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Caproasia Online Logo 1 Square 400 by 400Top Headlines in the Last 7 Days 

(16th – 22nd Jan 2017)

No. 1 Standard Chartered Hong Kong Appoints New CEO

Standard Chartered Hong Kong has appointed Mary Huen, currently Regional Head of Retail Banking, Greater China and North Asia (GCNA), as the new Chief Executive Officer for Hong Kong.

She will succeed May Tan, who retires as CEO for Hong Kong after 32 years in the financial industry. Learn More …


No. 2 Fidelity Appoints China Country Head


Fidelity has appointed Jackson Lee as China Country Head, in charge of coordinating the company’s overall China strategy.

He has 12 years of experience working at different leading financial firms in various roles such as business management, strategic development and M&A. Learn More …


No. 3 CEO of AXA Global Asset Management to Leave

Veronique Weill, CEO of AXA Global Asset Management has decided to leave the group after 10 years at AXA. Véronique Weill joined AXA in 2006, as Chief Executive Officer of AXA Business Services and Group Executive Vice President of Operational Excellence.

In 2009, she became Group Chief Operating Officer, in charge of Group Marketing, Distribution, Data Innovation Lab, IT, Operational Excellence and Procurement. Learn More …


No. 4 New Managing Partner at Lombard Odier

Annika Falkengren has stepped down as Chief Executive at SEB to join Lombard Odier as Managing Partner. Annika has been Chief Executive for 11 years and has worked at SEB for almost three decades.

She would leave SEB by July 2017 and it is now in the midst to recruit a new Chief Executive. Learn More …


No. 5 ANZ Appoints Chief Economist for South East Asia & India

ANZ has appointed Sanjay Mathur as its Chief Economist for South East Asia and India. He was previously from Royal Bank of Scotland (RBS), where he was head of Economics Research (Asia ex-Japan) for almost 10 years.

He also worked at Barclays and UBS prior to RBS and has held numerous senior economist roles. Learn More …


No. 6 Ex-Currency Traders in Singapore Admit to Cheating

Two ex-currency traders from Deutsche Bank AG and HSBC Holdings Plc has admitted to cheating the banks by conducting false trades. Former HSBC senior dealer Ivan Chng and ex-Deutsche Bank trader Toh Hway Khuan has admitted to using their banks account in 2009 to obtain preferred rates on the dollar.

The offenses happened around the time the Monetary Authority of Singapore was reviewing attempts by banks to rig currency benchmarks between 2007 and 2011. Learn More …


No. 7 UBP Announces Collaboration with Partners Group

UBP has announced a new collaboration with Partners Group, a global private markets investment manager to introduce a new approach to credit investing.

Both parties will now come together to launch UBP PG -Active Income, a strategy that provides qualified investors with global exposure to private debt and credit markets. Learn More …


No. 8 VP Bank “Best Manager” Equity Funds Awarded Top Ratings

Three of VP Bank’s “Best Manager” equity funds received high marks in the “Sustainability in Liechtenstein” analysis of Liechtenstein registered equity funds.

The “VP Bank Best Manager European Equities”, “VP Bank Best Manager Swiss Equities” and “VP Bank Best Manager World Equities” funds were included in the rankings with the best rating (“BBB” or higher). Learn More …


No. 9 Deutsche Bank Australia CEO Retires

Michael Ormaechea, Deutsche Bank’s Head of Australia will be retiring after 22 years in the bank. Ormaechea who is Head of Global Markets in Asia Pacific and Chief Country Officer of Australia will leave the bank to spend more time with his family.

With effect from 1st February, David Lynne and James Boyle would become co-heads of global markets of Asia Pacific. Learn More …


No. 10 Wing Lung Bank Appoints New General Manager

Wing Lung Bank has announced the appointment of Xu Shiqing as Executive Director and General Manager. He will focus on the areas of information technology, risk management and legal and compliance, leading the Bank’s sustainable development.

He has over 23 years of solid experience in banking management. Prior to joining the Bank, Xu was the Secretary of the Board of CMB (China Merchants Bank). Learn More …

Credits: Australian Financial Review, AXA Press Release, Financial Times, The Asset, UBP Press Release, Bloomberg, Fidelity Press Release, Standard Chartered Hong Kong Press Release, VP Bank Press Release, Wing Lung Bank Press Release

January 2017 Headlines


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