UBS is catering to an opaque Chinese conglomerate that other Wall Street banks are shunning. The lucrative mandates stand in contrast to the Swiss bank's reputation as a safe and secure money manager.
Commonwealth Bank of Australia has been served with a class action proceeding filed in the Federal Court of Australia in Melbourne.
LumenLab, MetLife’s Singapore-based innovation center, announced 6 finalists for its startup engagement program.
UBS is anchoring its reputation on being the world's largest wealth manager. CEO Sergio Ermotti is upset with investors who he doesn't feel honor this – a denial of the Swiss bank's basic facts.
They set out to upend the established money system and monetary supply through central banks. But the success of its authors has also fostered resentment. Wunderkind Vitalik Buterin lashes out.
Get access to selected publications of Planet of Finance. The latest is the «Rise of the RoboAdvisor» that includes the Global List of RoboAdvisors and interviews with the CEOs of the fastest growing Robo-Advisors.
The WongPartnership is the first Singapore law firm to harness artificial intelligence and document automation.
In the future, the South Pacific island of Vanuatu will accept Bitcoin for the acquisition of a citizenship.
Deutsche Bank's boss is under immense pressure from several key shareholders in the German lender.
Three major Japanese banks will trial a money transfer service with tech giant Fujitsu.
Will a new investment-grade diamond product enhance the trading and liquidity of diamonds as an asset class?
New Zealand's BNZ launches Apple Pay after customer feedback showed pent-up demand. But its parent group isn't on board.
Earlier this year China Merchants Bank's Liu Jianjun spoke of his ambition to make his bank the largest private bank in Asia.
The British Virgin Islands firm bolstered its Hong Kong Litigation and Restructuring practice with a strategic new hire.
Lloyd's boss Antonio Horta Osorio suffered five sleepless nights before he could admit he had a problem. Now, the CEO of one of Britian's largest lenders wants to help his colleagues avoid the same fate.
Banking software house Temenos has won a major new client – so major that the contract win will materially move the Genevan firm's results.
UBS stole a march on two British rivals to win a prestigious asset management mandate worth several billion Swiss francs. Why the Swiss bank won't be earning richly from the gig.
The task of tapping Swiss derivatives firm Leonteq's huge potential falls to a former Credit Suisse banker and advisor to Prince Charles. The ex-banker must make Asia a key part of his turnaround efforts.
Expansion through acquisition is one of the options for growth, so says the newly appointed head of the region at Natixis Global Asset Management.
Swiss insurance giant Zurich appointed a new chief underwriting officer in Singapore.
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