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 ...

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 ...

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 ...

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 ...

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 ...

A former trader from Citi has won an unfair dismissal case in Hong Kong related to her termination in 2019. Cindy Lui, a former vice president and equity sales trader at Citigroup, has won an unfair ...

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 ...

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, ...

Jean-Pierre Brulard, the new CEO of Temenos, is focused on a long-term strategy to drive the company forward and rebuild trust with investors and customers. He believes the company is currently ...

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 ...