Switzerland's central bank has kept its monetary policy ultra-loose amid a slump in the euro zone and flight into the franc. That is about to change, an economist claims – which would be seismic for banks.
Westpac Group Chief Executive Officer Brian Hartzer, has announced that after a career with Westpac spanning more than 20 years, the bank Deputy Chief Executive Officer has decided to retire.
Credit Suisse has a U.S. partner to help it supervise its employees properly – a firm called Palantir. The Silicon Valley-based company enjoys excellent relations at government level and with the U.S. military.
A veteran equities banker in Hong Kong is returning to UBS after eight years at J.P. Morgan, finews.asia has learned. The Swiss bank hopes to win business across Asia with the hire.
German's solarisBank said it raised 26.3 million euros including from a new Japanese investor to expand its business in Asia, led by a new Chief Executive poached from Deutsche Bank.
The Chief Investment Officer for the consumer banking and wealth management divisions at Singapore's largest bank DBS is set to step down.
Digital transformation drove global technology M&A in 2016 to an all-time value record, according to the latest EY Global technology M&A report. The centre of gravity of dealmaking is also moving East.
German conglomerate Siemens is set to put its money where its mouth is by becoming the first industrial company to support a growth strategy in the region with its own bank.
Whisky as an investment has grown over recent years in Asia. Some investors never see or touch a bottle but they know the law of supply and demand.
Banks like Credit Suisse are increasingly vocal for lesbian, gay, bisexual and transgender (LGBTQ) rights. A bank CEO in Asia advocated support in a deeply personal way.
Japan has become the latest country to establish a fintech cooperation framework with Singapore. The Lion City has recently put pen to paper with the U.K., South Korea and Abu Dhabi among others.
In a rare foray South Sotheby's spring auction series swung through Singapore to show a selection of works that included a stunning Andy Warhol work that will surely break through its reserve price.
LGT will conclude the acquisition of ABN Amro’s private-banking operations in Asia by the summer. The bank will have more assets under management in the region than it has at home.
The fall out from the 1MDB saga continues to reverberate with news that the Monetary Authority of Singapore has ordered a 10-year prohibition against the former director of Goldman Sachs, with immediate effect.
Liechtenstein's LGT said it will continue to invest in expanding its business, after profit last year rose 9 percent and it took in fresh client assets at a remarkably high rate.
Following the news that current Chief Executive Mark Tucker is to exit, AIA has moved quickly to select and name his successor.
HSBC, the London based but Asian centric banking group, has named the first «outsider» to take on the chairman’s role at the bank.
Citigroup has announced that the interim fintech head, serving since August 2016, will become the permanent head of the unit.
UBS is advertising itself as a touchy-feely bank interested in pursuing life's big questions with its clients. finews.asia speaks to Johan Jervøe, the Swiss bank's chief marketer.
The definition of an emerging market has evolved strongly over time, says Stephen Dover in his essay on finews.first. That’s also why the expert sees numerous investment opportunities in those countries in 2017.
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