Wednesday, 20 November 2024

HIGH-END Friday, 20 October 2017 07:00

Tezos Fights Over ICO Millions

Cryptocurrency provider Tezos and its Swiss foundation led by Monetas boss Johann Gevers are locked in a battle. At issue? A bonus out of $400 million in proceeds from the world's largest ICO to date. 

FINANCE Friday, 20 October 2017 06:59

Marc Faber Seals His Own Coffin

Marc Faber talked himself out of several jobs with racist comments. The outrage in media and finance, where Faber was a sought-after guest, comes late: the stock market guru has long been a bare-knuckled populist. 

FINANCE Friday, 20 October 2017 06:58

Markus Signer: «We're Less Focused on Our Tradition»

How can the asset management unit of 212-year-old private bank assert its independence? By seeking outside clients and through an innovation lab for artificial intelligence, Markus Signer tells finews.asia.

FINANCE Thursday, 19 October 2017 17:24

Former NZ Prime Minister Joins Bank Board

ANZ Bank New Zealand appointed the country's former prime minister as chairman.

FINANCE Thursday, 19 October 2017 14:56

Allianz Sells Taiwan Life Insurance Portfolio

Allianz will sell part of its life insurance portfolio in Taiwan to a local insurance and financial services institution.

FINANCE Thursday, 19 October 2017 14:36

New Silkroutes Group Acquires Stake in European Fund Manager

Singapore-based investment firm New Silkroutes Group plans to operate seamlessly across European times zones in key cities, having completed a restructuring in its home base. To help it along, the company has now bought a fund manager based in Malta.

FINANCE Thursday, 19 October 2017 13:43

GAM Finds Its Footing

The Zurich-based asset manager has found its footing, hoovering up considerable client assets since June. 

FINANCE Thursday, 19 October 2017 10:16

ANZ Bank Sells More Asian Assets

ANZ is exiting a joint venture in the Philippines, continuing with its dilution of Asian based wealth and retail business units.

FINANCE Thursday, 19 October 2017 10:04

Hong Kong Group to Acquire Liechtenstein Bank

Just weeks after Luxembourg's oldest bank was sold to Chinese firm Legend Holdings, a Hong Kong listed conglomerate has also moved into European private banking. 

FINANCE Thursday, 19 October 2017 07:12

SSGA Appoints Head of Compliance for APAC

The asset management arm of State Street Corporation announced a new head of compliance for Asia Pacific.

FINANCE Thursday, 19 October 2017 07:03

Big Credit Suisse Investor Mulls Split-Up Value

A Swiss hedge fund's proposal to split up Credit Suisse was largely dismissed. The Swiss bank's biggest shareholder knows the activist investor from a previous engagement and is thawing to some of the newest ideas. 

FINANCE Thursday, 19 October 2017 06:58

Jim Rogers Invests in Fintech Bank

Hong Kong will become the home of a new fintech bank in which veteran U.S. investor Jim Rogers acquired a stake.

FINANCE Wednesday, 18 October 2017 17:18

At Credit Suisse Tidjane Thiam Faces Next Test

Tidjane Thiam has proven himself during Credit Suisse's two-year restructuring – but that's not enough for some. An activist investor's demands are a «what now» moment for the CEO.

FINANCE Wednesday, 18 October 2017 10:13

J.P. Morgan in Fintech Acquisition

In what will be the bank's first major financial technology acquisition, J.P. Morgan agreed to buy WePay.

FINANCE Wednesday, 18 October 2017 07:02

Credit Suisse: Activist Already Won

A European hedge fund manager wants to split up Credit Suisse. The idea isn't new, but credible. The activist investor cannot lose with this efforts. finews.asia explains why.

FINANCE Wednesday, 18 October 2017 07:01

Gaël de Boissard's Late Revenge?

Long-standing Credit Suisse executive Gaël de Boissard left following Tidjane Thiam's revamp of the Swiss bank. Now the French banker is back – to settle an old score?

FINANCE Wednesday, 18 October 2017 07:00

SocGen Eyes Wealth Growth Outside Asia

Societe Generale's private bank pulled out of Asia three years ago. Where has the French bank been pouring its resources after exiting the world's fastest-growing wealth market? finews.asia speaks to two high-ranking executives. 

FINANCE Wednesday, 18 October 2017 06:58

UBS Aussie Spinoff Bulks Up Board

An Australian wealth manager carved out of UBS said it will beef up its board because it is preparing for substantial growth next year. 

FINANCE Tuesday, 17 October 2017 16:12

Markel Rolls Out Fintech Insurance in Singapore

Specialist insurer Markel International unveiled a new product designed to protect fintech startups in Asia against potential claims from clients. The policy has already been on offer in the U.K.

FINANCE Tuesday, 17 October 2017 12:47

Standard Chartered Claims Digital Wealth First

British bank Standard Chartered has launched a new investment ideas service, now also live in Singapore.

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