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Lombard Odier expands Asia footprint with Japanese ally

By: Pedro Goncalves | 20 Aug 2018

Mizuho Securities in Singapore, part of Japan’s Mizuho Securities, has signed a cooperation agreement Lombard Odier for wealth management services in Asia. The partnership is the first…

Gibraltar-headquartered Sovereign obtains new Hong Kong licences

By: Pedro Goncalves | 20 Aug 2018

Sovereign Group is among the first companies in Hong Kong to secure a licence under the new regime for trust and company service providers (TCSPs). Under the…

Industrial Bank Co launches new Hong Kong private banking business

By: Pedro Goncalves | 17 Aug 2018

Industrial Bank Co. Ltd, one of China’s largest banking groups with total assets of CNY6.09trn, has teamed up with Avaloq to provide a comprehensive solution for its…

Hong Kong tightens rules for financial advisers

By: Pedro Goncalves | 16 Aug 2018

Starting this next Friday, all distributors and financial advisers operating in Hong Kong will be required to disclose all non-quantifiable monetary benefits that they get from the…

Macau revokes 13 offshore permits in first half of 2018

By: Christopher Copper-Ind | 15 Aug 2018

The Monetary Authority of Macao (MAM) has revoked offshore authorisation for 13 companies in the first half of this year, with no new offshore permits being provided…

Australian expats pick Singapore as best place to live

By: Pedro Goncalves | 15 Aug 2018

Australian expats hailed Singapore as the best country to live even as it stands as one of the most expensive places for expats in the world, with…

BNP Paribas Wealth Management loses China market boss

By: Pedro Goncalves | 14 Aug 2018

BNP Paribas Wealth Management has lost its China market head as Alfred Tsai is expected to join a boutique private bank. He joined BNP Paribas as head…

Columbia Threadneedle hires new head of institutional for Australia

By: Pedro Goncalves | 14 Aug 2018

Columbia Threadneedle Investments has appointed Glen Giddings, head of institutional, Australia and New Zealand. Giddings will be responsible for developing the $663 billion fund manager’s institutional business…

Standard Chartered expands South Asia team with new hires

By: Pedro Goncalves | 13 Aug 2018

Standard Chartered Private Bank has strengthened its South Asia presence with eight new hires for its Global South Asian Community (GSAC) team. Murtaza Gilani joins as senior…

Singapore’s life insurance industry sees 20% rise in new business

By: Pedro Goncalves | 13 Aug 2018

The life insurance industry in Singapore reported a 20% on-year increase in new business premiums for the first half of this year to reach a total of…

Switzerland forced to share information on HSBC Indian clients

By: Pedro Goncalves | 10 Aug 2018

Switzerland’s Supreme Court has ordered the country’s authorities to turn over information on HSBC accounts with the Indian government regarding two of its citizens. Both clients had…

Aberdeen Standard hires Hong Kong boss in growth bid

By: Pedro Goncalves | 09 Aug 2018

Aberdeen Standard Investments has poached a new head in Hong Kong as the Scottish asset manager wants to tap into the growing number of assets flowing in…

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