Asia
Chinese officials probe morgan stanley
A Chinese inquiry team has visited the offices of Morgan Stanley Huaxin Securities in Shanghai to further an ongoing investigation into a former official who was held in August on suspicion of taking bribes, the Financial Times has reported.
Business as usual Friends Life HK md
It is business as usual at Friends Provident International, says Hong-Kong based managing director James Tan, reacting on reports of Goldman Sachs being appointed to find a buyer for the business.
UK at risk over Chinese money laundering
UK authorities have been warned that attempts to establish London as a hub for Chinese currency dealing could be scuppered by the increased use of the renminbi by money launderers.
Ogier opens Hong Kong resolution team
Ogier has launched a dispute resolution team in Hong Kong in a bid to serve Asian clients in their own time zone.
Ashmore unveils trio of China-focused funds
Ashmore has unveiled three China-focussed funds that aim to invest in China’s onshore equity and fixed income markets using its RMB Qualified Foreign Institutional Investor (RQFII) license.