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: UBS
Will China’s V-shaped performance continue?
The year-to-date China rally demonstrates the only certainty in the mainland market: wild annual swings.
UBS names new APAC president
Edmund Koh will replace APAC president Kathy Shih, who plans to retire from the bank after 32 years.
Swiss PBs see risk in trips to China
The detention of a UBS Wealth Management staffer from Singapore has rocked the private banking community and resulted in some bans on travel to the mainland, reports say.
APAC family office returns strongest among peers
Family offices in Asia-Pacific recorded the highest average return globally in 2017 at 16.4%, followed by North America (15.9%), according to UBS and Campden Wealth’s global family office report.
UBS mass market push ends with robo-advisor sale
The Swiss bank was ‘out of its comfort zone’ with the Smartwealth launch.
BOS in HK poaches three execs from rivals
Bank of Singapore has plucked executives from LGT, UBS and BNPP Wealth for Greater China roles.
In case you missed it (04 May 2018)
UBS becomes first foreign player to apply for 51% JV ownership in China; Z-Ben says not a single Chinese fund manager is willing to sell a 51% stake; Credit Suisse poaches Julius Baer veteran; UTI AM launches an India multi-asset fund in Singapore; HSBC launches two lower carbon funds in Hong Kong; HKMA alleged to launch a crypto investment product; and more…
In case you missed it (27 April 2018)
Aberdeen Standard names Andrew Hendry as APAC head of distribution; HKEX appoints its first female chairman; Pictet AM launches Asia bond fund; investors have unrealistic return expectations; MAS proposes guidelines for senior manager accountability; Asia lags in philanthropy; and more…
In case you missed it (23 March 2018)
Hong Kong’s SFC fines UBS (again); Neuberger Berman poaches Pimco’s APAC head of strategy; Pimco aims to grow its ESG platform with new hire; Prestige Fund strategy AUM breaches $100m mark; APAC institutions likes private equity; China’s WMP AUM grows by a mere 1.5%; and more…
