Asia
hsbc sells thai wm arm to krungsri
HSBC has entered an agreement to dispose of its Thailand-based retail banking and wealth management arm, and expects the deal to be completed in the first half of 2012.
singapore implements strict rules for rating
The Monetary Authority of Singapore has implemented a new regulatory framework and code of conduct for credit rating agencies (CRA).
aam lures shoon from ipp
AAM Advisory, an expat-focussed Singapore advisory firm which had its origins as a local franchise of PKF, has lured Mark Shoon from IPP Financial Advisers to be its head of compliance.
kinetic opens first office in asia
Kinetic Partners, a company which provides professional services to the asset management, investment banking and broking industry, has opened its first office in Asia.
manulife hong kong sales force hits 5000
The number of full-time agents selling Manulife insurance products in the Hong Kong market touched 5,000 at the end of 2011, a 9% increase over the preceding 12 months, Manulife Hong Kong said yesterday.