Managers of Wealth Asia Pacific

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.

I-T pulls up HSBC Bank in black money cases

The Income Tax (I-T) department is said to be mulling over prosecution against the HSBC bank for allegedly being the conduit for Indians in stashing money abroad.

Thai banks baulk at Basel III capital demands

"We should wait for a clear picture because recapitalisation leads to higher financial costs, and it will be the shareholders' burden. The rising expense may ultimately be passed on to consumers."

ABN banker didn't mean to deceive S&P over data, court told

AN INVESTMENT banker employed by ABN Amro sent incorrect information to the credit rating agency Standard & Poor's about a structured finance product bought by councils but the Federal Court should conclude this was an innocent mistake or, at wor

A&O and Allen & Gledhill call off Singapore tie-up talks

The firms announced that they are no longer in talks earlier this afternoon (26 March), with a spokesperson stating discussions had ended because they could not reach an agreement that was satisfactory to both parties.

Talent war at expat law firms in Hong Kong

Accounting problems with US-listed Chinese companies and anti-bribery work have kept lawyers in the former British colony busy.

Taylor Wessing gains leading Singapore presence

Taylor Wessing and leading Singapore firm RHT Law LLP initially formed an alliance through an exclusive cooperation agreement in August 2011. RHT Law formally joined Taylor Wessing, as RHTLaw Taylor Wessing, on 16 March 2012.

SFO opens round-two investigation into NZF Group

NZF Money, a commercial and residential lender, was placed into receivership in July, owing debenture holders about $16.4 million.

Bird & Bird boosts Asian offices with five new partners

Bird & Bird have added five new partners to their offices in Asia. Four from other firms and one has been appointed internally.

Nomura linked to Japan insider trade probe, shares fall

Japan's securities regulator recommended on Wednesday a 50,000 yen ($600) fine against Chuo Mitsui Asset Trust and Banking, saying the asset manager sold Inpex shares after a tip-off about its plans for a $6 billion offering in 2010.

Nomura Holdings controls in spotlight in Japan trading probe

The case centred on a 2010 stock offering by energy firm Inpex, also putting Japan's current rules against market manipulation in the spotlight, with the fund manager involved penalised with a tiny fine and Nomura facing no formal sanction.

Lehman units cease operations

KPMG Services have been appointed as liquidators of the two companies.

Why returning NRIs should watch for new clause in Wealth Tax Act

As the fine print from the Finance Bill starts trickling in, we bring you details that are likely to impact your taxes. A new provision in the Wealth Tax Act is likely to impact NRIs who have returned to India, especially those with significant asset hold

Risks are increasing in quantity and severity - PwC

While concerns about further economic uncertainty continue to be top of mind for business leaders, issues such as fraud and ethics, mergers and acquisitions, large programs, new product introductions, and business continuity were identified among the top

Legal, Regulation & Compliance