Australia’s markets regulator has sued HSBC for its alleged failure to protect customers from scams resulting in multi-million dollar losses. The Australian Securities and Investments Commission (ASIC ...
A private wealth management veteran, formerly working at Pictet, will join Bank of Singapore’s board of directors. Tee Fong Seng will become a member of the board of directors at Bank of Singapore, ...
Singapore-based UOB has announced the promotion of a corporate banker to become the group’s chief financial officer. UOB has appointed Leong Yung Chee as group chief financial officer (CFO), according ...
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The Deputy CEO steps down as four new senior appointments are made. The Hong Kong Stock Exchanges and Clearing (HKEX) announced several senior management appointments on Friday that seem to presage a ...
Hong Kong has successfully attracted the Philippines’ Khos, who run a 40-year conglomerate, to set up a family office in the city. The Kho family from the Philippines has set up a family office in ...
Baltimore-based T. Rowe Price has announced an internal promotion to the role of head of APAC consultant relations. T. Rowe Price has promoted Cassandra Crowe to head of Asia Pacific consultant ...
Hong Kong’s banking regulator fined a local unit of CITIC over violations of anti-money laundering rules. The Hong Kong Monetary Authority (HKMA) has imposed a penalty of HK$4 million ($510,000) ...
The investment management arm of US-based Prudential Financial has announced the appointment of a Southeast Asia head. PGIM Investments has appointed Brenda Leow as head of Southeast Asia, according ...
The Singapore-based boutique asset manager appoints JC Chong to help meet the demand for independent wealth management services. Paragon Capital Management (PCM), a Singapore-based boutique asset ...
The city-state's regulator forces the US-based institution to cough up a civil penalty related to relationship managers overcharging clients on over-the-counter bond trades. The Monetary Authority of ...
Paragon Capital Management CEO Paul Lee spoke to finews.asia about the advantages of external asset managers for clients and relationship managers, highlighting alignment between the two via fee-based ...