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Convoy

Disgruntled Convoy Global director resigns

Asia | 10 Jan 18

Disgruntled Convoy Global director resigns

An executive director of Convoy Global has resigned from the embattled company, citing a disagreement with the board of directors and legal action being taken against him and several other directors and employees.

Convoy chairman thwarts boardroom coup

Asia | 2 Jan 18

Convoy chairman thwarts boardroom coup

The second largest shareholder in embattled Hong Kong financial advisory firm Convoy has lashed out at the company’s chairman, calling him “rude”, for taking away his voting rights in a meeting where he had attempted to remove several members of the management team.

Convoy goes after ex-directors for stealing HK$4bn

Asia | 19 Dec 17

Convoy goes after ex-directors for stealing HK$4bn

Troubled Hong Kong financial advice firm Convoy Global is suing 28 people for more than HK$4bn, including former chairman Quincy Wong Lee-Man and former director Roy Cho Kwai-chee who is believed to have fled the country.

Asia | 18 Dec 17

Convoy to spend HK$300m to win back investors

Convoy Financial Services, the recently raided Hong Kong financial advisory firm that saw multiple senior executives arrested, plans to restore investor confidence by spending big on hiring more advisers and paying a retention bonus.

Convoy raids put Hong Kong firms on notice

Asia | 13 Dec 17

Convoy raids put Hong Kong firms on notice

Hong Kong’s financial services firms can expect greater regulatory scrutiny as an unprecedented joint probe by the Independent Commission Against Corruption (ICAC) and the Securities and Futures Commission (SFC) paves the way for future investigations.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.