Swiss bank fined HK$400m for overcharging on fees
Some 5,000 client accounts in its Hong Kong wealth arm were affected
Asia
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Allianz buys €800m stake in Chinese life insurer
The shares will be sold by Goldman Sachs
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PEOPLE MOVES: Phoenix Group, Sesame Bankhall, Aviva
Consolidator CEO to step down, as UK financial services firm makes managerial changes
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Singaporeans offered life insurance calculator
To help them understand the gap between their current coverage and protection needs
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Singapore life sector reports 4% dip in sales
Despite insuring S$1.3bn more than in 2018
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Critical illness cover on the agenda for Hong Kong life firm
As clients struggle with rising healthcare costs
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Singapore robo-advice firm adds human touch
In a bid to challenge expensive wealth managers
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Singapore bank rolls out virtual wealth management accounts
As Investors Trust launches marketing solution for financial advisers
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Spanish properties next on wish list for Hong Kong’s wealthy
Investor may be allowed to gain permanent residency by buying property worth €500,000
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PEOPLE MOVES: Kleinwort Hambros, HMRC, Unicredit
Director of private banking joins wealth manager and UK taxman names chief executive
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M&A triple for global financial advice sector
AFH, Morningstar Australasia and Zedra all complete acquisitions
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US recoups $1bn in assets associated with 1MDB
Country will ‘not be a safe haven for the proceeds of corruption’