Oh, Brother

Flannery, Russell
July 2009
Forbes Asia;7/13/2009, Vol. 5 Issue 12, p50
The article focuses on the strategy applied by T.Y. Tsai to boosts investments and market value of Cathay Financial Holding Co. Ltd. It states that in 2008, Cathay Life has reported a loss of 49 million dollars which was enough to pull down the holding firm's net profit by 93% to 63 million dollars. It notes that one of T.Y.'s initiative has been to overhaul Life's investment department.


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