One of Australia’s digital only banks has tapped into cognitive technology to simplify the home loan application process with an innovative virtual assistant.
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.
Credit Suisse said it is hiring a prominent private equity executive and former long-standing banker with UBS as a senior advisor in Japan.
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.
Despite Chinese fund flows slowing commercial real estate investment across Asia rose during the first quarter of 2017, will it continue?
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.
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.
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.
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.
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.
ING Bank has announced the retirement of its Corporate Finance Head in Asia.
Corporate services provider Vistra has established a presence in Australia through the acquisition of a boutique chartered accountancy firm.
Business interruption insurance trading platform, Audeamus Risk, has been recognised by an independent panel, led by major Australian Bank Westpac.
J.P. Morgan has launched a virtual branch in China. The service eliminates the need to be physically present at bank branches.
A year after Singapore's regulator and the United Kingdom's Financial Conduct Authority inked an agreement, Hong Kong has now followed suit.
British asset management firm Schroders has named a new Head of Private Banks distribution for its Asian operations.
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.
ANZ chief executive Shayne Elliott has fired back strongly criticising the government’s decision to tax the assessed liabilities of Australia's largest banks.
Commonwealth Bank of Australia has promoted from within for a new Hong Kong based role of Group Executive for International Financial Services.
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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