Asia
Nomura Int’l fined after breaching Hong Kong regulations
Nomura International in Hong Kong has been fined after it failed to disclose that a trader had caused a $3.3m trading loss by making false entries in its risk management systems.
Intermediary profile with Professional Investment Advisory Services
Christopher Teo, chief executive of Aviva-owned PIAS in Singapore, explains his ambitious plans for growth, why he embraces new regulation and the importance of seizing the day.
Singapore reaches out for financial industry advice
As Hong Kong develops strong market links with China, Singapore’s new financial centre advisory panel hopes to chart strategies for the Lion City’s own future.
Quantum China cool on Mutual Fund Recognition
Foreign firms planning on a Hong Kong-domiciled product for the Mutual Recognition of Funds initiative will likely find limited appeal in China, said Anthony Yeung, managing partner and chief executive of Quantum China Asset Management.
China share slide will not spill over to global markets, says L&G IM
China shares fell further on Tuesday after a huge sell-off at the start of the week, but an equity strategist from Legal & General Investment said it was an “isolated event” which will not significantly impact international markets.