In an effort to strengthen its fragile capital base Deutsche Bank announced plans to raise at least $8.5 billion in capital and sell off a stake in its asset management business.
Startupbootcamp's fintech accelerator has announced 12 international startups selected to join its Singapore programme.
The first global fintech fund for the underserved has closed with $141 million in capital contributions. What is the next step?
With so-called Reserved Alternative Investment Funds (RAIFs), Luxembourg investment fund initiators are now offering throughout the world a first-rate, highly reputable alternative to offshore funds.
Lioncrest Global, a partnership of three former colleagues and Managing Directors from UBS Wealth Management Asia Pacific, has moved to expand its reach.
«There is in my opinion a urgent need to address the shortcomings of an unstable European Banking Union,» writes Jean Dermine, Professor of Banking and Finance at Insead, Singapore, in an exclusive essay.
It will soon be that time of the year again when private wealth managers, in search of greener pastures, begin their migration.
The once high-flying Hong Kong, Taiwan, Singapore and South Korea face similar challenges – an ageing population, slowing economy and growing inequality – they must now undertake structural reforms.
When professionals hear the word «onboarding», they normally think of the process of integrating new clients in an organized and efficient manner. However, at UBS it also has another meaning.
By replacing Airbus A340-300 entirely, Swiss has increased capacity between the two financial centers Singapore and Zurich with the flagship aircraft Boeing 777-300ER to meet market demands.
Lombard Odier Investment Managers is linking with an independent manager to offer a fusion of mainstream portfolio management with sustainability principles.
A locally based digital insurance manager platform has become the first entrant to the regulatory «sandbox» in Singapore.
The total of the fines that banks have been forced to pay since the beginning of the financial crisis is a figure with nine zeros. And there’s little hope that we have seen the end.
The United States Securities and Exchange Commission has frozen the assets of certain unknown clients at Singapore broker-dealer Maybank Kim Eng Securities on suspicions of insider trading.
Malaysian financier Jho Low is alleged to be the mastermind behind the convoluted labyrinth of offshore vehicles involved in pilfering billions from 1MBD. Has he done too good a job at hiding the assets?
GAM disappointed investors with a slide in profits and performance fees last year as clients withdrew funds. Now, the asset manager is betting on a pricey computer-based unit to push into mechanical trading. finews.com spoke to the unit's co-head.
Saxo is very digital and we run on a tight headcount because of this, Adam Reynolds, CEO Asia Pacific of Saxo Capital Markets, says in an interview with finews.asia.
The private bank J. Safra Sarasin has returned robust growth for 2016. The bank intends to use its financial strength for acquisitions – is Asia on the radar?
Hong Kong-based investor CC Land, is buying the City of London’s tallest office tower for more than one billion pounds.
GAM Chairman Johannes de Gier has decided to retire. The replacement for the long-time boss at the asset manager has been selected, but needs to be approved by shareholders first.
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