The asset management arm of New York-headquartered MetLife has agreed to acquire PineBridge Investments from Hong Kong tycoon Richard Li’s Pacific Century Group. MetLife Investment Management (MIM) ...

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 ...

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 ...

The investment arm of Allianz has been approved to become the first foreign asset manager to own a stake in China’s pension insurance company. Allianz Global Investors has received regulatory approval ...

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 ...