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) ...

London-based Schroders has rejigged the local leadership in Asia Pacific, following the promotion of its regional head.

Tokyo-based Sumitomo Mitsui Banking Corporation has commenced operations in its new branch in GIFT City, India’s financial and tech hub.

A family office specialist from Citi has joined Goldman Sachs in Singapore. Jonathan Gan has joined Goldman Sachs in Singapore as an executive director in the alternatives capital markets group, ...

The asset management arm of Sydney-based Macquarie has hired a new managing director for Southeast Asia. Macquarie Asset Management has appointed Gabriel Ho as managing director to support the ...

Despite the growing embrace of cryptocurrencies among institutions and retail investors, HSBC is sticking to its policy of avoiding virtual currencies and stocks correlated to them.

Singapore-based digital wealth platform Endowus has hired a former family office investment strategist to join the firm.

A 30-year veteran and former private banking executive at Deutsche Bank has joined a Dubai-headquartered firm.

The wealth management arm of UBS in Asia saw its assets surge by more than $200 billion in 2023 amid an ongoing integration with Credit Suisse.

London-headquartered HSBC’s private banking arm has announced the appointment of a head of South Asia. HSBC appoints Tommy Leung as head of global private banking, South Asia, according to a statement ...

Several payment institutions have been fined by Singapore’s financial regulator over anti-money laundering failures, including inadequate customer due diligence. The Monetary Authority of Singapore ...

Hong Kong’s regulator has fined insurance giant AIA’s local branch over anti-money laundering lapses. AIA was fined HK$23 million ($3 million) following an on-site inspection of its Hong Kong branch ...