Asia
hong kong banks shun ilas as tighter rules
Banks in Hong Kong appear to be turning away from the sale of Investment Linked Assurance Schemes (ILAS), following the introduction of more onerous compliance rules and commission disclosure.
ifs sisters among three new hires at aam
Sisters Tanya Maher and Rebecca Regan are among three advisers who have joined Singapore-based AAM Advisory from International Financial Services, a local rival.
axa enters partnership to sell life products
Axa has entered into a partnership with SingPost to sell life insurance products in Singapore from January 2015.
standard chartered becomes one of few foreign
Standard Chartered Bank is to sell domestic mutual funds in China, becoming one of the first foreign banks to do so in the country.
founder of arab malaysian banking group shot
The founder of a major Kuala Lumpur-based bank was shot dead in the parking lot of a temple in that city on Monday, and his wife was injured, in what is being seen as a probable contract killing.