Managers of Wealth Asia Pacific

Bankers pitch for a National Asset Management Company

It will take over large NPAs of banks and help in revival of companies ridden with bad debts

Merrill Lynch Equities fined by ASIC

The penalty was for failing to prevent the entry into the ASX Trading Platform of an erroneous Order which resulted in a market for RIO Tinto Limited ordinary shares not being both fair and orderly.

SMFG chairman Oku concerned over US, UK banking rules

Masayuki Oku takes issue with regulations that exceed demands of Basel III regime

Rogue Vietnam banker jailed for 30 years over $1 billion fraud

A Vietnamese court jailed a tycoon and former banker for 30 years on Monday for his part in a series of elaborate financial scams worth $1.1 billion that have become one of the country's most high-profile banking scandals.

India slashes red tape to entice foreign investment

A new regime for foreign portfolio investors introduced on June 1st is likely to improve fund flows into India

NZ Options trader admits fraud

A stockbroker who used his investors' money to repay others and fund part of an advance fee for a $US20 million loan has admitted fraud charges.

US scheme late in paying $64.8m to Singapore investors

The US operators admit there are problems, but say they hope to return money to investors.

Fountain Court plans Singapore launch in September

We see an opportunity in Singaporean government’s drive to establish the SICC

SEBI bars offshore hedge fund set up by Indian origin portfolio manager for insider trading

The fund is alleged to have been involved in insider trading case in shares of L&T Finance

KWM Hong Kong partners Kwok and Chan quit to launch boutique

The partner has played a key role in the development of the firm’s Hong Kong office

Mourant Ozannes advises CVC Capital Partners on latest Asia Pacific Fund launch

This was a significant fund launch for us and we are delighted to see the fundraising so well supported and Fund IV off to such a successful start.

RBI loosens offshore structured products restrictions

The Reserve Bank of India's May 12 notification allows these branches to sell structured financial and derivative products - a small step forward for Indian structured finance.

Japan's SMFG chairman concerned about extra banking rules in U.S., UK

The U.S. Federal Reserve has passed a rule that will force units of foreign banks operating in the United States to hold more capital and liquidity locally in order to shield taxpayers from any potential losses.

Leading international law firm Celebrates Fifth Anniversary in Singapore

The firm has significantly expanded its team to 11 lawyers, making it the largest offshore law firm by some distance in Singapore.

Bakers, Debevoise help insurers ink $5.7 bln deal

Baker & McKenzie and Debevoise & Plimpton have scored lead advisory roles on Japan’s Dai-ichi Life Insurance Co’s agreement to buy American insurer Protective Life for $5.7 billion in what is the largest ever acquisition by a Japanese

Hill Dickinson hires from Clydes and Kennedys to bolster Asia base

Four years after its launch, Hill Dickinson’s Singapore office now has 15 fee-earners and contributes 3 per cent of the firm’s total revenue.

UK’s fast-growing model for legal services launches in Australia

A new model for providing legal services enters the Australian market today, with the official launch of Keypoint Law.

'Is 10 beers too much?' Banker who taunted police by sending them photographs of him drinking behind the wheel is caught

Chen Teng posted pictures on the internet of him holding beer cans

Conyers advises HKT on financing, security and acquisition of issued share capital of CSL

Conyers Dill & Pearman has provided Bermuda legal advice to HKT on the $2,425m (£1,450m) financing and security

IMF warns HK on exposure to mainland banking system

The IMF in a report just out warns Hong Kong of its exposure to the Mainland banking system, due to close financial ties that could bring a potential shock to interbank markets.

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