Wednesday, 20 November 2024

FINANCE Friday, 14 July 2017 08:56

J.P. Morgan Wanted Robo Advisor

U.S. bank J.P. Morgan currently constructing a robo-advisor for its wealth-management clients, came close to acquiring one earlier.

FINANCE Friday, 14 July 2017 08:16

Fintech Legal Move in Singapore

A Singapore law firm has appointed a Private Equity and fintech group head from a local rival.

FINANCE Thursday, 13 July 2017 18:05

Breakthrough in China For UBS

UBS said it won a key backing for its asset management business to target China's wealthy.

FINANCE Thursday, 13 July 2017 17:02

Standard Chartered's NRI Build Out

Standard Chartered private bank has issued an update on its recent hiring as it expands its global South Asia business in Singapore. 

FINANCE Thursday, 13 July 2017 14:38

Indosuez Confirms Asian Acquisition

Indosuez Wealth Management announced an agreement with Crédit Industriel et Commercial to acquire the latter’s private banking operations in Singapore and Hong Kong. 

FINANCE Thursday, 13 July 2017 13:47

Falcon Enters The Bitcoin Market

Falcon Private Bank, which is in a state of upheaval, has entered into a cooperation with Bitcoin provider Bitcoin Suisse. What is behind the Swiss private bank's move?

FINANCE Thursday, 13 July 2017 12:55

1MDB: Jho Low Hits Back

One of the most prominent faces of the 1MDB scandal is hitting back. Jho Low, a 34-year-old Malaysian party boy-investor, is a key figure in the scandal, which has felled BSI and entangled a handful of others.

FINANCE Thursday, 13 July 2017 11:30

Bank Commits to Decade of Fintech Investment

Sumitomo Mitsui Banking Corp has joined forces with a U.S. venture capital firm to back fintech startups.

FINANCE Thursday, 13 July 2017 11:08

BlackRock Makes Key Appointments

Blackrock has strengthened its digital strategy and iShares distribution capability with two new appointments.

FINANCE Thursday, 13 July 2017 08:34

Malaysian Bank Exit For ANZ

Under the leadership of chief executive Shayne Elliott ANZ has been extricating itself from certain Asian market segments, selling down and unwinding previously lauded commitments into the region.

FINANCE Thursday, 13 July 2017 07:50

Legal Pros Prepare For Tech Disruption

A new programme in Singapore is to prepare legal professionals, especially those from smaller firms, for technological disruption.

FINANCE Thursday, 13 July 2017 07:23

Ex-CS Trader Gets Investment Boost for Fintech

Success for an ex-Credit Suisse trader and his fintech startup: investors have shown their faith in his company and provided him with ample liquidity to continue his work. Another reason why established banks should watch out.

FINANCE Thursday, 13 July 2017 07:13

Chinese Conglomerate Eyes European Bank

A Chinese investment firm is said to be in final talks to purchase one of Europe's oldest banks.

FINANCE Thursday, 13 July 2017 07:09

UBS: No More Pale, Stale, Males?

The Swiss bank is seeking to rid itself of the image stuck to most private banks: that they are predominantly made up of and for conservative white men. finews.asia's take.

FINANCE Wednesday, 12 July 2017 16:51

UBS Asia Private Bank Rejigs

UBS has announced organisational changes to its wealth management and ultra-high net worth business in Asia. The moves follow the follow of high-profile private banker Ravi Raju from Deutsche Bank.

FINANCE Wednesday, 12 July 2017 14:49

UBS Settles U.S. Litigation

UBS is one of a score of banks to settle private litigation in the U.S. accusing them of rigging the interest rate benchmark. The settlement didn’t come for free though.

FINANCE Wednesday, 12 July 2017 14:35

Indonesia to Look at Money Held in Singapore

In the wake of its recent tax amnesty scheme the Indonesian authorities could be about to find another rich seam of potential funds. 

FINANCE Wednesday, 12 July 2017 12:52

M&G Boosts Asian Business

The real estate fund management arm of M&G Investments, has strengthened its senior management team in Asia with three new appointments.

FINANCE Wednesday, 12 July 2017 12:22

Ex-BSI Banker Gets 54 Months Prison Sentence

Yeo Jaiwei, the former wealth planner employed by now defunct BSI Bank, pleaded guilty in Singapore to money-laundering and cheating. 

FINANCE Wednesday, 12 July 2017 11:28

Northern Trust Adds to Greater China Team

Northern Trust has made a series of senior appointments across its institutional client service and business development teams.

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