The Asia asset management arm of Prudential has hired a former Asia wealth head from Schroders in Singapore. Eastspring Investments has appointed Szu Yi Chin as head of global financial institutions ...

Singapore-based infrastructure credit platform Clifford Capital has hired an ex-Schroders executive to lead its asset management division.

A seismic $2.5 trillion wealth transition is reshaping Southeast Asia's economic landscape, demanding a paradigm shift in legacy planning, Ray Ang writes in his exclusive article for finews.asia. More ...

Japan-based Sumitomo Mitsui Trust is reportedly shutting its Hong Kong branch and moving operations to rival hub Singapore.

The Maldives is opening its doors to global investors, not just sun-seeking tourists. In a historic move to broaden its economic horizons, the island nation has partnered with Henley & Partners to ...

US asset manager T. Rowe Price has hired two former UBS executives to strengthen its distribution business in Asia. T. Rowe Price has appointed Zong Han Lee as senior director for Southeast Asia based ...

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 ...

The private banking unit of OCBC has expanded its investment advisory council with the appointment of four new members.

Japan’s Nomura is reportedly closing one of its four branches in mainland China only a few years after its opening.

The wealth arm of the Royal Bank of Canada has expanded its Asia frontline with a handful of private bankers covering the Greater China markets.

A former private banker has completed a management buyout of Bern-based asset manager OLZ’s Hong Kong unit.

HSBC-backed Hong Kong lender Hang Seng is cutting jobs as part of a restructuring and leveraging tech to improve operational efficiency.