The French insurer has named a new head in Singapore, after the head of its business in the city-state was promoted when a longstanding Asia executive departed.
BNY Mellon has hired a longtime Mercer investment manager to foster relationships with global consulting firms in Asia markets including as Japan, Australia, Greater China and Korea.
Already at the center of a money-laundering probe, Commonwealth Bank of Australia has come clean on other hidden scandals in its business – including how it dealt with deceased clients.
The Melbourne-based bank posted a more than 5 percent rise in quarterly profit, driven by a healthy homebuilders market in Australia.
Computer-based investment strategies are a growth market and the appetite for unique market data is massive. A source for headaches for the banking industry.
Stonehage Fleming is expanding its workforce further and has hired a Swedish investment expert from EFG International.
An Australian bank fired the starting gun on the race to find an outsourcing partner to help upgrade its technology.
A Japanese lender has an unusual plan to help prop up slumping birth rates in the country.
A German fund manager is pushing further into Singapore's market with a fixed income offering. The move aims to squeeze income out of investment grade bonds without piling on risk.
Singapore's sovereign wealth fund is poaching a top executive from telecom firm Singtel in a newly-created technology role. The move aims to bolster to fund's expertise in disruptive technology.
The Swiss bank is putting its investment bank in New Zealand under new management, shortly after a wider shakeup of its top management in Asia-Pacific.
One of the world's largest private equity funds is pushing further into China, as a rival U.S. fund looms.
The beleaguered boss of the Australian bank at the center of a money-laundering scandal first had his bonus cut to zero. Now, the bank's board has addressed his future.
Traditional investment-grade bonds are coming under pressure in the face of rising interest rates, however there are alternatives available to investors, according to Werner E. Rutsch, in an essay written for finews.first.
Ray Dalio, head of the world’s biggest hedge fund, Bridgewater, is concerned about recent geo-political developments, and urges investors to protect themselves: by investing in gold.
A Hong Kong birthing station for budding fintech firms is moving to Malaysia. The key Asian market and center of Islamic finance is seen as fertile ground.
Credit Suisse is worried the mass political protests in Venezuela could impact on its reputation, and has thus imposed business restraints on its employees dealings with the crisis-torn country.
Heading to Zurich for business? When a business partner invites you out to lunch, the choice of restaurant can reveal an awful lot about his or her regard for you. Ten examples, translated by finews.asia.
In the ongoing debate over passive investing, Hedge fund manager Paul Singer takes the somewhat extreme view that the practice could prove the death knell of capitalism.
A veteran UBS Asia banker is returning to the Swiss bank two years after leaving for academica, amid a wider management shakeup under overall head Andrea Orcel spanning from Australia to New York.
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