The China securities regulator has given approval for Morgan Stanley to increase its stake in its Chinese securities venture to 49 percent. The approval means the U.S. firm is the first foreign bank to receive such consent.
Financial services company Spring FG has opened its CBD retail branch in Melbourne. The firm also operates a range of fintech services including its spring247 personal financial management platform.
The Geneva-based private bank is taking on two new partners as Anne-Marie de Weck, the doyenne of Swiss private banking, retires. Her replacement is one of Europe's most respected female bankers.
As Sergio Ermotti enters his sixth year running UBS, finews.com takes a look at the Swiss bank’s bench of talent who could succeed him.
After receiving a Qualified Foreign Law Firm licence from Bar Council Malaysia, global law firm Herbert Smith Freehills is set to open in Kuala Lumpur, Malaysia.
In a two-part interview feature with Liew Nam Soon, Managing Partner for Financial Services ASEAN, we get a deep-dive into the latest insights around the role of fintechs.
Online bank ING Direct has hired a highly regarded former Westpac banker to lead the Dutch lender's ambitious strategy of winning a larger share in the competitive Australian retail banking business.
It seems that never a day goes by these days without another piece of financial detritus tumbling out of the septic 1 Malaysia Development Berhad fund file.
After 10 years with the firm, the CEO of AXA Global Asset Management, has decided to leave the Group. The French insurance lost the head of its Hong Kong high net worth unit, David Varley, to rivals Sun Life last year.
In a move to improve its compliance standards Deutsche Bank is banning the use of text messages and WhatsApp on company-issued phones.
Last week finews.asia reported on the departure of one of UBS' top bankers in Asia Joseph Chee, who is said to have resigned to start his own fund. The Swiss bank has now made a senior hire in its Japanese unit.
In the week of their flagship Greater China Conference, Swiss bank UBS has lost one of their top bankers with the departure of the Head of Corporate Client Solutions for Asia.
After more than two decades with the bank Deutsche Bank's top man in Australia is set to retire. The German lender has named co-heads to take on other roles he had managed.
A global settlement platform has announced the launch of real-time transfers to Vietnam. facilitating real-time remittance to banks, mobile wallets and same-day transfer to cash pick-up locations.
Carey Olsen's Hong Kong office has appointed a counsel in its dispute resolution and insolvency practice as part of the firm's continued growth in Asia.
The sailing yacht known from the James Bond film «Skyfall» is up for sale – a jewel of the seas which has much more to offer than just film star allure.
UBS has suffered a setback in a high-profile French court case over hidden offshore accounts for the wealthy in Switzerland. The Swiss bank will have to pay a billion-euro bail as the case proceeds.
Fintech and compliance specialists will be in high demand this year, according to Robert Walters' 18th edition of its annual Global Salary Survey, which offers a forecast of the key segments in the job market.
Geneva-based Syz private bank has decided to shutter its office in Hong Kong. The company will focus on the European market instead.
A global law firm has launched M&A Explorer, a free, interactive research tool that allows users to examine data and create custom charts reflecting global M&A.
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