Asia
major private health insurers test chinese waters
Experts may not agree on whether investing in Chinese businesses is a good idea at the moment. But for many multi-national companies, there is no disputing the need for at least one office on the mainland, typically in Shanghai.
vistra makes second acquisition in china
Vistra, a Geneva-based fiduciary and corporate services provider, has made its second acquisition in China, with the purchase of Cynosure.
bsi gets hk banking licence
BSI, the Lugano, Switzerland-based bank owned by Generali, has been granted a banking licence in Hong Kong by the Hong Kong Monetary Authority.
axa im relaunches indian jv
Axa Investment Managers is to change the partner it uses for a joint venture in Asia and team up with Bank of India for its asset management business in the region.
citibank and prudential lead firms fined by mas
The Monetary Authority of Singapore has taken regulatory action against 15 financial institutions, including Prudential Singapore and Citibank which both received significant fines.