Overwhelmed by investor complaints, the Hong Kong regulator contacts UK regulators and HSBC and issues a rare public statement on the case.
Tag: HSBC
The FSA Spy market buzz – 03 April 2020
RWC hires a team; Lombard International’s new CEO; M&G has heart; Vanguard and Ant; Dividend hell; Robeco goes Baa; Hyperinflation and Weimar; and much more.
HSBC WPB appoints Apac regional head
An internal promotion follows the firm’s recent restructuring of its wealth business.
Restructuring HSBC merges WM clients
A combined unit will address “the entire spectrum of private wealth, from retail clients to ultra high net worth”.
CSRC approves six funds under MRF scheme
They include HSBC which will distribute three Asia bond products to Mainland investors.
Asia bright spot in HSBC’s downbeat results
HSBC’s group earnings fell in Q3, but Asia profits rose slightly and the bank aims to beef up the wealth management unit in the region.
HEAD-TO-HEAD: HSBC versus JP Morgan
FSA compares two Asia corporate bond funds: the HSBC Asian Bond Fund and the JP Morgan Asian Total Return Bond Fund.
HSBC GAM to bring out even more FMPs
The bank’s asset management arm joins rival firms on the fixed maturity product bandwagon as it readies three instruments for sale to Hong Kong’s retail investors.
HSBC PB fined for compliance failures
HSBC Private Bank has been reprimanded and fined for failing to record around 6000 client order phone calls in two separate incidents over a 10-month period.
Stay with China equities, says CIO
Bill Maldonado, chief investment officer at HSBC Global Asset Management, has questioned defensive strategies as these names have become expensive in the last 12 months.
