Manulife’s president and chief executive is to retire, while Aegon has appointed a policy affairs heavy hitter to oversee the company’s government relations in Europe, the Americas and Asia. L&G has a new head of strategic business for its pension risk transfer division.
Standard Life Investments hires an ex-JP Morgan executive director, as Hargreaves chairman Mike Evans reveals he will be stepping down. Franklin Templeton poaches a key figure from Aberdeen Asset Management while DFM Beaufort has hired a new investment manager.
Asset management professionals share their views on the MSCI’s upcoming decision about whether or not to include China’s A-shares in its emerging market indices with our sister publication Fund Selector Asia.
HSBC Insurance (Singapore), the life insurance arm of the banking giant, is officially a Tier 1 insurer under rules set out by financial services regulator.
HSBC Global Asset Management is the latest exchange-traded fund (ETF) provider to join the ETF Forum, an industry body tasked with educating UK financial advisers about the passive investment products.
Stuart Gulliver, the chief executive of HSBC, may have set up a trust to test whether the UK taxman would accept he was a non-dom, according to specialist tax advice agency Mark Davies & Associates.
Former Prudential group chief executive Mark Tucker is to succeed Douglas Flint as the next chairman of HSBC after a long-running search to fill the role.
Axa Life Insurance has lost its head of international brokers in Singapore, while the private banking arms of HSBC and JP Morgan have named regional heads of various European countries.
HSBC GAM has launched a new product called the Asia High Income Bond Fund, which is said to have a balanced approach between the firm’s existing Asian bond and high yield strategy.
Hong Kong’s Securities and Futures Commission (SFC) has reprimanded, banned or taken action against 13 companies and individuals since the start of 2017, most recently banning a former HSBC adviser from re-entering the financial services sector for life.
JPMorgan Chase, HSBC and Crédit Agricole have been hit with fines totalling €485m (£409m, $521m) by the European Commission for rigging Euribor rates.
HSBC reported an 86% decline in Q3 profits having sold its Brazilian business, changed its credit spread, and faced a strengthening US dollar.
