Managers of Wealth Asia Pacific

King & Wood Mallesons tops Asia Pacific M&A tables

Baker & McKenzie did 30 deals worth $13.6bn, and the firm slipped marginally from first to second place on the tables in the past year.

Former Herbert Smith alliance partner opens Hong Kong office

Former Herbert Smith alliance partner Stibbe is set to launch an office in Hong Kong with the aim of assisting Chinese clients with European investments.

International law firm promotes lawyers in Bermuda and Hong Kong

Corporate and Private Client teams have been promoted to Director.

Scammers take $113m from Australians

Home Affairs and Justice Minister Jason Clare said while the five-year, $113 million figure was alarming, the real toll was likely to be much higher as many victims were often too embarrassed to go to authorities.

SEBI mulls independent regulator for exchanges

As per the new rules, exchanges can also get listed, although not on their own platform.

Singapore to give full licence to 2 Chinese banks

It said the decision formed part of an agreement to enhance banking services cooperation with Beijing under the existing China-Singapore Free Trade Agreement.

Financial fraud: When gatekeepers see no evil, hear no evil and speak no evil

Media’s ‘bad apple’ theory no longer works

Japan plans stiffer penalties for insider trading

Financial services minister Tadahiro Matsushita on Wednesday instructed an advisory panel of scholars and experts to review current regulations and propose new rules, including penalising those who pass on insider information.

Nomura Dropped From DBJ Bond Sale Due to Insider Leak Case

Nomura last week said it will cut top executives’ pay and suspend some operations amid a government crackdown on insider trading.

Singapore Government Announces Local Incorporation Requirements for Qualifying Full Banks

The banks, which are classified under the government’s Qualifying Full Banks Programme, will be evaluated based on their market share of domestic deposits.

Clyde & Co raids Linklaters ally Allens Arthur Robinson for Australia launch

Linkaters’ Australian alliance firm Allens Arthur Robinson (AAR) has been hit by a team defection to Clyde & Co which is set to launch in the region in October.

RPC prepares for launch of five-partner Hong Kong office

The fifth partner is Jason Carmichael, who focuses on corporate and M&A. He joins from local Hong Kong firm CdB and JC& Co, which he co-founded in 2009 after he left Clyde & Co’s Hong Kong office.

Nomura halves CEO pay in bid to close insider probe

The announcement confirmed the terms of the report late on Thursday. In the year to end-March, 59-year-old Watanabe was paid 128 million yen ($1.6 million), including options.

Malaysian bank chief calls for reform

The chief executive of CIMB Group also said that following this year’s deals for parts of RBS's investment bank in Asia and a commercial bank in the Philippines, he has finished the acquisition spree that increased staff 40 times and grew the b

International law firm promotes 63 to global partnership

Forty-four per cent of the promotions were made in the firm’s Asia Pacific practices, where 28 partners were elected, with 20 across its Europe, Middle East and Africa offices, nine in North America and six in Latin America.

HDFC Standard Life fined for paying unauthorized commissions

Besides the fine for rejecting claims, the regulator has also penalized the company for paying unauthorized commissions to group companies, including HDFC, HDFC Bank and HDB.

HSBC, ANZ May Be Asked to Incorporate Local Units in Singapore

HSBC Holdings Plc and Australia & New Zealand Banking Group Ltd., among foreign lenders allowed to take retail deposits in Singapore

Mid-tier law firms top table for job creation

THE engine of growth for legal employment has shifted decisively away from top-tier law firms, as the middle tier grabs senior lawyers and clients.

Nomura CEO Watanabe Apologizes Over Insider Trading Crackdown

Nomura has employed a group of outside lawyers to conduct its review, which it plans to complete by the end of the month.

Japan eyes tighter insider trading laws amid probe

Matsushita, head of Japan's Financial Services Agency, made the comments a day after prosecutors arrested former SMBC Nikko Securities executive Hiroyoshi Yoshioka and three others on insider trading allegations.

Legal, Regulation & Compliance