Death penalty handed to former asset manager in China
He was convicted of graft, corruption and bigamy
Asia
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BMO Financial Group sells Hong Kong and Singapore PB business
Acquirer says the deal ‘underscores the importance of the Asian market for the group’
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‘Opportunity’ for advice firms to offer repatriation services
Covid sparked a rise in number of people looking to ‘simplify’ affairs before returning to UK
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How to reform the financial advisory sector
It needs ‘overhaul’ to ‘make credible progression to close the perennial issues’ and ‘address’ gaps
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PEOPLE MOVES: LGT Vestra, SJP, Walker Crips
Chairman and founder steps down from UK firm, while chief global strategist leaves wealth manager
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Singapore advice firm eyes DFM offering
It will have an ‘advantage’ over local private banks and independent asset manager, says CEO
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Australian wealth firms merge
Deal will help the combined business become ‘future fit’ to support clients
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RBC Wealth Management bolsters alternative investment offering
As it partners with US-headquartered fintech firm
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PEOPLE MOVES: Quilter, SJP, Axa Investment Managers
Financial services giant appoints managing directors of advice, as wealth manager names chairman
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HSBC PB unveils independent asset management unit in Singapore
It will help the banking giant expand its reach ‘into this fast-growing segment’
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NAB sells its New Zealand life insurance business
As part of the deal, the bank enters into a 10-year agreement to refer its customers to the company
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PEOPLE MOVES: Aviva, Tilney Smith & Williamson, Mirabaud AM
Insurance giant names chief executive of UK & Ireland, as wealth firm makes c-suite hire