Country limits are still in place after the recent reform of the RQFII quota rules, says a source close to China's foreign exchange regulator.
Tag : standard chartered bank
Michael Benz has lamented the lack of product choice on private banking platforms. Standard Chartered's global private banking chief trumpets the benefits of a one-stop-shop bank, but Julius Baer disagrees.
Standard Chartered Bank has named the new Asean head of its ultra-high-net-worth business. It is StanChart's latest private banking hire for the segment, which it appears determined to grow.
Standard Chartered's global head of wealth management confirms the splitting of the global head of managed investments and global head of investment advisory roles within the group
China is tipped to expand the RQFII programme to up to 10 more cities this year and may approve additional quotas of up to Rmb200 billion, predicted Standard Charterd's Becky Liu.
JP Morgan becomes the latest foreign bank to receive a licence to sell mutual funds to mainland investors but, unlike its peers, it will focus on institutional investors.
The UK bank, which became the latest offshore institution to be able to sell mutual funds on the mainland, has already added seven Chinese funds to its distribution platform.
Members of the Singapore Stock Exchange can now use Citi for third-party clearing.
Standard Chartered nabs Venkatesh Rathnam from Citi to be its new global securities services operations head.
Andrew Yee of Standard Chartered IL&FS Infrastructure Growth Fund talks about Asian infrastructure post the credit crisis.
The bank now provides custody services to the Abu Dhabi Securities Exchange in the United Arab Emirates.