Vanguard Starts New China Unit

Vanguard Starts New China Unit Vanguard Group Inc has started a wholly foreign owned enterprise in Shanghai. Vanguard has also named Clare Zhao as the...

Aberdeen to Acquire Taiwan Fund Manager

Aberdeen to Acquire Taiwan Fund Manager Aberdeen Asset Management will acquire Taipei-based asset manager Value Partners Concord Asset Management (VPCAM) for an undisclosed sum that...

Commonwealth Bank of Australia to Review Life Insurance Unit

Commonwealth Bank of Australia to Review Life Insurance Unit Commonwealth Bank of Australia is considering options for the life insurance business, which could include a...

ANZ in Deal to Sell AmBank Stake for US$900 Million

ANZ in Deal to Sell AmBank Stake for US$900 Million Australia and New Zealand Banking Group is near a deal to sell its Malaysian banking...

Aviva Sells Friends Provident

Aviva Sells Friends Provident  Aviva has sold off Friends Provident International which made a loss of £2m in 2016, to international life assurance group RL360. "This is the...

Bank of Singapore Completes Acquisition of Barclays Singapore & Hong Kong

Bank of Singapore Completes Acquisition of Barclays Singapore & Hong Kong Bank of Singapore has completed the acquisition of the wealth and investment management of...

Alibaba Founder Starts Wealth Management Business in Hong Kong Led by Ex-UBS Banker Cooper...

Alibaba Founder Starts Wealth Management Business in Hong Kong Led by Ex-UBS Banker Cooper Liao Alibaba has entered the Wealth Management business in Hong Kong...

Eastspring Investments and Kasikorn Asset Management to Co-manage Fund in Thailand

Eastspring Investments and Kasikorn Asset Management to Co-manage Fund in Thailand Eastspring Investments and Thailand’s Kasikorn Asset Management will jointly manage a new bond fund...

Nuveen Opens Hong Kong Office & Expands Asia-Pacific Team

Nuveen Opens Hong Kong Office & Expands Asia-Pacific Team Nuveen, a TIAA company with more than $900 billion in assets has opened a Hong Kong office.  It...

OCBC NISP Bank to Launch Private Banking Service in May

OCBC NISP Bank to Launch Private Banking Service in May OCBC NISP Bank plans to launch a private banking service in May after it received...