Asia
former morgan stanley md banned for life
The former managing director of Morgan Stanley Asia, Du Jun, has been banned from re-entering the financial services industry for life by Hong Kong’s main financial regulator.
manulife am handed hk24m fine over sale
Manulife Asset Management, a subsidiary of Canadian financial services company Manulife, has been handed a substantial fine by the Hong Kong regulator over “inadequate controls” in relation to its distribution of the Manulife Global Fund.
neptune signs distribution deal to boost
Neptune Investment Management has signed a deal with a Hong Kong based investment boutique distributor in a bid to increase its sales in the Asia region.
standard chartered eyes Indian wealth manager
Standard Chartered is in talks to buy Morgan Stanley’s Indian wealth management arm, it emerged yesterday.
axa appoints varley to regional development role
David Varley, who for the past four years has headed up Axa Asia’s international brokerage operations out of Hong Kong, has been named to the newly created role of regional head of the company’s Health & Protection Development.