Schroders big-wig Robin Stoakley moves on from his role as the asset manager’s head of UK intermediary business as HSBC Private Bank hires a new head for its APAC division. Rowan Dartington poaches former Brewin Dolphin sales guru as platform giant Hargreaves Lansdown appoints a new tech head.
HSBC Private Bank is to wind down its Monaco business and has signed an agreement to refer its clients to CFM Indosuez Wealth Management.
Old Mutual appoints a chairman to its board while Manulife makes a hire to its newly-created position of chief executive for client services for EMEA. HSBC has announced a raft of hires in Geneva, Zurich and Dubai while asset manager Veritas poaches its new head from UBS.
Zurich has named the chief executive of its newly amalgamated division and announced a senior departure. HSBC Private Bank’s US investment services and products solutions business has a new head, while Pimco has appointed a head of Hong Kong retail and a head of China.
Prominent figures in the asset management industry give their views on the challenges and opportunities facing the sector at International Adviser’s Fund Links Forum 2016.
Hong Kong’s Securities and Futures Commission (SFC) has banned two former HSBC employees from re-entering the financial services industry for life after they were convicted of fraud.
Changes abound in Singapore with Old Mutual Global Investors creating a new managing director role, Eastspring Investments naming a new chief executive, and HSBC Bank appointing a head of retail banking and wealth management.
Swiss wealth manager Julius Baer Group has hired several private bankers from HSBC to bolster the firm’s Latin American business, according to media reports.
Brexit has not had an impact on China’s markets, and valuations are historically cheap, according HSBC Global Asset Management.
Aviva Investors has named an interim replacement for its Asia Pacific chief executive. BNY Mellon has announced two senior investment services promotions in EMEA, while HSBC Private Bank has named a business head for North America.
Over 40% of employees of working age in Singapore, Hong Kong and the United Arab Emirates (UAE) have not yet started saving for their retirement or have stopped after facing difficulties, new research suggests.
UK chancellor George Osborne and the Financial Conduct Authority (FCA) intervened in a US investigation that could have seen Europe’s largest lender, HSBC, prosecuted for money laundering, a new report claims.
