Sustainable investing on the rise with Asian HNWs
Standard Chartered survey finds 68% of investors want to help create a better future through ESG
Standard Chartered survey finds 68% of investors want to help create a better future through ESG
Automation cuts admin for clients and their tax advisers
Standard Chartered names Singapore chief, Columbia Threadneedle veteran retires and Carrick Wealth promotes managing directors to head Africa business.
The Monetary Authority of Singapore (Mas) has fined Standard Chartered S$6.4m (£3.5m, $4.9m €3.9m) for breaches to anti-money laundering and countering the financial of terrorism following the transfer of trusts from Guernsey.
A former private banking head at Standard Chartered Bank in China has been charged by Hong Kong’s Independent Commission Against Corruption (ICAC) this week with accepting a bribe.
Vam’s new group development director comes with strong Zurich credentials, while Standard Chartered has rejigged its management team after a member announced her retirement and Sanlam UK has added a portfolio manager to its London office.
Standard Chartered is under investigation in Guernsey and Singapore over a $1.4bn (£1.07bn €1.2bn) transfer of funds.
Goldman Sachs and Manulife have both made significant hires in Asia, while Standard Chartered has appointed a fresh private banking Emea head.
HMRC’s most senior tax professional is to retire, while Deloitte has poached a senior commissioner from the US Internal Revenue Service, and Standard Chartered Private Bank has hired two veteran private bankers in Asia.
A fintech accelerator programme, Super Charger, has teamed up with Standard Chartered Bank and Allianz to help foster and develop Malaysia’s fintech market.
Zurich Insurance Group reported a double-digit pick-up in growth of its life business across the Asia Pacific region during the second quarter, which helped to offset falling sales in parts of Europe, Middle East and Africa.
Zurich Life International has signed an “exclusive” 10-year distribution agreement with Standard Chartered in the United Arab Emirates (UAE).