Major property developer New World Development and numerous lenders in Hong Kong are attempting to complete a historic corporate financing deal. New World Development (NWD) and more than 50 banks in ...

Will global trade settle and achieve peace? Will the US sign a lasting deal with China and other major economies? Uncertainty lies ahead but former WTO director-general Pascal Lamy believes that ...

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 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 ...

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 ...

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 ...

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 ...

The Singapore unit of insurer Prudential has announced two C-suite appointments. Prudential Singapore has appointed Jackie Chew as chief operations officer, according to a LinkedIn post. She has been ...

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 & ...

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.