South Korea’s and Indonesia’s general insurance industries are strengthening ties following a new memorandum of understanding (MOU)...

Hong Kong’s banking regulator fined China CITIC Bank International HKD4m (USD510,000) for breaching anti-money laundering regulations,...

ING has appointed Deepali Bhargava as head of research and chief economist for Asia Pacific. Bhargava rejoins the Netherlands-based bank...

Indosuez, the wealth management arm of Credit Agricole Group, said it will appoint Laurent Proutière as Asia chief executive and...

State Street Global Advisors, the asset management division of US-based State Street Corp, announced the immediate appointment of Dohei...

US-based asset management firm Apollo announced the opening of its Seoul office as part of its expansion in the Asia-Pacific region. The...

Hana Financial Group Chairman Ham Young-joo has pledged to enhance wealth management services tailored to senior generations in Hong...

HSBC Holdings is requiring hundreds of managers to reapply for positions in its newly formed corporate and institutional banking (CIB)...

The Hong Kong Investment Funds Association (HKIFA) has appointed Stephen Po as an honorary advisor to provide regulatory expertise for...

Vietnam's central bank, the State Bank of Vietnam (SBV), has finalised a draft circular to help non-bank credit institutions, including...

Thailand is set to appoint former finance minister Kittiratt Na-Ranong as the new chairman of the Bank of Thailand (BoT), indicating the...

BlackRock has appointed Yoon Pyo Lee as managing director and head of its South Korea operations, effective December 20, the asset...

Japanese firm Nikko Asset Management is venturing into Asia's private debt sector through a partnership with France's Tikehau Capital, a...

Malaysian Prime Minister Anwar Ibrahim has ordered sovereign wealth fund Khazanah Nasional Berhad to conduct an internal audit over...

UBS’s Asia wealth unit has bounced back after two consecutive quarters of declines, reporting significant growth in assets under...

The Monetary Authority of Singapore (MAS) fined Atrium Asia Investment Management (AAIM) SGD1.9m for violating anti-money laundering and...

AIA Group has secured approval from China’s National Financial Regulatory Administration Anhui Bureau to prepare for the launch of a new...

HSBC Holdings has appointed insider Pam Kaur as its first female finance chief, replacing Georges Elhedery who became CEO earlier this...

Singapore's Temasek Holdings and Saudi Arabia's Public Investment Fund (PIF) have the strongest intrinsic credit quality among 11...

Ping An Insurance Group Co of China Ltd reported a 36.1% increase in net profit for the first nine months of the year, driven by higher...