SEI Singapore asset management operations have launched as the US asset management technology company seeks to expand its services and investment products across Asia-Pacific. The new Singapore office will initially provide asset servicing, professional services and distribution of SEI’s UCITS funds. The company expects to add locally relevant products and broaden its enterprise asset management, technology, operations and professional services as regional demand develops. SE

The Carlyle family office business is expanding with two senior appointments as the US private equity manager targets ultra-high-net-worth families as an increasingly important source of investment capital. David Seeberan has joined Carlyle as a partner and global head of the family office group, while Victoria Matthews has been appointed managing director and head of the business for Europe and Asia. San Francisco-based Seeberan previously worked at Cercano Management. Matth

HSBC Asia family wealth advisory capabilities are being strengthened with the appointment of former UBS executive Francesca Chan as regional head of family and philanthropy advisory for Asia-Pacific. Chan will take up the Hong Kong-based position on Sept. 29 and report to Ann Ling, regional head of wealth planning and advisory. She will lead teams advising ultra-high-net-worth clients on succession planning, family office establishment, family governance and philanthropy. Cha

The Hong Kong accounting qualification pipeline will continue receiving government support as authorities seek to strengthen the supply of professionals serving the city’s financial sector. Financial Services and the Treasury Bureau Under Secretary Joseph Chan said the government would continue backing the Qualification Programme operated by the Hong Kong Institute of Certified Public Accountants. The programme provides training across accounting, business and finance while d

BNP Paribas Asia transaction banking operations will come under the leadership of Aymar de Liedekerke Beaufort as the French lender strengthens its cross-border corporate banking platform between Asia and Europe. Beaufort, currently Asia-Pacific head of global banking, has also been appointed regional head of transaction banking and will oversee both businesses from September. Based in Hong Kong, he will report to Asia-Pacific CEO Paul Yang. Beaufort succeeds Philippe Noirot,

Citi China institutional sales will be led by veteran banker Sophia Wang as the US financial group seeks to expand its mainland capital-markets business despite continuing geopolitical tensions. Wang has been appointed managing director and head of China financial-institutional sales and senior relationship management and will be based in Shanghai, according to an internal staff memo. She will oversee institutional sales covering rates, spread products, foreign exchange, comm

HSBC family office business capabilities are being strengthened with two senior appointments from Citi Private Bank covering global family offices and US private banking. Hannes Hofmann will join as global head of family offices in a newly created London-based role, overseeing HSBC Private Bank’s family office offering worldwide. Hofmann has more than 25 years of private banking experience and was most recently global head of Citi Private Bank’s family office group. He previo

Amundi Asia investment hub capabilities have been strengthened through five senior appointments and relocations as Europe’s largest asset manager deepens its commitment to the region. John O’Toole has been appointed Asia chief investment officer, based in Hong Kong, while retaining his global position as head and CIO of Amundi’s Solutions platform. Other senior moves include Andriy Boychuk as global deputy head of emerging markets fixed income and Ray Jian as head of fixed in

Raffles Family Office Africa expansion is gaining momentum with the appointment of former Rwandan government official Jean de Dieu Uwihanganye as principal for emerging markets and business development. Uwihanganye will be based in Hong Kong and report to Group CEO Chi Man Kwan as the multi-family office seeks to deepen its engagement across the Africa-Asia investment corridor. He previously served as Rwanda’s minister of state for infrastructure and as the country’s high com

Raffles Family Office CIO responsibilities will be assumed by Citi Private Bank veteran Ken Peng following his appointment as the multi-family office’s first chief investment officer. Peng will be based in Hong Kong and report to group CEO Chi Man Kwan. He will lead the firm’s investment function, shape overall investment strategy and provide stakeholders with views on macroeconomic developments, investment themes and portfolio sustainability. He brings more than 20 years of

Singapore family office legal services are expanding with the launch of The Little Law Corporation, a boutique firm targeting founders, family offices, private equity managers and multinational companies involved in cross-border transactions across Asia. Founder and managing director Shen Xiaoyin has more than 14 years of experience spanning commercial litigation, international arbitration, mergers and acquisitions and investment advisory work. Her previous roles include Alle

B2C2 family office expansion across Asia-Pacific is being strengthened through the appointment of former Schroders Wealth Management Asia chairman Jason Lai as senior adviser in Singapore. Lai founded wealth manager Thirdrock Group in 2009 and became chief executive of Schroders’ Asian wealth business after the FTSE 100 company acquired Thirdrock in 2019. He subsequently served as chairman before retiring in 2026. B2C2 said Lai will help deepen relationships with family offic

Hong Kong finance talent is returning as stronger capital markets, recovering initial public offerings and increased investment activity revive hiring across financial services. Robert Walters Hong Kong Managing Director John Mullally said interest from overseas candidates has improved significantly from pandemic-era levels, with recruitment rising moderately during the past six to 12 months. Hong Kong's stronger equity market and IPO recovery have supported demand for profes

China market regulator chief Luo Wen has formally left the State Administration for Market Regulation following his appointment as Communist Party chief of Hebei province. China's human resources ministry confirmed Luo's removal from the regulatory position after the 61-year-old was named Hebei's top official on July 31, replacing Ni Yuefeng. Hebei surrounds Beijing and forms an important part of the Beijing-Tianjin-Hebei economic region, making its provincial leadership an i

AI skills in finance are becoming more valuable than traditional business qualifications, with 86% of US finance executives saying AI training is more useful than an MBA for many new employees, according to PwC. The survey of more than 1,000 executives found that 91% of companies were increasing compensation for workers with artificial intelligence capabilities. Employers are particularly seeking professionals able to build, deploy and manage AI agents across financial operat

Paragon family office coverage is expanding following the appointment of Thitaree “Pat” Natthikawong as vice-president and partner at Singapore-based wealth management boutique Paragon Capital Management. Natthikawong brings experience in fund distribution, capital raising and merchant banking across Southeast Asia, supported by relationships in Singapore, Hong Kong and other regional financial centres. Paragon said her network and Thailand-focused expertise would strengthen

Societe Generale Asia has appointed former UOB executive Joseph Chia as head of supply chain management for Asia Pacific as the bank expands its transaction banking franchise. Based in Singapore, Chia will oversee accounts receivable and payable solutions across the region, reporting jointly to Asia Pacific transaction banking head Soo Tat Kua and Societe Generale Factoring Chief Executive Aurélien Viry. He joins from UOB, where he served as senior vice-president for financia

HSBC Singapore hiring will add more than 200 employees across artificial intelligence and wealth management as the lender expands two businesses central to its Asian growth strategy. HSBC plans to recruit more than 100 AI specialists and a further 100 wealth managers. A new Singapore AI centre is expected to open during the second half of 2026, with roles spanning natural language processing, data science, AI governance and human-centred design. The centre will focus on perso

RBC Wealth Management Asia has appointed six senior private bankers across Hong Kong and Singapore as competition intensifies for experienced relationship managers serving wealthy Asian clients. In Hong Kong, the firm appointed Ivy Ma as executive director, Jackson Huang as director and Malcolm Chai as associate director. Ma joins from Standard Chartered, while Huang previously worked at Bank J. Safra Sarasin, DBS, Julius Baer and Goldman Sachs. Chai arrives from UBS. In Sing

The Asia private equity industry is confronting an acute shortage of experienced portfolio company executives, creating new challenges as fundraising accelerates and investors place greater emphasis on operational value creation. Preqin data showed that the ten largest Asia-focused private equity funds closed during the first half of 2026 raised USD45.5bn, more than double the comparable period a year earlier. However, firms are increasingly finding it difficult to recruit ch