Asia
Barclays shedding more investment jobs in Asia
Barclays is expected to announce further job losses in its Asia investment banking sector, with corporate finance and advisory staff in South Korea and Taiwan and equities sales and research staff across the region also under the cosh, according to Reuters.
Julius Baer takes stake in Shanghai wealth manager
The Swiss-based private bank will purchase a $17.5m stake in Jupai, a US-listed Chinese wealth manager.
Australia readies new laws on financial adviser standards
The Australian Government closed its consultation period on Monday for new legislation designed to raise education, training and ethical standards for financial advisers.
Hong Kong advisers suffer regulatory headache
Announcements from two Hong Kong regulatory bodies could make the already challenging IFA market even more confusing and difficult to navigate in 2016.
Zurich exit from Singapore highlights industry change
The Zurich Insurance Group’s decision to pull out of the international life business in Singapore, where it had been a big part of the market for a long time, was the top story from Asia, among a series about industry restructurings which dominated coverage in 2015.