Tuesday, 19 November 2024

FINANCE Tuesday, 16 May 2017 06:57

IBM And UBank Launch RoboChat

One of Australia’s digital only banks has tapped into cognitive technology to simplify the home loan application process with an innovative virtual assistant.

FINANCE Tuesday, 16 May 2017 06:52

UBS Hires Citigroup Veteran

UBS is poaching a prominent Citigroup executive to run $600 million of its investments. Her hire follows the departure of one of the Swiss bank's highest-profile female asset management executives.

FINANCE Tuesday, 16 May 2017 06:43

Credit Suisse Poaches Ex-Veteran UBS Banker

Credit Suisse said it is hiring a prominent private equity executive and former long-standing banker with UBS as a senior advisor in Japan.

FINANCE Tuesday, 16 May 2017 06:38

UBS Broker Overhaul Wins a Fan

UBS wants to rewrite the rules of American brokerages, where it is a dwarf among giants. Nearly one year after breaking a major industry taboo, the Swiss bank has prominent support.

FINANCE Tuesday, 16 May 2017 06:34

Asian Real Estate Deal Sizes Drop

Despite Chinese fund flows slowing commercial real estate investment across Asia rose during the first quarter of 2017, will it continue? 

FINANCE Tuesday, 16 May 2017 05:47

GIC «Disappointed» on Unprofitable UBS Stake

Singapore's sovereign wealth fund said it had swallowed a loss after selling down a crisis-era investment in UBS. A similar investment in American investment bank Citigroup brought the city-state more joy.

FINANCE Monday, 15 May 2017 23:49

Singapore's GIC Offloads UBS Stake

UBS' largest shareholder, Singapore's sovereign wealth fund, said it is trimming its stake in the Swiss bank to less than 3 percent. The secretive state fund was mum on its reasons for the move.

FINANCE Monday, 15 May 2017 14:53

UBS: French Settlement After All?

France is prepared to prosecute UBS over tax evasion and money-laundering, after several failed attempts at settlements. Until now unyielding, CEO Sergo Ermotti is signaling that the Swiss bank wants to return to the negotiating table.

FINANCE Monday, 15 May 2017 14:34

Swiss Banking: An Export Industry?

Cheese, chocolate, watches...and private banks? Switzerland’s financial advisors to the wealthy want to position themselves alongside the country’s best-loved exports. finews.asia checks on their progress.

FINANCE Monday, 15 May 2017 13:19

New Funds Get Help in Hong Kong

As Hong Kong continues to develop as an asset management centre, hedge fund start-ups in the city will now be able to tap into a new resource from a global law firm.

FINANCE Monday, 15 May 2017 12:33

Industry Veteran Stands Down

ING Bank has announced the retirement of its Corporate Finance Head in Asia.

FINANCE Monday, 15 May 2017 11:22

Vistra Enters Australian Market

Corporate services provider Vistra has established a presence in Australia through the acquisition of a boutique chartered accountancy firm.

FINANCE Monday, 15 May 2017 07:14

Insurtech Firm Gets Bank Backing

Business interruption insurance trading platform, Audeamus Risk, has been recognised by an independent panel, led by major Australian Bank Westpac.

FINANCE Monday, 15 May 2017 07:12

U.S. Bank Escalates Virtual Push

J.P. Morgan has launched a virtual branch in China. The service eliminates the need to be physically present at bank branches. 

FINANCE Monday, 15 May 2017 07:10

London And Hong Kong Cooperate

A year after Singapore's regulator and the United Kingdom's Financial Conduct Authority inked an agreement, Hong Kong has now followed suit.

FINANCE Monday, 15 May 2017 07:04

Schroders in Private Banking Move

British asset management firm Schroders has named a new Head of Private Banks distribution for its Asian operations.

FINANCE Monday, 15 May 2017 00:25

Henri Leimer: «Staying Grounded in Times of Rapid Growth»

Liechtenstein's princely LGT bank has taken a quantum leap with the acquisition ABN Amro's Asian arm. LGT Asia boss Henri Leimer tells finews.asia why his clients don't actually care for the luxury on display at many private banks in the region.

FINANCE Friday, 12 May 2017 12:36

ANZ Chief Attacks «Bank Bashing»

ANZ chief executive Shayne Elliott has fired back strongly criticising the government’s decision to tax the assessed liabilities of Australia's largest banks.

FINANCE Friday, 12 May 2017 11:53

CBA Appoints Group Executive

Commonwealth Bank of Australia has promoted from within for a new Hong Kong based role of Group Executive for International Financial Services. 

FINANCE Friday, 12 May 2017 07:45

Julius Baer Commits to Formula E

Julius Baer has agreed to extend its partnership with the world's first electric racing circuit.  The Swiss bank's eco-sponsoring is one of several ties to film star Leonardo DiCaprio.

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