Asia
Chinese conglomerate moves on Guernsey and London fund houses
A Chinese conglomerate with ambitions in the west has acquired a London-based asset manager and its Guernsey-based subsidiary.
Landmark inquiry begins into Australia’s financial services
Australia has launched a major public inquiry into alleged misconduct in the banking, superannuation and financial services sector.
What fortune will the Year of the Dog bring China?
Friday 16 February marks the Chinese New Year, with 2018 welcoming the Year of the Dog. However, while the dog is associated with honesty, faithfulness, and a strong sense of responsibility in the Chinese zodiac, investors will be hoping for a repeat of 2017 – the Year of the Rooster – which saw the MSCI China Index return nearly 55%.
Robeco duo: Asia is ‘fintech hub of the future’
Robeco fund managers Patrick Lemmens and Jeroen van Oerle have declared Asia the “fintech hub of the future”.
Credit Suisse fined in Hong Kong
Hong Kong’s regulator has fined and reprimanded Swiss wealth manager Credit Suisse for internal control failures and selling unsuitable products.