UBS, Morgan Stanley and Standard Chartered, as well as Merrill Lynch, were hit with a total $100m in fines for lapses in due diligence related to Hong Kong stock market listings.
Tag: Standard Chartered
In case you missed it (09 November 2018)
Investec hires Neuberger Berman’s head of China and Hong Kong retail; M&G hires for Hong Kong distribution; BNY Mellon IM launches Mobility Innovation Fund; Vontobel AM rolls out EM fixed income fund; Standard Chartered introduces new instant messaging features for private clients; and more…
HK emerging affluent prefers savings to funds
Nearly half of Hong Kong’s emerging affluent population makes use of savings as the preferred route to achieve financial goals, according to a survey by Standard Chartered Bank.
StanChart explores robo-advice
Standard Chartered Bank is exploring ways to integrate artificial intelligence into its businesses, one of which is robo-advisory, according to Peter Clark, regional chief information officer for Greater China and North Asia.
In case you missed it (27 July 2018)
Standard Chartered PB names new EMEA head; Are fine wines good alternative investments?; ex-SFC Alexa Lam resurfaces at ICI Global; Aviva Investors creates institutional sales role for Australia; Franklin Templeton hires new EM portfolio manager; global hedge funds see outflows in June; and more…
The FSA Spy market buzz – 13 July 2018
DBS hires; Julius Baer expands; Hedge fund woes; Artificial intelligence and robotics; Asian bond concerns; Trump and defence; advertising from Amundi, Pimco, Schroders and much more.
Study: Asia’s HNWIs expect outsized SI returns
High net worth individuals in Asia put strong returns ahead of building a better world when it comes interest in sustainable investment (SI) products, according to a survey conducted by Standard Chartered.
Standard Chartered’s Anna Marrs exits
Anna Marrs, Standard Chartered’s CEO for commercial and private banking and CEO for the Asean and South Asia (ASA) region, will be leaving the bank in September.
Stanchart Singapore fined $5m for AML breaches
The Monetary Authority of Singapore (Mas) sends a message of zero tolerance towards money laundering as it penalises two Standard Chartered entities for suspicious transfers from Guernsey, according to industry sources.
The FSA Spy market buzz – 9 February 2018
BNP Paribas AM adds, Leonteq loses; Alternatives musings; Standard Chartered’s new focus; Anyone for a guarantee?; Marketing genius; advertising on buses and much more.
