News

HSBC will provide investors with opportunities to capitalise on the growth potential of the Greater China markets through a unique risk controlled mechanism.

Bank Sarasin formed a Wealth Management Solutions team in Asia led by Anne Luke as a Managing Director. Based in Singapore, the Wealth Management Solutions will be responsible for originating, structuring and executing sophisticated tailor-made solutions for clients. Anne Luke has more than 20 years’ experience in private and investment banking, as well as private legal practice. She joins Sarasin from Credit Suisse’s Wealth Management Division in Singapore, where she had worked since April this year. Prior to joining Credit Suisse, Luke had worked at UBS for more than 10 years. She had most recently been responsible for identifying and meeting specific client needs for UBS Wealth Management. From 1997 to 2007 Luke served the Wealth Management, Investment Banking and Asset Management divisions in Legal and Compliance. She joined UBS from Chor Pee & Company, where she was a Partner. From 1992 to 1995 she was Head of Legal and Compliance, Union Bank of Switzerland, Singapore branch, which she joined from David Lim and Partners where she was also a Partner.

Hong Kong now has an online retail bond trading platform enabling investors to execute real-time trades bonds and certificates of deposit.

The Asia Credit Exposure Index (ACEI) rose from 38 to 55 last month, according to a report on Asian credit from the financial services firm.

Lender plans to step up non-US business from Asia to 50% from current 20%.

Lender expects to expand S$35bln private banking operations by adding China, Indonesia, and India market.

Sale to boost Goldman’s returns from 37% of its initial investment to about $4bln.

Private equity funds' search for SMEs and latter's financing needs prompts SCB to act as middleman.

Liechtenstein-based financial services company First Advisory Group, Vaduz is opening offices in Singapore and Hong Kong.

Customers could fulfill investment with package offering new range of financial solutions with exclusive China focus.

July total deposits rose 1.8%, with 1.1% and 2.5% rise in HK dollar and foreign-currency deposits.

Reported 10% daily average value traded growth and 19% year-on-year surge in overall derivatives trading volume.

Market with 1mln yuan per contract, targets to broaden acceptance of currency by international trade partners.

Net proceeds of the notes will be used to finance investments of CapitaMalls Asia and CapitaMalls Asia Treasury.

HK$57,305 minimum subscription can yield interest payments of 2 per cent per annum upon maturity.

Newly-appointed Senior Vice President and Head of Fixed Income, Ms Tng Kwee Lian, will take charge of the proposed trading improvements.