The bank has to stump up an additional S$930m ($692.5m) in regulatory capital.
Author Archives: Michelle Ng
Michelle joined Fund Selector Asia as a reporter in 2021, covering asset and wealth management in Asia. Prior to joining FSA, she was a TV reporter and anchor at Hong Kong International Business Channel. She is a graduate of Hong Kong Baptist University, majoring in journalism. Connect with her on Twitter or LinkedIn.
Chinese property sector remains gloomy
The path for recovery for the real estate sector remains bumpy despite relaxing policy.
SEI taps into Malaysian wealth management industry
The company joins Malaysia’s Maybank Group to expand investment access for rich Malaysians.
Asian retail investors’ appetite for ESG products rises
An increasing number of new ESG funds were launched in Asia during 2021, Cerulli report shows.
HKMA adds five more banks to wealth management connect
The number of participating institutions in Hong Kong has increased to 24.
China approves Schroders wealth JV
The partnership is the third Sino-foreign joint venture wealth management company approved to start business.
Morgan Stanley supports value rotation
Growth and US equities are most exposed to rising yields, argues the investment manager.
Endowus launches passive income portfolios
The product aims to meet the needs of Singapore investors at different life stages.
Foreign funds attract most inflows in Thailand
Net assets of foreign equity funds now make up 18% of the industry.
