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Managed account FUM closes in on $200bn milestone

According to the latest figures, there is now about $195 billion held in managed accounts - up $33 billion in the six months to December end. ....

Victor Huang , Toby Potter , Managed Accounts , Australia Victor Huang , Clime Asset Management , Insignia Financial ,

CEO liability: boon or bane for finance sector?

A forthcoming law aimed at holding CEOs of financial firms criminally liable for lax internal controls is drawing mixed responses. Can it help root out unethical and deceptive sales of financial products? Or Will it be exploited by financial authorities to put pressure on firms? ....

Hong Kong , Soult Ukpyolsi , South Korea , National Assembly In Yeouido , National Assembly , Citizen Coalition For Economic Justice , Hong Kong Hang Seng China Enterprises Index , Hang Seng China Enterprises Index , Serious Accidents Punishment Act , Serious Accidents Punishment , Jung Ho Chul , Citizen Coalition , Economic Justice , Clime Asset Management , Optimus Asset , South Korea , He Korea Times , Orea Times , Orean News In English ,

Banks could face lawsuits over sales of risky derivatives products

Five major commercial banks in Korea — KB Kookmin, Shinhan, Hana, Woori, and NH NongHyup — are increasingly at risk of facing lawsuits from customers experiencing escalating losses. These losses stem from the purchase of equity-linked securities (ELS) products linked to Hong Kong s declining benchmark index. ....

Soult Ukpyolsi , South Korea , Hong Kong , Financial Supervisory Service In Yeouido , Kb Kookmin Bank , Hang Seng China Enterprises Index , Seoul High Court , Woori Bank , Hong Kong Hang Seng China Enterprises Index , Financial Supervisory Service , Hong Kong Linked , Jeongse Law , Clime Asset , Clime Asset Management , South Korea , He Korea Times , Orea Times , Orean News In English ,