DBS names Su Shan Tan as head of consumer banking
DBS has promoted Su Shan Tan, currently head of wealth management at the bank, to the role of group head of consumer banking / wealth management as of 15 April.
DBS has promoted Su Shan Tan, currently head of wealth management at the bank, to the role of group head of consumer banking / wealth management as of 15 April.
Hong Kong's Securities and Futures Commission (SFC) has published conclusions on its proposals to enhance the regulatory framework for electronic trading - with a new regime to come into effect on 1 January 2014.
Taiwan now stands as the fourth-largest RMB offshore centre, out of 136 countries exchanging RMB payments, according to SWIFT's latest RMB Tracker.
Hong Kong's securities regulator has banned relationship manager Selina Tsang Siu Kam from re-entering the industry for two years.
Northern Trust, in conjunction with MSCI ESG Research and Institutional Shareholder Services, has launched the first emerging markets custom index and fund with Environmental, Social, and Governance (ESG) screens.
International advisory firm The Henley Group has created the Henley Fair Index in response to the Monetary Authority of Singapore's (MAS') Financial Advisory Industry Review (FAIR).
Hong Kongs securities watchdog has obtained orders in the High Court to disqualify Andy Wong Shu Wing, former chairman and executive director of Sunlink International Holdings, and Lee Chak To, former financial controller and company secretary.
Investment management companies running on legacy IT systems must increase operations budgets to become more competitive and profitable, according to a new report by SimCorp StrategyLab.
ABN AMRO Private Banking said it plans to build on its previous overweight equities position, while it expects gold to continue to decline. It also foresees the US dollar strengthening.
Pacific Sun Advisors Limited and its director Andrew Pieter Mantel have been acquitted for issuing advertisements to promote promoting a collective investment scheme in Hong Kong
Hong Kong's securities regulator has issued a Restriction Notice to trading firm Salisbury Securities, barring it from carrying out certain regulated activities and from dealing with client assets.
The CFA Institute, along with several prominent financial industry leaders, has launched its "Future of Finance" project, a long-term global effort to shape a trustworthy, forward-thinking financial industry.
HSBC has appointed Teddy Kwong as business head, Hong Kong, within its global private banking business.
ABN AMRO Private Banking has hired Ian Pollock as head of its North Asian business.
Christian Camenzind, chief operating officer, wealth management for Asia Pacific at Deutsche Bank, will leave the firm around the middle of this year.
To ensure that Hong Kong is well-equipped to ride on the opportunity from the growing wealth in the region, several industry groups have released a “High Level Proposal of an Enhanced Competency Framework for Private Wealth Management Practitioners in Hong Kong”.
Hong Kong’s Securities and Futures Commission (SFC) has banned Calvin Ho Kei Him, a former research associate at Morgan Stanley Asia Limited from re-entering the industry between 12 March 2013 and 11 May 2014.
According to a new report by Coutts, many family businesses in Hong Kong and China are facing a number of challenges, and need to undergo significant change, as ownership and managerial responsibilities are passed on to either the next generation or to non-family members.
BNP Paribas Real Estate has launched two Asian platforms in Hong Kong and Singapore with the aim of attracting Asian investment into the European property markets.
Technology and data management solutions provider DST Global Solutions has introduced an “Intelligent Alerts” concept as part of their Anova data management solution.
Manulife Financial has appointed Philip Hampden-Smith as executive vice president and chief marketing officer for Asia.
The Indian market regulator (SEBI) has made it compulsory for compliance officers of market intermediaries such as brokers and credit rating agencies to get requisite certifications to operate in the stock markets, according to new guidelines.
The Monetary Authority of Singapore (MAS) has released a consultation paper on the recommendations of the Financial Advisory Industry Review (FAIR), which were issued in mid-January.
Hong Kong’s Securities and Futures Commission (SFC) has issued a reprimand to Manulife Asset Management, and fined it HK$24 million (US$3.1 million) for inadequate internal controls in relation to the distribution of Manulife Global Fund between 2007 and 2012.
According to around 3,500 high net worth individuals globally, digital channels play a significant part in the process of selecting an adviser.
The Hurun Global Rich List 2013, a ranking of the 1,453 individuals with personal wealth of US$1 billion or more as of mid-January, has shown that Asia is home to the highest number of billionaires.
The Hong Kong Securities and Futures Commission (SFC) has banned Du Jun, former managing director of Morgan Stanley Asia, from re-entering the industry for life.
Schroders Hong Kong has announced the launch of the Schroder International Selection Fund (ISF) Global Multi-Asset Income.
A new study by Christie’s International Real Estate, “Luxury Defined: An Insight into the Luxury Residential Property Market”, compares 10 of the world’s top property markets, and debuts the Christie’s International Real Estate Index.
Global index provider STOXX Limited has celebrated its 15th anniversary with the launch of a new blue-chip China index.