Asia
HK regulators look to tighten ILAS rules even
Regulators in Hong Kong are reportedly looking to further tighten the sale of investment linked insurance products, following increased concerns about their sale from consumers.
SFC fines Deutsche Bank
Hong Kongs Securities and Futures Commission (SFC) has reprimanded and fined Deutsche Bank HK$1.6m for regulatory breaches and internal control failings.
manulife poaches ubs global am asia ceo
Manulife has poached Kai Sotorp, UBS Global Asset Managements chief executive for the Asia Pacific region for a newly created role of executive vice president and global head of wealth and asset management.
Majority of HK Singapore affluent investors trust
The majority of affluent investors in Singapore and Hong Kong trust advice given by professional advisers when buying life insurance or wealth planning solutions, according to new research.
Nomura eyes China market with JV in Shanghai
Nomura Holdings is launching a joint venture in the Shanghai-based Pilot Free Trade Zone (FTZ) through which it will provide information on financial markets and products to local institutions.