In a deal that could be worth up to $350 million, Singapore's largest lender, DBS Group, is said to be readying plans to invite bids from insurers to sell general insurance products across Southeast Asia.
Liew Nam Soon, EY Asean Managing Partner, Financial Services, discusses the new trends around how financial institutions are seeking ways to drive growth and how they are approaching fintech collaborations.
EFG International said Italy's central bank wants it out of Milan and Como in connection with alleged compliance weaknesses at recently-acquired Banca della Svizzera Italiana, or BSI.
Franklin Templeton Investments has announced the appointment of a new Managing Director, Head of Investment Solutions, Asia.
Fidelity International’s foreign-owned private fund management company in Shanghai has unveiled its first private fund in China.
Singapore's independent asset managers in April organized an evening of live Jazz, drinks and networking at the Montreux Jazz Café.
Asian equities have delivered solid returns in the first four months of the year, largely buoyed by a pickup in the global trade cycle which has led to a turnaround in earnings expectations. What's next?
As domestic demand grows, cloud based data solutions firm eVestment has appointed a new vice president of business development in Japan.
Morrison & Foerster continues to build out its Asian offering with the addition of a new private investment funds partner to their Hong Kong office.
Natixis Asset Management Asia has appointed a new Head of Asian Equities Management.
China is backing out of a deal to help shore up embattled Malaysian fund 1MDB, according to a report. The move is a setback for Malaysian leader Najib Razak.
Art owners, investors and collectors will soon be able to trade shares in fine art for the first time on a unique online marketplace utilizing Blockchain.
Withers the international law firm that works closely with entrepreneurs and high net worth clients, is expanding its Tokyo tax office with a new advisory hire.
Canada's biggest life insurer Manulife Financial, has reported a rise in first-quarter earnings, slightly beating market forecasts with help from strong sales in Asia.
Switzerland’s EFG International hasn’t so far been a strong player in Asian private banking. Following the integration of BSI, this is about to change and the company is making an extra effort to improve its chances of success.
Gold suffered a massive slide in demand in the first quarter. Inflows to exchange-traded funds shrank to a fraction of the year-ago period.
As it fights to rehabilitate flagging revenues following its restructuring, HSBC has reported a fall in its first quarter profit.
UBS plans to hire 100 wealth management client advisors over the next two years in Hong Kong, going after a bigger slice share of the mid-tier millionaire segment. Is it a bold move or one that will dilute the brand?
A former managing director at Royal Bank of Canada, is establishing a Singapore based Asian event-driven hedge fund.
National Australia Bank chief executive Andrew Thorburn said the operating environment for banks became challenging.
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