Senior executives of global systemically important financial institutions (G-SIFIs) have shown a high degree of awareness regarding the importance of improving risk governance and risk culture following the 2008 global financial crisis, according to a new report.
RHB Investment Management Sdn Bhd, a subsidiary of RHB Investment Bank, which completed its merger with OSK-UOB Investment Management Berhad on 1 December, is eyeing expansion into Asean and Greater China regions.
Citibank (M) Berhad has entered into an agreement with CIMB-Principal Asset Management Malaysia, becoming the first foreign bank in the country to distribute private retirement scheme solutions.
Financial advisers, brokers and others with products and services to sell in Singapore are altering their business models ahead of the launch of a “Do Not Call Registry” in the city-state.
The Singapore Exchange and Thomson Reuters have launched a suite of Singapore dollar bond indices.
City Financial Investment, a London-based independent investment manager, has named Philip Kay to head up its Asia operations.
Standard Chartered Bank is facing an investigation by the police and regulators in Singapore, after the February 2013 account statements of some 647 its private bank clients were stolen.
Two of Hong Kong’s ‘big four’ banks are “said to be reviewing their policies on the sale of investment-linked assurance schemes” with a view to promoting them more actively, in one case, and resuming their sale in the other, a Hong Kong daily is reporting.
BNY Mellon, which recently received a capital market services licence from the Singaporean regulator, has expanded its separately managed account business in the city-state.
The Royal Bank of Scotland is to repurchase Lehman Brothers-backed equity-linked notes from investors, after reaching an agreement with Hong Kong’s Securities and Futures Commission and the Hong Kong Monetary Authority.
Macquarie Investment Management, part of Macquarie Funds Group, has completed the acquisition of ING Investment Management Korea from ING Group.
From 1 January next year providers seeking regulatory approval to launch new products, including ILAS, in Hong Kong will have only six months to complete the application process before data has to be re-submitted and they lose their application fee.
