Walter Berchtold will lead Falcon Private Bank and, separately, Christian Bucaro has become Singapore CEO for BNPP IP.
Category: News
Banking and finance hiring boom in the Philippines
The Philippines stands out in Southeast Asia in banking and financing hiring, highlighted by the latest expansion at Julius Baer.
The FSA Spy market buzz – 02 September 2016
BNPP IP promotes; South China and Manulife hires; Alts voting; EM reminders; Hedge fund billionaires; Rebranding and much more.
Investors piled into EM for wrong reasons – Hermes’ Greenberg
Investors have jumped into emerging markets for the wrong reasons, according to Hermes Investment Management’s Gary Greenberg, and with the strong possibility of a Federal Reserve rate hike, he predicts it is only a matter of time until they realise they have had their dessert before the main meal.
Aviva Investors and Hermes avoid China
Concern over credit quality and liquidity as well as transparency issues are barriers to investing in China fixed income and equities, the managers said.
Hong Kong regulator fines BNP Paribas HK$4m for overcharging
The Securities and Futures Commission (SFC) has fined BNP Paribas Wealth Management HK$4m ($515,664) for overcharging its clients.
China’s Industrial Bank to set up AM unit in HK
The Fuzhou-based bank is planning to open a non-bank financial subsidiary in the SAR to conduct business including asset management and possibly private banking services.
China ETFs gain traction
Mainland exchange trade funds reported strong August inflows, in particular the first ETF tracking China’s State-owned enterprises.
Noah shuffles senior execs
The Shanghai-based wealth management firm has appointed Ching Tao, the firm’s CFO, as chief executive officer of Noah’s first US subsidiary, which is located in Menlo Park, CA.
Henderson sees strong dividend growth in Korea
South Korea is one of the most attractive regions in Asia in terms of dividend growth potential, said Henderson Asian Dividend Income Fund co-manager Sat Duhra.
