
Sumeet Chatterjee
Reuters
- Mumbai, Maharashtra, India
- sumeet_chat
- in/sumeet-chatterjee-78884230
Covers
Publications
- reuters.com10 articles
- Reuters3 articles
Writes Most On
- China tightens rules on wealth management, boosting prospects for foreign banks8 Mar 2019—reuters.comHONG KONG (Reuters) - China’s efforts to tighten oversight of its $20 trillion-plus wealth management industry are spurring foreign banks to speed up plans to enter the local market or expand there, six people involved in the discussions said. FILE PHOTO: A man stands on The Bund in front of Shanghai's financial district of Pudong in Shanghai, China February 26, 2018. REUTERS/Aly Song China’s wealth-management industry is the fastest-growing in the world but has historically been linked to...
- Hong Kong's NWS Holdings to buy FTLife Insurance for $2.8 billion28 Dec 2018—reuters.comHONG KONG (Reuters) - Hong Kong’s NWS Holdings Ltd (0659.HK) has agreed to buy FTLife Insurance Co Ltd for HK$21.5 billion ($2.8 billion) from Chinese financial holding firm JD Group, in the biggest-ever insurance acquisition deal in the Asian financial hub. NWS, the infrastructure, logistics and transport services unit of conglomerate New World Development Co Ltd (0017.HK), expects the deal to help diversify its business and generate recurring income, it said in a statement late on...
- Hong Kong to license 1st online-only insurer in fintech push30 Nov 2018—reuters.com* First online-only licence next month under fast-track system * Regulator says to implement capital protection fund by 2020 * Plans to implement risk-based capital regime by 2021-2022 By Sumeet Chatterjee and Alun John HONG KONG, Nov 30 (Reuters) - Hong Kong is set to license its first online-only insurer under a “fast-track” system next month, the regulatory head said, as it fights off criticism for being slower to make use of new technology than other parts of the financial services...
- A banker's woe: Chinese wealth may get harder to snag for global bankers24 Oct 2018—reuters.comHONG KONG/SHANGHAI (Reuters) - News of a foreign wealth manager being denied exit from China last week is raising concerns for global private banks, as they seek to tap trillions of dollars of wealth offshore in the face of Beijing’s growing curbs on overseas investments and outflows. FILE PHOTO: An investor watches a board showing stock information at a brokerage office in Beijing, China October 8, 2018. REUTERS/Jason Lee The banker, a Singapore-based member of UBS wealth management...
- Goldman Sachs changes Asia investment banking leadership: memo22 Oct 2018—reuters.comHONG KONG (Reuters) - Goldman Sachs Group Inc (GS.N) has named veteran banker Todd Leland as its investment banking head for Asia Pacific excluding Japan, according to an internal memo seen by Reuters, adding to leadership changes at the bank with CEO David Solomon taking over this month. FILE PHOTO: A sign is displayed in the reception of Goldman Sachs in Sydney, Australia, May 18, 2016. REUTERS/David Gray/File Photo Leland, an American who joined Goldman in 1992, will replace Andrea Vella...