metLife appoints yong ceo for hk operations
MetLife has appointed Lennard Yong as chief executive of its Hong Kong operations, reporting to Nirmala Menon, head of designated markets and health, Asia.
alternatives steadily luring cash from
Investor appetite for alternative investments has steadily increased over the past few years, led by greater allocation towards the asset class by institutions, according to new research.
Axa bond flies in the face of HMRC rules
An offshore bond launched by Axa Wealth International in September last year has been criticised by competitors, drawing claims it risks leaving clients open to a 15% deemed gain charge and could damage the wider offshore bond industry.
hicl reassures investors on ucis ban
Guernsey-listed HICL Infrastructure has taken steps to reassure investors that it will not be caught by the ban on the promotion of Ucis and similar funds to retail investors.
ocbc bank in exclusive talks to buy wing hang bank
Singapore’s OCBC Bank is bidding to buy Hong Kong-based Wing Hang Bank in a move that would give it a greater share of the Chinese market.