The asset management arm of New York-headquartered MetLife has agreed to acquire PineBridge Investments from Hong Kong tycoon Richard Li’s Pacific Century Group. MetLife Investment Management (MIM) ...

Deepali Bhargava joins the Netherlands-based financial institution from KKR and will lead the research team in the region. ING announced on Wednesday that it had appointed Deepali Bhargava as the new ...

A raft of Swiss pure-play private banks have made major Asia C-suite hires in late 2024. Although the end of 2024 is approaching, Asia’s private wealth management industry remains active. Most notably ...

Following the appointment of Tan Su Shan as group CEO, DBS has unveiled more changes to its leadership team. Han joined DBS in 2019 and after serving as group head of strategy and planning, he took on ...

Hong Kong’s banking regulator fined a local unit of CITIC over violations of anti-money laundering rules. The Hong Kong Monetary Authority (HKMA) has imposed a penalty of HK$4 million ($510,000) ...

Hong Kong has successfully attracted the Philippines’ Khos, who run a 40-year conglomerate, to set up a family office in the city. The Kho family from the Philippines has set up a family office in ...

London-headquartered HSBC has expanded a recently launched credit aimed at private banking clients to the Indian market. HSBC India has introduced a credit card for its global private banking clients, ...

Baltimore-based T. Rowe Price has announced an internal promotion to the role of head of APAC consultant relations. T. Rowe Price has promoted Cassandra Crowe to head of Asia Pacific consultant ...

Australia’s markets regulator has sued HSBC for its alleged failure to protect customers from scams resulting in multi-million dollar losses. The Australian Securities and Investments Commission (ASIC ...

The private banking arm of HSBC has hired a former Lombard Odier executive to deepen its market coverage of Singapore. Lim has more than 29 years of banking experience in Asia, most recently at ...

Moody’s notches up next year’s outlook to stable from negative. The only outlier is Asia, which won’t be doing quite as well as other regions. It sometimes seems like global banks live in some ...

Milan-listed Azimut has signed a memorandum of understanding with a Chinese asset manager for exchange-traded funds. Azimut Group and China Universal Asset Management (CUAM) have signed a memorandum ...