Asia
Wealth of Asian billionaires drops sharply
Total assets of Apac’s super-rich fell 8% to $2.5trn
Swiss bank fined HK$400m for overcharging on fees
Some 5,000 client accounts in its Hong Kong wealth arm were affected
Allianz buys €800m stake in Chinese life insurer
The shares will be sold by Goldman Sachs
PEOPLE MOVES: Phoenix Group, Sesame Bankhall, Aviva
Consolidator CEO to step down, as UK financial services firm makes managerial changes
Singaporeans offered life insurance calculator
To help them understand the gap between their current coverage and protection needs