Wednesday, 20 November 2024

FINANCE Friday, 28 July 2017 12:50

UBS Profits Up on Private Bank

UBS' profit rose sharply in the second quarter, as the bank cut costs to shield from a revenue drop. Healthy showings from its private bank internationally as well as in the U.S. outshone investment banking.

FINANCE Friday, 28 July 2017 11:59

ANZ to Begin «Deep Restructure»

ANZ chief executive says he has no choice but to start with a blank sheet of paper and reinvent the institution to prepare for a digital world.

FINANCE Friday, 28 July 2017 10:47

Fintech Careers Begin in Hong Kong

In its ongoing tussle with regional neighbours to become the leading fintech hub, Hong Kong is now building from the ground up.

HIGH-END Friday, 28 July 2017 06:26

Chinese Snap Up London Landmark

In what could be the largest-ever transaction in the U.K. for a stand-alone office building, the tower known as the «Walkie Talkie» is about to change hands. 

FINANCE Friday, 28 July 2017 06:25

Vontobel: Two and a Half Pillars

The good news first: Vontobel's strategy of building on three business pillars paid off. The bad news: it also exposed weaknesses that the Swiss bank has been grappling with for years.

FINANCE Thursday, 27 July 2017 15:44

Citi Appoints Global Head of Investments

Citi Private Bank announced the appointment of a global head of Investments who will oversee the wealth manager's investment business worldwide.

FINANCE Thursday, 27 July 2017 13:53

Daiwa Securities in U.S. Purchase

Japan's Daiwa Securities has entered into definitive merger agreements to acquire both Sagent Advisors and Signal Hill Holdings.

FINANCE Thursday, 27 July 2017 13:27

Vontobel's Asset Locomotive Stalls

Bank Vontobel's profits slid in the first half, as growth from its traditionally fast-growing asset management arm sputtered and overall costs climbed.

FINANCE Thursday, 27 July 2017 12:26

Arab Bank Names Asian Head

The Arab Banking Corporation has appointed a new head of its Asian business, based in Singapore.

FINANCE Thursday, 27 July 2017 11:57

DBS Expands QR Code Reach

Commuters in Singapore using one of the major taxi firms can now pay instantly with QR codes using the DBS bank app DBS PayLah!.

FINANCE Thursday, 27 July 2017 11:21

Aviva Creates New Asian Role

Aviva Investors has moved to strengthen its global real estate offering in the Middle East and Asia.

FINANCE Thursday, 27 July 2017 10:57

Product Head Change at Manulife

The global asset management arm of Canada's Manulife has hired from a rival to fill a senior Asian role. 

FINANCE Thursday, 27 July 2017 10:01

Legaltech Firm Builds Robo-Lawyer

An American technology firm says that its artificial intelligence software is the world’s first robo-lawyer for real estate investing.

FINANCE Thursday, 27 July 2017 08:28

Barclays Acquisition Boosts OCBC

Reporting its second quarter results Singapore's Oversea-Chinese Banking Corporation beat analysts expectations in part due to its recent wealth activities.

FINANCE Thursday, 27 July 2017 07:15

Joe’s Biggest Worries

Has EFG International bitten off more than it can chew with the acquisition of rival BSI? finews.asia takes a look at the deal’s crucial next six months.

FINANCE Wednesday, 26 July 2017 17:52

Accenture Chooses Its Top Ten

Ten financial technology companies have been selected for Accenture’s 12-week mentorship program in the fourth annual Fintech Innovation Lab Asia-Pacific.

FINANCE Wednesday, 26 July 2017 16:12

Another Fintech Bridge Opens

In the latest move linking regional jurisdictions, Abu Dhabi and Australia have sealed an agreement on fintech cooperation.

FINANCE Wednesday, 26 July 2017 13:43

EFG Profit Slips as Outflows Hit

EFG International's profits edged lower, weighed by the cost of its Banca della Svizzera Italiana acquisition. The Swiss private bank also saw net outflows linked to the deal as well as to a scandal in Italy.

FINANCE Wednesday, 26 July 2017 11:02

New Asian Role at Lombard Odier

In an effort to boost its wealth management services in the region, Lombard Odier has named a new head of partnerships for Asia Pacific. 

FINANCE Wednesday, 26 July 2017 10:31

Digital Head Appointed at Insurance Giant

Insurance giant IAG has snapped up the former innovation head of News Corp Australia as its new chief digital officer.

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