The Securities and Futures Commission has penalised Yeung Chun Him for breaching the code of conduct and the personal data ordinance.
Tag: HSBC
SFC bans HSBC’s Chow for life
Hong Kong’s Securities and Futures Commission has banned Andrew Chow Ho-cheung from re-entering the industry for life after he was convicted for fraud and theft.
OPINION: London vs Hong Kong – out of the frying pan…?
Even by the very nature of its name, HSBC has always been the most Asian-facing of the multinational super banks, so why does it want to extend its stay in London?
The FSA Spy market buzz 31 07 2015
New alternatives specialist fund selector at StanChart; changes at HSBC PB and GAM; another move to Standard Life Investments; new sales person for VAM and more.
BNP Paribas WM names NRI business head
Singh joins the firm from JP Morgan Private Bank, where he worked as executive director. He has about 20 years of experience in the wealth management industry and has previously worked with Barclays Wealth, HSBC Bank and ABN AMRO Private Bank. Singh is responsible for building and managing a team of relationship managers serving the […]
China equities still reasonable HSBC GAM
A series of monetary easing measures coupled with the launch of the Stock Connect in November last year has led to a sharp surge in mainland equities. The overheating in the market has led to several fund houses warn about a correction. Morgan Stanley Investment Management recently cautioned on a likely bubble in the onshore market. Friday, […]
Financial and industrial sectors have been good China bets
The two sectors have been strong performers due to various reasons. In the financial sector, banks have benefitted from a loosening monetary policy, which is expected to continue this year. The People’s Bank of China has cut both interest rate and banks’ cash reserve requirement ratio three times each since November to combat an economic […]
HSBC to base Henry Lee in UK as global head of alts
Lee will move from Hong Kong to London as part of the promotion, according to several reports. He will continue with his current responsibilities as global head of discretionary investments for the private bank. He will also grow the bank’s alternatives business and embed the alternatives product portfolio – which includes hedge funds, real estate […]
The HKG government plans another sukuk bond
In connection with a potential second US dollar sukuk, the government said it has given several mandates. HSBC and Standard Chartered Bank are joint global coordinators, joint lead managers and joint bookrunners, and CIMB and National Bank of Abu Dhabi PJSC are joint lead managers and joint bookrunners. This month, the parties will arrange a […]
BNY Mellon puts forward a provocative scenario
Don’t blindly accept the IMF’s “new mediocre” era of “low growth for a long time”. The synchronisation of rising economic growth in the US, China, Japan and India remains a plausible event, according to the bank’s research. BNY’s “G4 scenario” assumes that Japan’s average annual GDP growth is 2% for the remainder of the decade, […]