Feb 15 The following corporate finance-related
stories were reported by media on Friday:
* JPMorgan Chase & Co's global head of equity
proprietary trading has quit the investment bank to set up a
hedge fund in Switzerland, the Financial Times reported.
* Japanese financial services firm Orix Corp will
buy Dutch asset manager Robeco from its owner Rabobank
for about 240 billion yen ($2.58 billion)in a cash and stock
deal, sources familiar with the matter said on Friday.
* Abu Dhabi's Aabar Investments has begun talks
with lenders about refinancing a $2 billion loan due to mature
in May, three banking sources told Reuters.
* Indian life insurance companies HDFC Life, Birla Sun Life
and ICICI Prudential have shown interest in purchasing HSBC's
stake in its insurance joint venture with Indian banks
Oriental Bank of Commerce and Canara Bank,
the Economic Times reported.