Asia
singapore insurance sales exceed two bn
Sales of insurance products in Singapore grew 8% over the last year to the end of December compared to 2011, the Life Insurance Association of Singapore has revealed.
china approves hsbc ping an stake sale
The China Insurance Regulatory Commission (CIRC) has approved HSBC's sale of its stake in insurance giant Ping An to a Thai conglomerate for $9.4bn, ending speculation that the deal might never be completed.
hk regulator bans ex merrill lynch asia
The Hong Kong Securities and Futures Commission (SFC) said it has banned Joyce Hsu Ming-mei, a former licensed representative of Merrill Lynch (Asia Pacific) Ltd from the financial services industry “for life”, in the latest of a series of actions taken over the past two years in response to a fraud that was found to have been committed by Hsu.
now devere group goes into india
The deVere Group has added another country to its roster, with the opening of an office in New Delhi.
ravi menon structural change to tax systems
Ravi Menon, managing director of the Monetary Authority of Singapore, has called for tax reform in the advanced economies to be a top priority and for the debate to focus specifically on the structure of the system.