The Indonesian government has pledged to continue to target taxpayers who failed to repatriate their foreign wealth during the country’s tax amnesty programme.
ZURICH • Just when he thought the worst was behind him, Mr Tidjane Thiam is facing another potential blow to a turnaround plan that is less than two years old.
Published by Wealth Briefing Asia – 27th March 2017
HSBC is planning to add up to around 1,000 new employees at its Chinese wealth management and retail banking arm this year, predominantly in the Pearl River Delta, according to a media report.
Published by Wealth Briefing Asia – 23rd March 2017
A senior figure in Asia’s private banking world has taken up a Hong Kong-based role for Standard Chartered, having previously worked at Bank of Singapore, this publication can exclusively reveal today.
Published by Asia Asset Management – 23rd March 2017
Anthony Fasso, currently AMP Capital director, Asia, and global head of portfolio strategy based in Hong Kong, has expressed a desire to return home to Australia after 23 years in the region, including seven with AMP Capital. He will retain his portfolio strategy responsibilities and will remain on the AMP Capital leadership team, based in Melbourne. In this role, he will continue to focus on opportunities to accelerate AMP Capital’s growth through targeted mergers and acquisitions.
Global asset manager BlackRock will see its Asia Pacific Real Estate Research head Michael Klibaner leave the firm this June after working for two years at the firm.
A summary of the most recent hires in Asia’s wealth management hubs of Singapore and Hong Kong by major banks and financial services firms.
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