British asset manager aberdeen Investments has hired a former executive from J.P. Morgan in Singapore. Thong has 15 years of experience, most recently at J.P. Morgan Asset Management where he held ...

London-based Schroders has rejigged the local leadership in Asia Pacific, following the promotion of its regional head. Schroders promotes Chris Durack, head of APAC, and Karine Szenberg, head of ...

Family offices globally further reduced cash holdings in the second quarter of 2024 to add allocations to both fixed income and equities, according to a report by Citi Private Bank. The US Federal ...

A former executive of the now-defunct Credit Suisse has joined the Royal Bank of Canada in Singapore. Steven Fong has joined RBC’s Singapore office as executive director and head of investment & ...

The private banking unit of J.P. Morgan has added an investment veteran to join its Hong Kong office. J.P. Morgan Private Bank has appointed Wayne Bowers as managing director and head of institutional ...

Who Are the Bankers Charged in Singapore’s AML Case? Former bankers Wang Qiming and Liu Kai are the latest charged in Singapore’s headline money laundering case. The two were reportedly ambitious ...

China continues opening up its financial sector to foreign entrants, this time to two insurers from France and the US. Mainland China has approved the establishment of a joint venture between BNP ...

A 28-year asset management veteran has joined New York-headquartered Neuberger Berman’s Singapore office to lead intermediary sales in the region. Ho has nearly 30 years of industry experience, most ...

US-based Citibank has shifted its Shenzhen branch manager to Hong Kong to take on a new role. Citibank has appointed Janus Wu as head of international personal bank (IPB) for Hong Kong, according to a ...

Hong Kong’s regulator has fined insurance giant AIA’s local branch over anti-money laundering lapses. AIA was fined HK$23 million ($3 million) following an on-site inspection of its Hong Kong branch ...

Singapore-based multi-family office WRISE has launched a new business unit that will provide corporate advisory services. WRISE has launched WRISE Capital – a new core business unit that will provide ...

Swiss-listed Youngtimers has expanded into Australia with the acquisition of an asset manager that invests on behalf of large institutions, family offices and high net worth individuals.