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) ...

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The investment arm of Allianz has been approved to become the first foreign asset manager to own a stake in China’s pension insurance company. Allianz Global Investors has received regulatory approval ...

The Asia chief of Indosuez Wealth Management is slated to join Lombard Odier. Lombard Odier has appointed Omar Shokur as regional head for Asia, private clients and CEO for the Singapore subsidiary, ...

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 ...

Regulators seem helpless, and banks just don’t seem - or want - to get it. What could ever possibly go wrong? Digitalization. The measure of finance industry cool and the big bad banking buzzword of ...

All financial institutions are aware of the need to implement solutions that leverage the benefits of AI. But few use cases ever pass the experimental stages, according to Broadridge’s Joseph Lo in an ...

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 ...

For most wealth managers, only the ultras count, while mere high-net-worth clients are shunted into generic investment buckets better suited to retail and core affluent clients. Tokenization could ...

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 ...

In 2025, the wealth management landscape will face a major shift headlined by flexibility, technology and self-directed clients, Martin Wong, Grandtag Financial Consultancy’s regional CEO, told finews ...