Wealth and Asset Management

China’s $3.7 Trillion Wealth Industry Is Plagued by Sub-3% Returns

Janus Henderson aims to double AUM in Asia in five years

Wellington inks distribution deal with SCPB

Bank of Singapore on transformation drive; CEO aims to make it top Asian private bank

GBST wins 2024 IBSI Digital Banking Award for Islamic Banking & Wealth Management

UK money manager M&G eyes China partnerships to meet investor demand for diversification from mainland assets, CEO Pinto says

Executive Moves

SCB Julius Baer appoints new CEO

BNP Paribas Nets Ex-Julius Baer Banker in Hong Kong

Bank of Singapore Nets Ex-CS Hong Kong CEO

Gaw Capital Partners Announces Two Key Senior Appointments

T. Rowe Price Appoints APAC COO

Two senior exits at Deutsche Bank PB Singapore

Legal, Regulation & Compliance

Withers KhattarWong secures victory for Huttons in landmark misrepresentation case

APRA publishes new and updated FAQs on Superannuation Data Transformation

Macquarie notes conclusion of ASIC Federal Court proceedings

MAS issues Prohibition Orders against Mr Gng Hoon Hong for Dishonest Conduct

APRA and ASIC publish latest data on life insurance claims and disputes - December 2023

Maples Group Recognised as Offshore Firm of the Year Including Six Standout Asia Deals of the Year

FinTech

Nium and Kapronasia Partner to Shed Light on Cross-border B2B Payment Challenges in Asia

MUFG and Crédit Agricole complete first Chips payment in ISO 20022 format

The Aussie wealthtech firms that are 'most innovative'

SBI SECURITIES Selects Broadridge's Post-trade Solution for its Equities Brokerage Services in the UK

Hong Kong Eyes Potential Crypto Boom Via ETFs

PayPal given a special home in the NAB app

Alternative Investments

Fullerton Fund Management in Partnership with UNDP Launches Its Sustainability Management Framework for Private Equity Climate Investments

WTW launches first fund for advisers

Zurich Fintech Pioneer Becomes Adjunct Expert at Elite University in China

Singapore's Cambridge Re Buys Second Aussie Education Property in Three Months

New universal life plans gain ground as Singapore insurers woo the rich

Group of trusts issuing new shares despite industry discounts widening

Tax

HK Budget 2024-25: A Closer Look at the Tax Reforms

Hong Kong to enhance family office tax breaks

Singapore Budget 2024: Extension and Refinement of Singapore Fund Tax Incentive Schemes

SMSFA prepares delegates for major super tax reform

Fidinam Moves Office in Shanghai and Expands Team

House taxwriters approve US-Taiwan tax pact

Comment, Analysis & Research

Monaco Woos GBA Family Offices

UBS Shrinks China Fund Unit

China - Quarterly GDP growth up as expected, March data disappoint

Asia Pacific saw largest y-o-y decline in fintech funding in 1Q2024: S&P Global Market Intelligence

Singapore investors remain active, and excited about AI and structural themes

Evolving the Platform and Proposition: Enhancing the Client Experience in Philippine Wealth Management

Retail Banking

Goldman eyes local banking licence to grow ultrarich lending business

Westpac enables open banking for brokers

Regional banks dying a slow death

HSBC Kicks Off Major Summit in Hong Kong

DeFi Meets TradFi: Hong Kong's ZA Bank Targets Stablecoin Issuers

Brunei Darussalam Central Bank and Bank of the Lao PDR Formally Join the Regional Payment Connectivity Initiative

Investment Bank

Julius Baer Relocates Singapore Office

Nomura Announces Group Purpose

More India Banking Expansion Expected in 2024

Wealthy clients turn to HSBC, Manulife, Bank of China amid heightened interest in Hong Kong’s cash-for-residency scheme

Hong Kong Bankers Beat Singapore in Pay

Japan's Mizuho hunting for deals to bolster asset management business

Planet SOS

ESG comes to the fore for asset managers’ voting

Climate reporting and greenwashing: What small businesses need to know

Lombard Odier, Kaskikornbank Cooperate on Sustainability

Japan stakes its future on climate innovation to help Asia become greener

Singapore Launches Sustainable Finance Association

ASX selected to develop local carbon exchange