi
Share
Share this on

Goldman Sachs is going big in India. The investment bank has signed the biggest commercial real estate lease in the country’s history.

Goldman is to lease 1m sq ft of office space in Bangalore, India’s IT capital, to house its 4,000 employees working on its back-end processes – from technology to finance – in three purpose-built buildings that will be ready in 2017. Continue reading »

Tags: , , , Posted in Asia, India |

BB: time to register

Dear beyondbrics readers,

After more than three years of fully open access, we are taking the step of asking our readers to register on FT.com to read our articles. Beyondbrics will still be free but we'd like to know a bit more about you, our readers. Other FT blogs (including Alphaville) already do the same thing. Registration is active on beyondbrics from May 6.

Many of you are already registered on FT.com, or are subscribers - in which case, if you are logged in to the site you will not notice any difference. Just carry on as before.

For those of you not yet registered, it's a simple process which only takes a few moments.

Reading beyondbrics articles will NOT deduct from your free monthly quota of stories on FT.com.

Many thanks

Stefan Wagstyl, emerging markets editor

Global equities macromap

beyondbrics

The emerging markets hub

About this blog Headlines email Blog guide
News and comment from more than 40 emerging economies, headed by Brazil, Russia, India and China.



'Like' our beyondbrics Facebook page, where we showcase a top story of the day
Sign up for our news headlines and markets snaphot service. We have two emails per day - London and New York headlines (sent at approx 6am and 12pm GMT).

Pretty much everything you need to know about beyondbrics is in our About this site page. But briefly:

To comment, please register for free with FT.com and read our policy on submitting comments.

There is an overall beyondbrics RSS feed, as well as feeds for all our countries, tags and authors. Learn more in our full RSS guide.

All posts are published in UK time.

Get in touch with us - your comments, advice and even complaints. Find out how to contact the team.

See the full list of FT blogs.

BB shortcuts

Regulars Series Archive
Chart of the week
Behind the numbers

Corporate watch
A regular in-depth look at a significant emerging market-based company

The Weekender
Catch up with the week in emerging markets
Hello 2013
Guest posts on the outlook for the year ahead

2012 review
Quiz, charts, most read and more

BB review
An occasional series reviewing books and arts from around the beyondbrics world

Brics at 10
A decade of growth
12 for 2012
Guest writer predictions
2011 review
The year in numbers
The Diaspora Digest
EM diasporas, seen through their community media (Oct-Nov 2011)
Sick brics (Sep 2011)
Brics and mortar (Aug 2011)
Beyondbrics on the beach (Jul-Aug 2011)
China bubble? (June 2011)
Post-election Nigeria (June 2011)
Hey bric spender (Aug 2010)

Emerging markets data

Archive

« AprMay 2013
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031