The HKMA will allow deposit-taking companies (DTCs) to roll over their deposits upon conversion to restricted licensed banks. DTCs, the...

CITI Wealth announced the appointment of Yeo Wenxian as the new head of wealth for Asia South and CEO of Citibank Singapore, effective...

AXA has introduced a novel heatwave-related insurance product in Hong Kong, offering coverage to outdoor workers as summer intensifies....

Woori Investment & Securities, part of Woori Financial Group, has launched as a mid-tier brokerage, marking its reentry into the sector...

Hong Kong is set to grow as a family office hub due to legislative changes and challenges in rival hubs, as highlighted by a Knight Frank...

BlackRock’s Chinese fund management subsidiary has announced key personnel changes to enhance its investment team. Lu Wenjie is now the...

Chinese regulators have asked several large state-owned clients of PricewaterhouseCoopers (PwC) to drop the auditor due to its work for...

Prudential has appointed Angel Ng, a former senior leader at Citi, as the new CEO for its Greater China, customer, and wealth businesses....

JP Morgan Asset Management is merging two of its Japanese equity-focused trusts, JPMorgan Japanese and JPMorgan Japan Small Cap Growth &...

Family offices are driving a surge in hotel investments in the Asia-Pacific region, with a 19% increase in transactions totaling USD5.7bn...

Raffles Family Office (RFO) has appointed Dr. Niti Nerngchamnong as a board advisor to enhance family governance and succession planning....

Northern Trust has appointed Kai Jebens as head of client development for Southeast Asia and Chris Vera as senior digital solutions...

The Monetary Authority of Singapore (MAS) has issued a two-year prohibition order against Sun Quan, the executive director and former CEO...

Warburg Pincus and Lendlease announced the final closing of a life sciences real estate joint venture platform, with each committing 50%...

Centaline Wealth Management, a subsidiary of Hong Kong’s Centaline Group, is expanding its family office services amid a real estate...

Hong Kong’s Exchange Fund reported HKD104bn (USD13.31bn) in investment income for the first half of the year, down 11% from 2023, the...

Alternative investors are diversifying into Japan, India, and South Korea as China loses appeal for private equity, real estate, and...

A global accounting body proposed guidance for companies to better show the impact of climate change on their financial performance,...

HSBC Holdings reported a slight 0.4% decline in first-half profit but still exceeded analyst estimates, driven by higher global interest...

Several liquidators from Deloitte have been appointed for Tahoe Life, a Chinese-controlled insurer, following regulatory investigations...