Managers of Wealth Asia Pacific

BSP warns vs Global Investment Bank

The bank regulator in a statement Thursday warned the public against the unauthorized banking activities of GIB or GBPL in the country.

Singapore banks still hiring, bucking global firing trend

Top recruiting firms say the three local banks - DBS, UOB and OCBC - stand on strong fundamentals and are not expected to resort to the drastic staff reduction measures taken by many big global lenders.

13 banks vie for Myanmar banking licences

The CBM closed applications on Monday and the winners will be announced next month.

P-Noy OKs Landbank, DBP merger

In his Executive Order 198, Aquino also approved the increase in Landbank’s authorized capital stock from P25 billion to P200 billion.

Bangko Sentral raises red flag vs. Global Investment Bank

GIB has no Certificate of Authority to operate as a bank in the Philippine and is not licensed to accept deposits

UK weighs in on Malaysia's 1MDB state fund as it launches own investigation

It is alleged that RBS Coutts in Zurich, which is owned by RBS, is one of the banks that had transferred the state fund's money out of Malaysia.

Philippines Lifts 17-Year Ban on Bank Licenses to Lure Investors

The second phase will start in January 2018, when all restrictions on granting new licenses will be fully lifted

Corona asks court to quash subpoenas for German bank execs

Corona and his wife are facing a P130-million civil forfeiture case before the Second Division, which stemmed from their alleged misdeclaration of assets from 2001 to 2011.

ASIC ready to launch rate-rigging case against ANZ

The regulator is believed to have drafted statements of claim and will file a civil action against ANZ in relation to breaches of the law relating to BBSW between 2007 and 2013.

Chinese EXIM Bank rejects blame for Bahamas megaresort crisis

By Travis Cartwright-Carroll Nassau Guardian Staff Reporter

NAJIB'S Arabian Nightmare Begins

In Saudi Arabia, Foreign Minister Adel al-Jubeir said that he accepted the attorney general’s opinion that there had been no wrongdoing, but he also said that he did not think that the money had come from the Saudi government or that it was a politi

MSCI Endorses China Fund Easing Amid A-Share Inclusion Bid

Open-ended funds will also be able to shift money in and out of the nation’s stocks daily, policy makers said.

The Asian Lawyer’s Asia Legal Awards 2016 – WFW short-listed for three awards

The winners will be announced at the awards dinner which takes place on 23 February at the Four Seasons hotel in Hong Kong.

Private banker Yak Yew Chee withdraws request to release funds frozen in 1MDB probe

Mr Yak, a senior private banker with the local unit of Swiss bank BSI, did not appear at Friday's hearing, but the Straits Times understands he is in Singapore.

Get your passport… cross-border marketing of retail funds in Asia Pacific

As the funds market in Singapore and the wider Asian region has grown, so have the calls for a regulatory framework that will allow retail funds to be marketed more easily across the region's national borders.

Malaysia malaise – will domestic challenges in Malaysia affect investment in UK real estate?

UK real estate has seen significant inward foreign investment since the financial crisis, with Malaysian investors at the forefront of the most recent wave.

China curb on credit card premium payments hits insurers

According to Bloomberg News, Chinese people have been flocking to Hong Kong to buy insurance policies, which typically come with better service than on the mainland, with the purchases by mainland visitors in Hong Kong reaching HK$21.1bn ($2.7bn) by the e

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