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) ...

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 ...

Citi and Maybank Securities have collaborated to provide securities lending services in Singapore. Citi and Maybank Securities have joined hands to deliver securities lending to Singapore's retail ...

The investment management arm of US-based Prudential Financial has announced the appointment of a Southeast Asia head. PGIM Investments has appointed Brenda Leow as head of Southeast Asia, according ...

The investment management arm of Natixis has hired a former Morgan Stanley executive to lead its wealth business across several markets in Asia. In the role, Lim will be responsible for leading the ...

New York-headquartered BNY has announced the appointment of a global markets trading head for Asia Pacific. BNY has appointed Ashvin Parkash as head of global markets trading for Asia Pacific, ...

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 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 ...

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 ...

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 ...

During the holiday season, countless Swiss professionals head to the mountains for their dose of winter sports. This year, snow conditions are favorable, and domestic ski resorts have become the go-to ...

Osaka-based Nippon Life will buy Bermuda-based insurer Resolution Life in the largest takeover ever by a Japanese insurer. Nippon Life will acquire all the shares it does not own in Resolution Life ...