Tag: Hong Kong
Investors in Hong Kong are a savvy lot, says survey
Hong Kong PWM industry expects 5-10% annual growth in AUM, zeroes in on serving China wealth: PWMA
October Regulatory Round-up: US sanctions’ vague definition leaves FIs with less space to comply; HK confident of acting as a conduit to China’s wealth; FSB: Multilingual environment is challenging for tech tools
Movers & Shakers – October 2020
Credit Suisse PB nabs two Hong Kong bankers from BNP Paribas WM
HSBC to ”broaden the wealth agenda” in Asia as WPB 3Q20 revenue falls 13% YoY
Vague definition of ‘significant transactions’ in US sanctions act leaves FIs with less space to comply
Investors will increasingly rely on advisors to weather the US elections: UBS
Quintet Switzerland names Asia International market head
Tax amnesty alone may be “insufficient” to lure Taiwan HNWIs’ assets onshore
Hong Kong confident of acting as a gateway to mainland China
SFC facilitates use by intermediaries of online trading platforms
Building long-term client relationships a weak spot for Hong Kong banks: EY
HSBC names Hong Kong head of Wealth and Personal Banking
SFC proposes risk-based AML rules to align with FATF comments
Singapore accountability regime possibly more “operational heavy” than Hong Kong
SFC implements changes to the open-ended fund regime
SFC removes all investment restrictions for private OFC funds
Pictet Wealth Management’s Alex Ng: “I love a challenge, I love to build”
SFC bans ex-CITIC RM for life
AUM of Hong Kong PBs, private WMs up 19% in 2019, topping HK$9 trillion: SFC
GBA project gives momentum to Allfunds’ Hong Kong push
Family office wealth more spread between Asia’s two hubs than before: UBP
Hong Kong’s growing appetite for UCITS ETFs
BMO PB’s Asia investment head exits
Julius Baer 1H20 net profit hits record high but AUM dips 6% YTD
SFC reassures NSL won’t affect hedging and short selling in Hong Kong
The Capital Company brings in ETF specialist to expand DPM coverage
Almost half of affluent and HNW investors keen on investing 5-15% in SI: StanChart PB
HSBC PB: Mildly overweight on global equities for 2H20, staggered and U-shaped recovery expected
Only half of HK’s affluent seek regular financial advice: HSBC FinFit Survey
Lufax Holding’s Hong Kong subsidiary receives licences for investment and WM services
BNP Paribas WM loses Asia head of structured products
Credit Suisse adds UBS veteran to Asia PB trading and sales team
Recovery slower than anticipated, with new trends accelerating: Pictet
Wealth Dynamix partners with Connective to digitalise WM agreement process
MAS calls news of large fund flows from Hong Kong to Singapore “incorrect”
Hong Kong and Singapore banks cite regulation as holding back Open Banking: Finastra
Completely remote onboarding still elusive for Hong Kong PBs
StanChart appoints global head of wealth proposition, regional head of WM for Greater China and North Asia
Citi Private Bank adds senior VP to investment management team as IM director exits
UBS: HK National Security Law brings short term market shocks, but capital flight yet to be seen
HKMA to take closer look at front office incentives following banking culture review
UBS’s Amy Lo and August Hatecke: “Great chemistry, successful revamp”
Banks’ fintech adoption shows early signs of payoff: HKMA
Raffles FO hires managing director in Greater China drive
