Flynt, the prestige project of Leonteq founder Jan Schoch, seems stuck. The digital wealth manager for the super-rich hasn’t yet received a banking license, despite its own assurances to the contrary.
There have been major upheavals in the shareholding structure of Swiss derivatives firm Leonteq in recent months. The latest new major investor is well known.
UBS has shaken up its equity derivatives business in Asia with several news hires as well as changing its Japanese equities leadership.
Thailand's Bangkok Bank has partnered with Nest to kick-start its international fintech startup program. Will this be the beginning of the ASEAN financial technology wave?
Although the market delivered its second best year on record, Bain & Company, in its latest annual report on private equity in the region, warns that sources of value are shifting.
As the international investigation into the billion-dollar graft scandal at 1MBD deepens, the Malaysian fund itself is remarkably calm. The country's political opposition faces an uphill battle to change that.
He is a decorated rugby player more used to attacking and finding holes in opponents' defence, now he's been hired for a prominent role advising financial firms in Asia.
ANZ is one of several private banks to pull out of Asia. Now an Australian competitor is also reviewing its wealth management operations in the Australasian region.
Deutsche Bank recently revealed a cap hike and restructuring to raise capital. Could its business in India be the next asset to be sold?
Brokerage and banking company Charles Schwab has launched Schwab Intelligent Advisory, the firm’s new hybrid advisory service that combines live credentialed professionals and advanced technology.
Educate Girls has been a portfolio organization of LGT Venture Philanthropy since 2008. The organization aims to get Indian girls into schools and thus helps overcome discrimination in this country.
J.P. Morgan Private Bank has named a new CEO for Asia. The move comes after last September's internal shift which saw Andrew Cohen named Head of J.P. Morgan's international private banking business.
EFG International had a difficult 2016 – and BSI, which the Swiss private bank acquired towards the end of the year, also lost client funds. Now, EFG wants to pay less than originally agreed for the Ticino-based bank.
The former Head of Chinese Domestic Institutional Equity Sales at GaoHua Securities, the Goldman Sachs onshore joint venture, is to join UBS.
Swiss wealth manager UBS has set up a new desk to meet the growing needs of foreign residents in Singapore.
The former head of the ultra-high net worth team at UBS has been appointed into a newly created role at J. Safra Sarasin.
Malaysia's CIMB is the latest bank to tap into the large, but underserved, seam of wealth in Thailand. Who will be next to join the cluster of wealth managers in Bangkok?
Financial services group Manulife has become the first financial institution to receive an Investment Company Wholly Foreign-Owned Enterprise License in China.
Former BSI banker Yeo Jiawei is already in jail for tampering with witnesses to the 1MDB corruption scandal. His troubles are far from over.
Offshore law firm Ogier has advised on an innovative and high profile Asian fund launch, one of the first hedge funds established under the new Cayman Islands Limited Liability Companies Law.
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