

Liu Jin steps down as Bank of China president
Bank of China Ltd announced that President Liu Jin has resigned after just over three years in the role, effective August 25, citing...
Aug 27, 2024


Insurtech deals in SE Asia hit USD2.35bn in 2023
Insurtech deals in Southeast Asia surged to USD2.35bn in 2023, up from USD538m in 2022, despite macroeconomic challenges, according to an...
Aug 27, 2024


SMBC Taps Atul Bhuchar to lead Asia transaction banking
Sumitomo Mitsui Banking Corporation (SMBC) has appointed Atul Bhuchar as the new Head of Transaction Banking Product for its Asia Pacific...
Aug 26, 2024


Lighthouse Canton hires ex-Deutsche Bank veteran for North Asia
Singapore-based external asset manager Lighthouse Canton has appointed Stella Lau, a seasoned private banker formerly with Deutsche Bank,...
Aug 22, 2024


Emirates NBD appoints new wealth management head for Singapore
Emirates NBD, the Dubai government-owned bank, has appointed Sameer Deshpande as the new head of wealth management for its Singapore...
Aug 21, 2024


Former Citibank, Julius Baer managers face charges in SGD3bn scandal
In Singapore, two former relationship managers, Wang Qiming and Liu Kai, have been charged in connection with the country’s largest money...
Aug 20, 2024


Capital Group names Stella Xu as Greater China institutional head
Capital Group, a leading US-based asset manager with over USD2.7tr in assets, has appointed Stella Xu as head of institutional business...
Aug 16, 2024


Top China fund executive resigns amid probe
Henry Zhao Xuejun, long-time chairman of Harvest Fund Management, one of China’s largest mutual fund firms, has resigned amid a personal...
Aug 12, 2024


Philippines central bank to approve new digital banks from January 2025
The Monetary Board has approved lifting the moratorium on new digital banking licences starting January 1, 2025, allowing up to ten...
Aug 12, 2024


CITI Wealth names Yeo Wenxian head of wealth for Asia South
CITI Wealth announced the appointment of Yeo Wenxian as the new head of wealth for Asia South and CEO of Citibank Singapore, effective...
Aug 7, 2024


BlackRock strengthens Chinese team with key investment role changes
BlackRock’s Chinese fund management subsidiary has announced key personnel changes to enhance its investment team. Lu Wenjie is now the...
Aug 6, 2024


Prudential names Angel Ng as Greater China CEO
Prudential has appointed Angel Ng, a former senior leader at Citi, as the new CEO for its Greater China, customer, and wealth businesses....
Aug 5, 2024


Northern Trust expands Singapore team with key appointments
Northern Trust has appointed Kai Jebens as head of client development for Southeast Asia and Chris Vera as senior digital solutions...
Aug 2, 2024


Singapore regulator bans asset management firm’s ex-CEO for two years
The Monetary Authority of Singapore (MAS) has issued a two-year prohibition order against Sun Quan, the executive director and former CEO...
Aug 2, 2024


JPMorgan appoints New Asia-Pacific ECM co-heads
JPMorgan Chase announced new leadership appointments in its Equity Capital Markets (ECM) for Asia-Pacific, naming Sunil Dhupelia and...
Jul 30, 2024


HKIFA suggests more inclusive ETF trading under stock connect
The inclusion of eligible exchange-traded funds (ETFs) under Stock Connect, which facilitates trading between mainland China and Hong...
Jul 24, 2024


MG Non-Life Insurance fails to attract buyers in third sale attempt
MG Non-Life Insurance’s third attempt to secure a new owner has failed, highlighting concerns over its financial health. Samjong KPMG,...
Jul 23, 2024


Goldman Sachs appoints Jaehoon Ahn as co-country head for Korea
Goldman Sachs has named Jaehoon Ahn as the new co-country head and head of investment banking for Korea, effective mid-August. Ahn,...
Jul 23, 2024


Malaysia’s pension fund launches new stewardship policy
The Employees Provident Fund (EPF) of Malaysia has introduced the EPF Sustainable Investment Stewardship Policy, marking its position as...
Jul 19, 2024


HSBC appoints Georges Elhedery as new CEO from September
HSBC announced the appointment of Georges Elhedery as the new group CEO effective September 2, succeeding Noel Quinn, who will depart...
Jul 19, 2024