01/10/2020
Despite earlier having referenced provisioning for a remediation bill in the order of A$223m, IOOF acknowledged that it had not actually commenced making remediation payments because it was still collecting and assessing the data.
01/09/2020
The deal will add to ZEDRA’s existing headcount of over 550 industry experts across 13 countries
01/09/2020
Replying to a question no notice from the House of Representatives Standing Committee on Economics
01/07/2020
The jurisdictions covered in the update are Hong Kong, Singapore, China, Taiwan, Japan, India, Malaysia, Indonesia, Thailand and the Philippines.
01/06/2020
The number of South Koreans with financial assets of over 1 billion won (US$854,000) rose 4.4 percent on-year to 323,000 in 2018, and they held 54 percent of their total assets in real estate and 40 percent in financial assets
01/06/2020
YBR advisers who do transfer will continue to provide services to their existing clients under Interprac's AFSL and will retain their rights to income from their client books.
01/03/2020
The adoption of the ratings comes amid mounting interest in ESG investing where ESG factors are taken into consideration when it comes to investment decision-making.
01/02/2020
Morningstar remains sceptical about embattled wealth manager AMP’s plans to turn around its financial advice business.
12/30/2019
The firm's chief executive Tang Ning has also said that CreditEase was targeting an initial public offering in 2020.
12/27/2019
Executive chairman Mr Bouris - who founded Wizard Home Loans and has hosted shows including Australia's Celebrity Apprentice and The Mentor - said the wealth sector exit was ultimately driven by a lack of scale and increasing regulation in the wake o
12/26/2019
In the past two years, HSBC has made significant investments in enhancing its digital capabilities globally.
12/24/2019
The reorganization has come as a bit of a shock, says one employee of the bank in Asia who did not envisage the changes to the existing structure or Raju’s consequential departure when he spent time with Khan in early November this year.
12/23/2019
The deal comes as China’s government continues to open up its financial industry to foreign firms.
12/20/2019
“Both companies are proposing to terminate their respective wholesale funds, while i-VCAP is exploring various options in relation to the management of the ETFs, including the possibility of transferring the ETFs to another licensed fund management
12/20/2019
Firms to take majority stake in local business with CCB
12/20/2019
Approval from the Chinese regulator for establishing an asset management joint-venture between Amundi and BOC Wealth Management
12/19/2019
There are plenty of advantages, especially if they are setting up various structures for the family business or for collective investments.
12/19/2019
HSBC Structured Product Online Platform: An online solution offered to accredited investors to invest in structured products offered by the bank.
12/18/2019
In the past two years, HSBC has made significant investments in enhancing its digital capabilities globally.
12/18/2019
Equities likely to outperform bonds due to stabilising growth and supportive policy