Managers of Wealth Asia Pacific

Singapore may not escape India's offshore tax grab

Mauritius owes its tax status to historic ties with India, which resulted in a treaty signed in 1983.

Seven Hong Kong Partners Leave Clyde & Co. in Wake of Merger

All seven of the Hong Kong partners who joined Clyde & Co. through its merger last November with Barlow Lyde & Gilbert have now left to join the local offices of other U.K. firms.

Bank exec’s assets frozen

Ang has been in hiding since middle of 2010. As vice president, he was head of Citibank’s Citigold Wealth Management Group that handled clients with deposits of not less than P4 million.

Ashurst Australia spends £1m on ambitious advertising campaign

The campaign is one of the most expensive marketing efforts ever launched by a major law firm.

Clydes sees seven-partner walkout of legacy Barlows Hong Kong team

All seven have special deals in place with Clydes that mean they will not be subject to the post-merger exit penalties set out when Clydes and Barlows merged last November.

Macquarie targeted over rogue trader

They are suing for "more than $10 million" as a result of the alleged manipulation of shares in Bill Express, the electronic pre-paid bill payment company that went under in 2008 with debts of more than $200m.

Manila unit of ING disputes businessman’s claims

Lou, a businessman based in Bacolod, said he lost more than $5 million of his family’s money—including his parents’ retirement funds—in the wake of the 2008 global financial crisis in investments sold to him by ING.

U.S. Alongside China in Roll Call of Basel Bank-Rule Laggards

The group also called today for regulators to “keep up their efforts” to ensure that they meet a January 2013 deadline to adopt further requirements, known as Basel III.

Clifford Chance Adds Beijing Funds Partner From Akin Gump

She will focus on both onshore and offshore funds formation for private equity and hedge funds, RMB funds, and offshore investments by Chinese institutions.

Linklaters to apply for Singapore law licence following A&G breakoff

As a result, the magic circle firm intends to put itself forward as soon as the Singaporean Government invites applications for a new round of licences.

New sheriff comes to Hong Kong

The swoop by Hong Kong’s graft-busting body on the Kwoks and a former senior government official, coming only days after a new chief executive was elected, provides ample fodder for conspiracy theorists.

Japanese Bank Group Head Calls for Fiscal Reform

But the country's banks, among the biggest buyers of Japan's government bonds in recent years, aren't likely to face an immediate risk of the kind of sovereign debt crisis seen recently in Europe, said Yasuhiro Sato in a recent interview.

Billionaire Brothers Arrested in Hong Kong Corruption Inquiry

It what appears to be the biggest corruption scandal in Hong Kong in decades, the brothers, Raymond and Thomas Kwok, the joint chairmen of Sun Hung Kai Properties, were arrested by the Independent Commission Against Corruption.

Ireland's A&L Goodbody forges links with dozen Chinese firms

A&L Goodbody started offering Chinese lawyers six-month placements under the programme in September 2011.

Slaughters to review Aussie relationships if Links-AAR alliance goes live

The UK corporate powerhouse is planning to spreads its ties more widely and is considering a range of options, including entering into informal referral relationships with a number of local firms and sending lawyers to Australian firms on secondment.

Allen & Overy welcomes 23 to its partnership

Allen & Overy today announces 23 promotions to partner across 14 offices in 12 countries. Nearly 40% of new partners are female and, for the fifth year running, the majority (73%) are based outside London, underlining Allen & Overy's commitme

Herbert Smith and Bakers lead as Jaguar Land Rover heads for Asia with China JV

Herbert Smith and Baker & McKenzie have been appointed to advise on the joint venture (JV) between Jaguar Land Rover (JLR) and China’s Chery Automobile as the British car giant looks to expand its presence in Asia.

Norton Rose announces new corporate partner in Beijing

He will join the practice from Allen & Overy where he was Counsel in the Beijing office.

Dodd-Frank Will Increase Demand for Automation in Australia

Investment managers will go to more automated processes as well in unit pricing and corporate actions as a response to reduce operational costs, because business margins are “thin” and automation is widely viewed as bringing long-term sustaina

Global manhunt is on for Chinese rogue banker

The Ministry of Public Security has issued an arrest warrant for Sun Feng, the former head of the Yaosai branch of the Agricultural Bank of China in Jiangyin in East China's Jiangsu province.

Legal, Regulation & Compliance