NAB agrees to sell wealth arm for A$1.4bn
It will continue to offer targeted wealth management products and services through JBWere and Nabtrade
Asia
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Singapore toughens work rules for expats
As it seeks to cut the number of foreigners amid unemployment woes
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Credit Suisse discovers fraud in wealth management arm
It reportedly led to a loss of CHF10m
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PEOPLE MOVES: Matthews Asia, India Capital Growth Fund, FOS
Investment firm announces departure of three managers, as fund names board member
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Hong Kong regulator bans relationship manager for life
Over a year after he was convicted of fraud
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Vanguard exits Hong Kong
Firm has ‘future aspirations’ in Asia to serve Chinese individual investors in mainland China
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AMP faces sexual misconduct allegations
As former female employee turns to an Australian senator for help
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Cyprus under fire after it sold passports to criminals
Golden visas given to convicted fraudsters, money launderers and politicians accused of corruption
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PEOPLE MOVES: Schroders, Neuberger Berman, Standard Chartered
Veteran fund manager to retire, while investment management firm hires head of Emea insurance
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Blackrock wealth management joint venture in China approved
As asset manager eyes expansion in the country
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PEOPLE MOVES: Sanlam, RBC Wealth Management, Deutsche Bank
South African firm reshuffles management team, wealth manager hires executive director in Singapore
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Julius Baer partners with Chinese wealth management institute
In a bid to improve training and education in the country