Asia
uk singapore agree to deepen financial cooperation
The UK and Singapore have agreed to deepen their financial and economic cooperation and also supported the setting up of a private sector forum to boost development of the offshore renminbi market
cerulli on koreas online fund supermarket
An online fund supermarket preparing for launch in Korea is unlikely to have much of an impact on the country's mutual fund distribution landscape in the short term, according to Cerulli Associates.
imprisoned former credit suisse manager
A former Credit Suisse AG relationship manager in Hong Kong has been banned from re-entering the finance industry after being handed a seven year prison sentence at the end of last year.
axa completes purchase of 50 of chinese insurer
Axa has completed its purchase of a 50% stake in Chinese property and casualty insurance company Tian Ping.
standard chartered reported selling hk
Standard Chartered is looking to sell its Hong Kong consumer finance business, PrimeCredit, as part of a strategic repositioning, according to a published reports. The bank declined to comment.