falcon private bank to exit from hong kong
Abu Dhabi owned Swiss wealth management boutique Falcon Private Bank is to exit from its Hong Kong operations and shift focus to the Middle East, Africa and Eastern Europe.
Asia
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ashmore granted licence to invest in china
Ashmore has become the first fund manager outside of Hong Kong to receive a licence which will allow it to invest in Chinas domestic securities market.
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infinity financial founding director blair
One of the three founding directors of the Asia-based Infinity Financial Solutions advisory group has left the business and sold all her shareholdings in all of the Infinity companies to the two remaining directors and fellow founders.
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alternatives steadily luring cash from
Investor appetite for alternative investments has steadily increased over the past few years, led by greater allocation towards the asset class by institutions, according to new research.
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ocbc bank in exclusive talks to buy wing hang bank
Singapore’s OCBC Bank is bidding to buy Hong Kong-based Wing Hang Bank in a move that would give it a greater share of the Chinese market.
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manulife completes maakl mutual buy
Manulife Holdings Berhad, a part of Canada-based Manulife Financial has completed the acquisition of MAAKL Mutual Bhd following the receipt of regulatory approval.
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jigsaw wm enhances business offering
Jigsaw Wealth Management has merged with Globaleye’s Singapore operation.
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thai stock exchange unveils plan
The Stock Exchange of Thailand has unveiled a three-year plan that would see it allow foreign companies to list for the first time, as part of a plan to become a major regional player.
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singapore stop cold calling register ups numbers
Around 400,000 numbers were registered on the Do-Not-Call registry by 4pm today, the Personal Data Protection Commission has revealed.
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singapores javelin acquires fund manager
Javelin Wealth Management is to acquire the fund management business of Binjai Hill Asset Management, a local asset manager, as it looks to increase its service offering.
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hong kong the march to the east
Financial advisory firms in China’s Special Administrative Region are hiring‚ as Western businesses continue to establish bases in the region‚ and look to promote their services into China and the rest of Asia
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Standard Life sets up Asia advisory board
Standard Life has established an Asia advisory board to provide guidance and advice on its strategy to grow across the region.