Asia
Ernst Young made to hand over accounting records
The Hong Kong Securities and Futures Commission (SFC) has ordered that Ernst & Young hand over accounting records relating to the time it spent working as the accountant and auditor for Standard Water Limited.
Neuberger Berman strengthens sales team in Asia
Neuberger Berman has strengthened its marketing and sales team in Asia as it looks to expand its operations in the region.
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.