Manulife Investment Management has received regulatory approval to become a wholly-owned fund management company in mainland China.
Following a challenging first half, Julius Baer saw improvements across the board including in net asset inflows and gross margins.
A near-term rebound in China is unlikely, according to J. Safra Sarasin’s chief investment officer Philipp Baertschi, with the grueling zero-Covid policy expected to remain in place until mid-2023.
HSBC has hired an ex-Citi executive to lead its wealth and personal banking unit in Singapore.
Fidelity’s investment management arm has appointed a former Credit Suisse Asset Management executive as its head of Asian fixed income.
Just back from Sharm El Sheikh, the envoy for sustainable finance from the State Secretariat for International Finance, Christoph Baumann, spoke to finews.asia about how private-sector initiatives progressed during the two-week COP27 meeting.
Moody’s is reportedly downsizing in China with the wind-down of its consulting business in the mainland.
A year ago, IPOs were abundant, but the window has for the most part largely closed. Spinoffs are increasingly moving into the spotlight.
When the time came to think about a career in my teens I had no question in my mind about what I would like to do. Simply an aspiration of running a first-class hotel and being part of a team delivering first-class service, Duncan Palmer says in an interview with...
FTX's new chief executive said that the crypto exchange underwent a «complete failure of controls», adding that he had no confidence in the latest available financial statements.
Goldman Sachs' first product in its onshore asset management venture saw limited demand amid market volatility, raising a fraction of the maximum fundraising ceiling allowed.
With the planned spinoff of CS First Boston, Credit Suisse is taking its cue from Wall Street's investment banking boutiques. The business will be even more American.
Geopolitics is further fuelling the urgency to shift economic models towards sustainable growth, Lombard Odier managing partner Frédéric Rochat writes in an article for finews.first, highlighting areas such as energy independence.
Singlife with Aviva has announced the appointment of a new group deputy chief investment officer.
Credit Suisse’s wealth management unit is seeking to sharpen its focus on a handful of markets, especially the high net worth segment where it will be «turbo-charging» the business.
Although Temenos is constantly winning new customers for its products, confidence in the Geneva-based software company remains fragile. A group of minority shareholders continues to call for a radical overhaul.
Young male adults dominate retail usage of crypto exchanges, according to a study by the Bank of International Settlements, which said the group is commonly described as the most risk-seeking segment of the population.
Singapore state investor Temasek has fully written down its investments in fallen crypto exchange FTX, calling the initial confidence in founder Sam Bankman-Fried «misplaced».
Vontobel will look to sharpen its focus in Asia specifically on structured products following a reorganization, finews.asia has exclusively learned, which will lead to the relocation of its Asia wealth management CEO back to Switzerland.
Singapore headquartered wealth and asset manager Lighthouse Canton has hired a former equity researcher from JPMorgan.
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