After strong AUM growth last year, the Japanese fund house has created the role of global head of operations to better coordinate this function across its international businesses.
Published by Wealth Briefing Asia – 30th June 2017
Aviva Investors, the global asset management business of Aviva, has appointed Charles Wong as head of wholesale distribution Asia. He will be based in Singapore.
Published by Wealth Briefing Asia – 30th June 2017
In a speech this week the head of the MAS has spelled out why his organisation took the action it deed to expel banks and punish individuals over the Malaysia-linked illicit money scandal.
In the race to lure talent for global firms’ regional headquarters, Hong Kong and Singapore have long been neck-and-neck. While many companies make their managers locate in one or the other city — often depending on whether their duties focus more on Southeast Asia, or on China — others give top talent a choice.
Ajay Kanwal, who was heading Standard Chartered Plc’s South and Southeast Asian operations till November 2016, has joined private equity firm TPG as a senior adviser in Singapore.
Published by Wealth Briefing Asia – 28th June 2017
Although UBS played a lead role in Deutsche Bank’s 2014 capital raising, it was not listed as one of eight banks to underwrite its $9 billion rights issue.
A spat over poaching in Asian wealth management helped UBS lose its place in Deutsche Bank’s recent rights issue, according to the Financial Times.
BNP Paribas expects to be among the top five private banks in the Asia-Pacific in three to five years, spurred mainly by organic growth, said a top executive on Wednesday.
Singapore’s financial regulator has closed the door on a two-year investigation over 1MDB. But Swiss banks – and bankers – are by no means off the hook. finews.com looks at who is sweating more than usual this summer.
One of China’s largest state-owned lenders is to set up a fintech lab with one of the world’s largest internet and gaming companies.
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