Hong Kong
Hong Kong wealth management assets hit $1trn
A more inclusive assessment of Hong Kong’s financial services sector helped push total assets under management at private banking and private wealth management firms to $1trn (£767,730, €859,910) in 2017.
Hong Kong set for Academy of Finance
Hong Kong’s finance sector is about to get a lot more academic after plans to set up an academy were boosted by the special administrative region’s monetary authority.
Credit Suisse Hong Kong to pay $77m for corrupt hiring scheme
Credit Suisse’s investment bank in Hong Kong will pay a total of $77m (£58.2m, €65.9m) to settle criminal and civil proceedings taken by the US Department of Justice and the Securities and Exchange Commission (SEC) for its role in a corrupt hiring scheme.
LGBT victory in Hong Kong expat visa court ruling
A landmark court case means that same sex couples in civil partnerships will be eligible for spousal visas in Hong Kong.
Credit Suisse to pay $47m to resolve Asia hiring probe
Credit Suisse has agreed to pay a penalty of $47m (£35.1m, €40.1m) to the US Department of Justice (DOJ) to end an investigation into whether it hired employees in Asia in return for investment banking business and regulatory green lights.