The asset management arm of New York-headquartered MetLife has agreed to acquire PineBridge Investments from Hong Kong tycoon Richard Li’s Pacific Century Group. MetLife Investment Management (MIM) ...
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The private banking arm of HSBC has hired a former Lombard Odier executive to deepen its market coverage of Singapore. Lim has more than 29 years of banking experience in Asia, most recently at ...
Australia’s markets regulator has sued HSBC for its alleged failure to protect customers from scams resulting in multi-million dollar losses. The Australian Securities and Investments Commission (ASIC ...
The investment management arm of US-based Prudential Financial has announced the appointment of a Southeast Asia head. PGIM Investments has appointed Brenda Leow as head of Southeast Asia, according ...
New York-headquartered BNY has announced the appointment of a global markets trading head for Asia Pacific. BNY has appointed Ashvin Parkash as head of global markets trading for Asia Pacific, ...
The investment arm of Allianz has been approved to become the first foreign asset manager to own a stake in China’s pension insurance company. Allianz Global Investors has received regulatory approval ...
A raft of Swiss pure-play private banks have made major Asia C-suite hires in late 2024. Although the end of 2024 is approaching, Asia’s private wealth management industry remains active. Most notably ...
Brazilian Swiss private bank J. Safra Sarasin has hired a former Julius Baer executive in Singapore. Jayant Jetley joins J. Safra Sarasin as a managing director in Singapore, according to a LinkedIn ...
Hong Kong has successfully attracted the Philippines’ Khos, who run a 40-year conglomerate, to set up a family office in the city. The Kho family from the Philippines has set up a family office in ...
Many feel the need to have sounding boards of experts available to them regarding illiquid assets and personal financial management. What gives? Outsourcing. Once the bane of 1990s factory workers and ...
Singapore’s state-owned Temasek is expanding its alternatives efforts with the establishment of a private credit platform. Temasek is forming a wholly-owned private credit platform, according to a ...