Capital Group names Stella Xu as Greater China institutional head
Capital Group, a leading US-based asset manager with over USD2.7tr in assets, has appointed Stella Xu as head of institutional business...
Aug 16, 2024
Top China fund executive resigns amid probe
Henry Zhao Xuejun, long-time chairman of Harvest Fund Management, one of China’s largest mutual fund firms, has resigned amid a personal...
Aug 12, 2024
Philippines central bank to approve new digital banks from January 2025
The Monetary Board has approved lifting the moratorium on new digital banking licences starting January 1, 2025, allowing up to ten...
Aug 12, 2024
CITI Wealth names Yeo Wenxian head of wealth for Asia South
CITI Wealth announced the appointment of Yeo Wenxian as the new head of wealth for Asia South and CEO of Citibank Singapore, effective...
Aug 7, 2024
BlackRock strengthens Chinese team with key investment role changes
BlackRock’s Chinese fund management subsidiary has announced key personnel changes to enhance its investment team. Lu Wenjie is now the...
Aug 6, 2024
Prudential names Angel Ng as Greater China CEO
Prudential has appointed Angel Ng, a former senior leader at Citi, as the new CEO for its Greater China, customer, and wealth businesses....
Aug 5, 2024
Northern Trust expands Singapore team with key appointments
Northern Trust has appointed Kai Jebens as head of client development for Southeast Asia and Chris Vera as senior digital solutions...
Aug 2, 2024
Singapore regulator bans asset management firm’s ex-CEO for two years
The Monetary Authority of Singapore (MAS) has issued a two-year prohibition order against Sun Quan, the executive director and former CEO...
Aug 2, 2024
JPMorgan appoints New Asia-Pacific ECM co-heads
JPMorgan Chase announced new leadership appointments in its Equity Capital Markets (ECM) for Asia-Pacific, naming Sunil Dhupelia and...
Jul 30, 2024
HKIFA suggests more inclusive ETF trading under stock connect
The inclusion of eligible exchange-traded funds (ETFs) under Stock Connect, which facilitates trading between mainland China and Hong...
Jul 24, 2024
MG Non-Life Insurance fails to attract buyers in third sale attempt
MG Non-Life Insurance’s third attempt to secure a new owner has failed, highlighting concerns over its financial health. Samjong KPMG,...
Jul 23, 2024
Goldman Sachs appoints Jaehoon Ahn as co-country head for Korea
Goldman Sachs has named Jaehoon Ahn as the new co-country head and head of investment banking for Korea, effective mid-August. Ahn,...
Jul 23, 2024
Malaysia’s pension fund launches new stewardship policy
The Employees Provident Fund (EPF) of Malaysia has introduced the EPF Sustainable Investment Stewardship Policy, marking its position as...
Jul 19, 2024
HSBC appoints Georges Elhedery as new CEO from September
HSBC announced the appointment of Georges Elhedery as the new group CEO effective September 2, succeeding Noel Quinn, who will depart...
Jul 19, 2024
ADB holds growth forecasts for Southeast Asia steady
The Asian Development Bank (ADB) maintained its 2024 and 2025 growth projections for Southeast Asia, citing a “solid improvement” in...
Jul 18, 2024
