Top Headlines in the Last 7 Days
(23rd – 29th Jan 2017)
No. 1 Robeco Appoints New Head
Robeco has appointed Graham Elliot as Head of Asia Pacific & Middle East Distribution.
He will now focus on institutional and wholesale distribution business in Asia Pacific (ex Japan) and Middle East. Learn More …
No. 2 Standard Chartered and Allianz Announces 15 Years Bancassurance Agreement
Standard Chartered and Allianz have announced a 15 year bancassurance agreement for distribution of Allianz’s general insurance products to their Retail Banking clients in Hong Kong, Singapore, Malaysia, Indonesia and China.
This partnership will combine Standard Chartered’s strong Asian banking connections with Allianz’s insurance expertise to provide for the protection needs of the Bank’s personal, priority and business banking customers in the region. Learn More …
No. 3 Pimco Appoints New APAC Head
Pimco has appointed Kim Stafford as Head of Asia Pacific. She will be in charge of setting the strategic director for the region and oversee institutional and global wealth management businesses.
She has been with Pimco for 17 ears and has held roles such as global head of consultant relations, US institutional sales and alternative marketing roles. Learn More …
No. 4 VP Private Bank Appoints New Chief Executive Officer
Bruno Morel who was formerly the Head of Private Banking and Executive Vice President from CIC Private Bank has joined VP Bank as the Chief Executive Officer.
Prior to this, Bruno was the Head of Treasury and Structured Products of Asia at ABN Amro in Singapore. Learn More …
No. 5 SFC Fines Value Partners $4 Million
SFC has fined Value Partners Limited and Value Partners Hong Kong Limited $2 million respectively for failures to comply with regulatory requirements in managing two SFC authrozied funds.
VPL and VPHKL have failed to manage the funds in accordance with their constitutive documents as required by the Code on Unit Trusts and Mutual Funds. Learn More …
No. 6 First Names Group Claims Title of ‘Trust Company of the Year’ for Guernsey and Switzerland
First Names Group was the big winner at Citywealth International Financial Centre Awards, winning ‘Trust Company of the Year’ for Guernsey and Singapore and runner up for Jersey and Hong Kong & Singapore.
First Names Group and other winning entrants were judged based on their excellence in achievement, innovation, expertise and service. Learn More …
No. 7 Ex-ANZ Private Banker Appointed as Team Head for RBC Wealth Management
Rohit Bhalla has been appointed as Team Head for RBC Wealth Management Southeast Asia business. He has over 16 years experience in the financial services and was previously with ANZ. He was the Senior Director and Team Head of Private Bank Singapore during his term in ANZ.
He will now be in charge of building client relationships and based in Singapore. Learn More …
No. 8 UBP Reports Solid Net Profit
Revenue for UBP has increased by 24.7% from CHF 749.7 million in 2015 to CHF 934.6 million. This is due to the increase in interest income, fees & commissions related to expansion, especially in Asia as well as growth in the EMEA region.
As of 31st December 2016, assets under management was CHF 118.3 billion, an increase of 7.6% from CHF 110 billion at end of 2015. This is due to increase in assets in Asia and inflows from institutional clients. Learn More …
No. 9 Manulife Asset Management Appoints Chief Executive Officer for Thailand
Manulife Asset Management has appointed Michael Reed as Chief Executive Officer (CEO) of Manulife Asset Management, Thailand.
He will be in charge of developing and implementing the growth strategy to deliver solutions for consumers and partners in Thailand. He has served as Country Head of FIL Asset Management (Korea) Limited. Learn More …
No. 10 Standard Chartered Private Banking Hires Bankers from HSBC
Standard Chartered Private Banking has hired Teddy Kwong, Peter Lam & James Ling from HSBC. Teddy was previously Market Head of Hong Kong with HSBC Global Private Banking, Peter worked HSBC Private Bank as Managing Director & James was the Senior Director in his former role at HSBC Private Bank.
All three has extensive years of experience in the financial industry and has held several senior positions in different bank. All will be based in Hong Kong. Learn More…
January 2017 Headlines
- Top Headlines in the Last 7 Days (2nd – 8th Jan 2017)
- Top Headlines in the Last 7 Days (9th – 15th Jan 2017)
- Top Headlines in the Last 7 Days (16th – 22nd Jan 2017)