The UK private bank will apply a new review process on wealth solutions that seek to be positioned as a sustainable or ESG product on the Standard Chartered platform.
The FSC will announce in March which banks qualify to issue new structured note products after easing the regulatory framework in the country.
Singapore-based Pendulom Capital has launched Altimates, an online derivatives-based investment platform offering blockchain encrypted transactions.
The Australian Securities and Investments Commission (Asic) is seeking feedback on draft guidance covering financial product design and distribution obligations. The new obligations come into effect in April 2021.
The Singapore affiliate company of London-headquartered HSBC holdings has launched new digital solutions to support its retail banking offering.
Product issuance in November decreased by more than 12% compared to the previous month, with 1,169 products issued in the retail segment.
HSBC private banking has hired four senior executives to strengthen the key areas of family advisory services and philanthropy within its private wealth solutions business in Asia Pacific.
Bank of America Merrill Lynch has hired Arnaud Davoust as a managing director and head of equity derivatives distribution, Asia Pacific (Apac).
The issuance and sales volume of structured products in the Asia-Pacific region has shrunk significantly in 2019, compared to last year.