Hong Kong’s banking regulator fined a local unit of CITIC over violations of anti-money laundering rules. The Hong Kong Monetary Authority (HKMA) has imposed a penalty of HK$4 million ($510,000) ...

But they are not alone. The average cost of an institutional review for an institutional investor is even higher in the US and the UK than in the city-state. The asset management industry is in a ...

Citi and Maybank Securities have collaborated to provide securities lending services in Singapore. Citi and Maybank Securities have joined hands to deliver securities lending to Singapore's retail ...

The investment management arm of US-based Prudential Financial has announced the appointment of a Southeast Asia head. PGIM Investments has appointed Brenda Leow as head of Southeast Asia, according ...

A former trader from Citi has won an unfair dismissal case in Hong Kong related to her termination in 2019. Cindy Lui, a former vice president and equity sales trader at Citigroup, has won an unfair ...

The investment management arm of Natixis has hired a former Morgan Stanley executive to lead its wealth business across several markets in Asia. In the role, Lim will be responsible for leading the ...

The private banking arm of HSBC has hired a former Lombard Odier executive to deepen its market coverage of Singapore. Lim has more than 29 years of banking experience in Asia, most recently at ...

New York-headquartered BNY has announced the appointment of a global markets trading head for Asia Pacific. BNY has appointed Ashvin Parkash as head of global markets trading for Asia Pacific, ...

Australia’s markets regulator has sued HSBC for its alleged failure to protect customers from scams resulting in multi-million dollar losses. The Australian Securities and Investments Commission (ASIC ...

Deepali Bhargava joins the Netherlands-based financial institution from KKR and will lead the research team in the region. ING announced on Wednesday that it had appointed Deepali Bhargava as the new ...

A raft of Swiss pure-play private banks have made major Asia C-suite hires in late 2024. Although the end of 2024 is approaching, Asia’s private wealth management industry remains active. Most notably ...