Tuesday, 19 November 2024

FINANCE Friday, 21 April 2017 12:52

ANZ Sells Vietnam Unit

ANZ has exited another Asian business selling off its Vietnamese retail business to a Korean financial services group. 

FINANCE Friday, 21 April 2017 10:28

UBS Boosts Back Office Capacity

Switzerland's largest bank UBS has opened a 1,200-seat support centre on the outskirts of Mumbai to reinforce its global businesses.

FINANCE Friday, 21 April 2017 08:26

Macquarie Buys U.K. Bank

The British government is selling the Green Investment Bank to Australian bank Macquarie for close to four billion Australian dollars.

FINANCE Friday, 21 April 2017 07:07

Life Ban For Hong Kong Banker

A former Bank of China banker has been given a life ban by the Hong Kong regulator.

FINANCE Friday, 21 April 2017 06:45

Ultimatum for Credit Suisse Clients

Dutch authorities have given hundreds of Credit Suisse clients an ultimatum, in a six-country investigation into alleged tax evasion using hidden Swiss accounts.

ADVERTORIAL Thursday, 20 April 2017 15:08

Can the Planet Be Saved While Making a Profit?

An increasing number of people attach importance to a sustainable way of life when it comes to investing. But is it really possible to have an influence on the finance industry by applying the law of supply and demand?

FINANCE Thursday, 20 April 2017 14:48

Senior Moves at Citi Private Bank

Citi Private Bank has promoted internally naming a new Head of Investments for Asia Pacific. The move will also see a change in the Singapore investments and advisory team structure.

FINANCE Thursday, 20 April 2017 13:37

John Major: «Banks Won't Leave London, But...»

Former British leader John Major doesn't believe big international banks will leave the the U.K. as a result of Brexit, but he sees another threat for the City of London.

FINANCE Thursday, 20 April 2017 13:12

Robo Advisor Becomes a Lender

One of the original Robo-Advisors, «wealthfront» is moving into new territory for an automated investment service, lending. How long will it be before we see the same model in Asia?

FINANCE Thursday, 20 April 2017 12:48

Barclays Former Asia CEO Retires

Barclays' former chief executive in Asia-Pacific is leaving the British bank and will retire after almost 20 years with the firm.

FINANCE Thursday, 20 April 2017 07:27

Google Watching Wealth Trends

Search giant Google recently launched its Asia Pacific financial dashboard. The tool shares how consumers across 10 countries in Asia Pacific searched for financial products over the last year.

FINANCE Thursday, 20 April 2017 06:34

Falcon Private Bank: CS Clone?

Falcon Private Bank is doing its best to bury the 1MDB scandal, expanding its business structure. The Swiss private bank has taken yet another former Credit Suisse banker for its top management.

FINANCE Thursday, 20 April 2017 06:15

Thailand Attracts Fintech Interest

Thailand's growing influence as an ASEAN fintech hub has seen another software start-up establish a development centre in Bangkok.

FINANCE Thursday, 20 April 2017 06:13

Ant Financial Rises Southeast Asian Penetration

Ant Financial, the payment affiliate of Alibaba Group, has acquired Singapore-based payment service HelloPay Group, part of Jack Ma's ongoing drive to boost the Alipay presence in Southeast Asia.

FINANCE Thursday, 20 April 2017 06:10

Credit Suisse: Ancient Rome Revisited

For the first time ever, Swiss banks have to haggle with their shareholders over top management pay. It is a power struggle that obeys one brutal principle.

FINANCE Wednesday, 19 April 2017 16:44

Vontobel Adds Key Hire From UBS

Vontobel Asset Management has appointed a former UBS banker as Head of Multi Asset Solutions. He will also become a voting member of the Investment Committee.

FINANCE Wednesday, 19 April 2017 16:27

Weak Internal Controls Expose Scandal in Chinese Private Banking

The disappearance of 3 billion yuan in China's private banking system highlights once again the banks’ weak internal controls and the risks associated with the sale of «innovative» wealth-management products.

FINANCE Wednesday, 19 April 2017 15:12

Credit Suisse Gets Investor Support

Shareholder groups have been highly critical of Credit Suisse's million-Swiss franc bonus policies. One major shareholder is coming out in support of the Swiss bank's chairman.

FINANCE Wednesday, 19 April 2017 14:54

Citi Lures Former UBS And Goldmans Bankers

Citi has snapped up two seasoned specialist Managing Directors to head up its newly-formed Resources, Infrastructure and Utilities Group.

FINANCE Wednesday, 19 April 2017 14:45

Former Citigroup Global IT Heads Invest in Singapore Data Tech Startup

Singapore data technology startup, Percipient, has closed its seed funding round, with participation from an influential group of individual investors.

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