Standard Chartered Private Equity (SCPE) has made a long term investment in Kyobo Life Insurance (Kyobo), a leading South Korean life insurer. The purchase was made through Finventures KBL LLC, an investment company wholly controlled by SCPE, which will acquire an aggregate 5.3% stake in Kyobo from existing shareholders who are members of the company’s founding family.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.