An asset management firm co-founded by Hong Kong billionaire Adrian Cheng is merging with a Swiss small and mid-cap equities specialist. The board of directors of Swiss-listed small and mid-cap ...

Banks scrutinize best practices after the city-state’s historic money laundering scandal. By Singapore’s standards, the scale was epic. About $2.3 billion in seized assets and at least 10 arrested and ...

Former bankers Wang Qiming and Liu Kai are the latest charged in Singapore’s headline money laundering case. The two were reportedly ambitious performers in the inustry chase for Chinese wealth. Wang ...

To achieve these goals, OCBC and the OfI will work together on initiatives to foster knowledge-sharing and facilitate relationships between OCBC and relevant UK businesses, institutions, or agencies.

Singapore continues to attract the wealth of the ultra-rich, with the number of family offices posting record growth in 2024. At the end of 2024, Singapore was home to more than 2,000 single family ...

The final defendant in Singapore's largest money laundering case pleaded guilty last Friday. The confiscated billions of dollars are held at many prestigious banks. Swiss bank Credit Suisse – now ...

Baltimore-based asset manager T. Rowe Price has hired a former executive from Amundi to join its Korea business. T. Rowe Price has appointed Jeffrey Jeon as senior director, institutional distribution ...

Media and data giant Bloomberg has formed a partnership with the Hong Kong government to support the development of the city’s family office market. Bloomberg and Hong Kong’s Financial Services and ...

Victor Aerni, CEO of Pictet Wealth Management in Asia (Image: VA) «With the new Asia Desk, we have a highly qualified team on board that is tailored to the needs of our Asian clients,» said Victor ...

The asset management arm of Vontobel has hired a former BlackRock executive in Singapore. Vontobel has appointed Clarabelle Ho as head of intermediary clients Asia, according to a statement. Ho has 15 ...

Family offices globally further reduced cash holdings in the second quarter of 2024 to add allocations to both fixed income and equities, according to a report by Citi Private Bank. The US Federal ...

The wealth management unit of BNP Paribas has hosted its 17th annual next generation event in Asia. BNP Paribas Wealth Management concluded its two-day «17th Asia NextGen Experience», according to a ...