Hong Kong
BMO Financial Group sells Hong Kong and Singapore PB business
Acquirer says the deal ‘underscores the importance of the Asian market for the group’
Banking group exits Hong Kong
This includes its asset and wealth management businesses
Hong Kong bank unveils wealth management offering
Customers with at least HK$8m will be able to access services
Former Standard Chartered private banker banned for 21 months
After the Hong Kong financial regulator found he breached the group’s internal policies
Hong Kong financial watchdog hands out two-year ban
They ‘failed to act with due skill, care and diligence and in the best interests of the clients’