Hong Kong
Asia’s investment bankers getting poorer with bonus cuts
Asia’s investment bankers getting poorer with bonus cuts
On the rise this year has been the number of Asia bankers getting zero bonus.
Private equity attracted to HK
Hong Kong is attracting venture capital investment, said John Tsang, Financial Secretary of Hong Kong.
Citibank provides clients with institutional, high net worth trusts
Citibank launched its Institutional & High Net Worth Fund Platform.
Myriad Fund cleared for launch
Carl Huttenlocher received a license to launch Myriad Asset Management this December, three months later than planned.
Barclays Wealth appoints head for Greater China unit
Barclays Wealth has appointed Januar Tjandra as Head of Greater China, to be based in Hong Kong, effective 5 December 2011.
Wessex closing Asia hedge fund on asset slump
UK-based Wessex Asset Management is closing a hedge fund that invests in Asia-Pacific.
Hong Kong seeks to improve risk management measures
The defaults of Lehman Brothers’ entities prompted HKEx to enhance the robustness of its risk management measures and to bring them into line with international standards, said HKEx Chief Executive Charles Li.
Repurchase deal on Lehman notes reached with Citibank
An agreement has been reached with Citibank Hong Kong on market-linked and equity-linked notes issued by Lehman Brothers between March 2007 and June 2008.
TA Investment declares dividend for Islamic Fund
TA Investment Management Bhd declared a gross income distribution of four sen per unit for its TA Islamic Fund.
SunGard launches WealthStation in Asia-Pacific
SunGard has launched its WealthStation wealth management platform in Asia-Pacific to provide the region’s growing financial advisor industry with tools to help them acquire, retain and service clients.
UBS wealth management school opens Hong Kong campus
The Hong Kong Campus of the UBS Business University opened in response to increasing demand for financial talent in the region.
Simon to Co-Head Societe Generale's Acquisition & Leveraged Finance
Societe Generale Corporate & Investment Banking appointed Fabien Simon as Co-Head of Acquisition & Leveraged Finance, Asia Pacific.
Kwan to head Baring's Asia debt team
Baring Asset Management has named Thomas Kwan as head of Asian debt – an area where it sees a significant investment opportunity due to the growth of Asian economies.
Barclays appoints 12 new directors in Singapore, Hong Kong
Barclays Wealth made 12 director-level senior appointments for the private banking business in Singapore and Hong Kong.
Merrill taps Chan for Asia wealth arm
Merrill Lynch has hired Alison Chan as Asia-Pacific managing director and client solutions executive, according to an internal memo seen by Reuters.
Manulife to double Asian wealth management business
Manulife Financial aims to double its Asian wealth management business in five years driven by strong demand for fixed income and equity funds.
HSBC relocates global CIO to Hong Kong
HSBC Global Asset Management has relocated its global chief investment officer for wealth from London to Hong Kong.
