Citi has announced two new appointments in its Commercial Bank in Asia Pacific, supporting its fastest growing businesses.
Hamilton Lane has expanded into Australia with the opening an office in Sydney and a new senior appointment.
If Eric Syz gets his way, Swiss banking will soon have a central platform to store client data. Initial talks have already taken place, says the owner of Bank Syz in an interview with finews.asia.
The largest online wealth management platform in China, Lufax, announced it will launch «Lu International» in Singapore.
Switzerland's Rothschild & Co posted a sharp rise in full-year profits, but the private bank posted a modest outflow of net funds. finews.asia reports.
Credit Suisse boss Tidjane Thiam has unveiled the Swiss bank's next move, signaling that the end of a painful three-year restructuring to axe billions from its spending and cut thousands of jobs is within grasp.
Switzerland and Singapore have deepened their cooperation in banking – including on a key push to pursue alleged tax dodgers and cheats.
The world’s largest money manager, Blackrock, is preparing to start a private fund in China after the country opened its doors a little wider to global players.
EFG International and BTG Pactual have finally reached an agreement on the eventual price for BSI. Who gave in?
Last week Citi globally reported its second quarter numbers with Asia pitching in as one of the strongest contributors to these results.
Franklin Templeton in Australia, the subsidiary of the $1 trillion Franklin Resources, is going through a management restructure.
Julius Baer has beefed up its Luxembourg-based European hub with a strategic acquisition. Now, a key banker in the Grand Duchy is departing for a British asset manager.
Bank of Communications plans to invest up to a billion dollars to set up a wholly-owned subsidiary in Hong Kong. The new entity will focus exclusively on retail and private banking business.
More robo-advisers are entering the market as digitization spreads. This is the most fundamental change that has affected financial markets since World War II, writes Rino Borini for finews.first.
One in five customers in Singapore are looking to switch from their main bank to another in the next 12 months. Banks need to act and not react, Anthony Chiam, Practice Leader at J.D. Power, says to finews.asia.
Swissquote is expanding its product portfolio and will offer its clients the opportunity to invest in bitcoin, the second Swiss banking institution to make such trading possible within a week.
Citibank Korea, and its labour union have agreed to close 90 branches and freeze layoffs. Meanwhile the U.S. bank is seeking to extend its services to Korean firms overseas.
CreditEase Wealth Management has won approval from the Securities and Exchange Commission as a registered investment advisor. The firm can now start providing advice to investors in the U.S.
The Bitcoin tsunami continues to gather height and thrust but not everyone is convinced.
UBS created a new equities role after the Swiss bank's asset management arm won a private funds license in China.
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