Singapore regulator fines Bank J Safra Sarasin S$1m
Bank failed to establish source of wealth and funds of clients and beneficial owners
Vanguard to exit ETF market in Hong Kong
‘Proposed termination of the trust and the sub-funds would be in the best interests of the unitholders’
Schroders and Bocom to form wealth management JV in China
Asset manager also plans to establish a stand-alone public mutual fund company on the mainland
Bank of East Asia expands wealth management offering
It is now targeting Hong Kong investors with HK$5m