Manulife Asset Management appointed a UBS veteran as senior managing director, head of wealth solutions, wealth and asset management, Asia.
«Asian people have more respect and appreciation for entrepreneurs than the Swiss,» says Claude Baumann, founder of finews.asia in an interview with financial website fundplat.com. «Our Asian business partners are impressed by our performance.»
The Monetary Authority of Singapore announced the finalists for the 2017 Global Fintech Hackcelerator and Fintech Awards. A prize pool of up to $1.15 million Singapore dollars is up for grabs.
Economics Nobel Prize winner Jean Tirole reveals in an exclusive interview with finews.first how the prize changed his life, monopolies can be tamed and how regulation should strike a balance between inefficient laissez-faire and intrusive measures.
«Lots of high net worth individuals don’t have the quantum of capital to do something themselves internationally,» Justin O’Connor from Savills Investment Management says in his interview with finews.asia.
ANZ Banking Group has received $4 billion-plus offers for its wealth division and is now assessing them.
The regulators of Malaysia and Singapore signed an agreement to foster cooperation on fintech and innovation in financial services.
Citing excessive government curbs and severe regulation, UBS says it has no interest in acquiring residential assets in the Asian financial hubs.
Bank of Singapore has added a former executive director from UBS to its Hong Kong team, finews.asia can report exclusively.
A federal judge in California paused several cases seeking to seize assets stolen from Malaysia's 1MDB state fund this week, much to the chagrin of lawyers acting on behalf of asset owners.
Bidders for Commonwealth Bank of Australia's life insurance unit had until September 14 to submit their final offers. Two industry giants are slugging it out over the asset, according to reports.
Italian insurer Generali appointed a new chief customer officer in Asia. The banking and insurance expert has 25 years of experience in the industry.
Corporate service provider Vistra acquires the Corporate Services business of Deutsche Bank’s Global Transaction Banking division.
Having dealt with Switzerland’s banking industry, the U.S. judiciary now is setting its sights on Swiss insurers. Swiss Life faces a substantial fine because of risky life insurance policies.
French investment bank Natixis appointed a head of Financial Sponsors Coverage for Asia Pacific.
Luxembourg based corporate services firm SGG appointed from within for its latest senior Asian role.
Standard Chartered concluded a joint innovation agreement with data solutions provider Paxata.
A sudden departure at Credit Suisse: corporate communications boss Christoph Meier abruptly has left the company, according to research by finews.asia. The company’s communications staff is being streamlined, very much in keeping with the directions of CEO...
The Partners of Geneva headquartered bank Bordier are expanding their inner circle appointing a new limited partner.
Global Finance has named the safest banks in Asia with Singaporean banks dominating the list once again this year.
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