Managers of Wealth Asia Pacific

Allianz’s $508 Billion Fund Management Unit Seeks China License

Allianz Global Investors has about 481 billion euros ($508 billion) in assets under management, compared with $1.55 trillion at California-based Pimco.

ACCC takes proceedings against ANZ and Macquarie bank for attempted cartel conduct

Banks and other institutions primarily use NDFs for hedging and risk management.

Next Year to be Strong for Offshore Firms in Asia

Dispute resolution, corporate and asset management work remain the service lines that will be the strongest for the offshore law firms.

China’s Debt Bubble: Why the Bears Are Wrong

That China’s banking system has a non-performing loan problem is nothing new.

Everything fund managers need to know about MAS guidelines on outsourcing

MAS has no intention to limit outsourcing.

Prosecutors raid NPS, Samsung in Choi scandal

The NPS played a key role in the controversial merger of Samsung C&T and Cheil Industries, in which it held an 11 percent and 5 percent stake, repectively, in July last year.

RBI's idea to bring Sharia Banking into the fray is deeply flawed, writes Tarek Fatah

The introduction of Islamic banking was to ensure financial inclusion of those sections of the society that remain excluded due to religious reasons

16-406 MR ASIC updates licence conditions on Morgans Financial Limited

ASIC acknowledges Morgans' cooperative approach to improving its compliance standards and addressing ASIC's concerns.

16-402MR Former listed public company director found guilty of dishonest conduct

Mr Sigalla faces a maximum of five years' imprisonment and/or a fine of $220,000 for each count.

Open banking in Australia moves a step closer

Among the recommendations are the stipulation that banks be “forced to open up access to consumer data by 1 July 2018, which will give consumers much greater options when seeking to switch banks”.

Bank of Singapore receives regulatory approval to open a branch in Dubai international financial centre

License allows Bank of Singapore to extend private banking services to its clients in the region. Move further strengthens DIFC's position as growing global financial gateway, enabling business to flow across the South-South corridor.

Hong Kong watchdog launches consultation on asset manager regulation

It also proposes steps to remove conflicts of interest in the sale of investment products.

Bank of China Set to Start Serbia Operation

Bank of China will receive a full licence to start operating at the beginning of 2017 in Serbia - the first Balkan country to host one of the world's largest banks.

HSBC deemed less systemically important by global regulators

HSBC has been taking steps to shrink its global footprint and reduce its riskier assets

Ex-BSI banker trial: Yeo Jiawei amassed S$23.9m in just 15 months after leaving BSI, say prosecutors

I put it to you that it is quite unbelievable to amass so much - S$23.9 million- in just one year and three months.

Amana Wealth Management licences IdealRatings Boursa solution

Amana Wealth Management is a business unit of Amana Holdings and it provides Investment Banking and Wealth Management Advisory Services.

Desire to be A True International Citizen Drives Demand for Second Passports in the Region

As the number of HNWIs increase in emerging economies, so does the expectation for freedom of movement

Appleby Mauritius advise MakeMyTrip Limited in the creation of one of the leading travel groups in India

The transaction is expected to close by the end of December 2016 and is subject to approval by MakeMyTrip shareholders and regulatory approvals.

Malaysia: Labuan IBFC – Building Opportunity In Asia Pacific

As individual wealth grows in the region, increasing consumer demand from a larger middle-income population has inspired a raft of more sophisticated and comprehensive wealth management services.

Summit, Sindh Bank in merger talks

The proposed deal follows the recent acquisition of Burj Bank by Al Baraka Bank.

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