Tuesday, 19 November 2024

FINANCE Tuesday, 10 January 2017 10:07

Barings Appoints New Korea CEO

Global asset manager Barings has announced the appointment of a new Chief Executive Officer in Korea. Former CEO Thae Khwarg retired in December 2016 after more than 20 years with the firm.

FINANCE Tuesday, 10 January 2017 07:46

Julius Baer Wants to Bring Formula E to Zurich

Zurich may soon become one of the host cities for the fledgling Formula E racing-car championship. Bank Julius Baer is determined to make its home town a new hub for the sport.

FINANCE Tuesday, 10 January 2017 07:18

Another Setback for Edmond de Rothschild

Edmond de Rothschild is going through a bad patch: the CEO of asset management has resigned, Hong Kong is about to be closed down and now comes a further retreat.

FINANCE Tuesday, 10 January 2017 07:18

Hong Kong Financial Planner Banned For Forging Signatures

The Hong Kong regulator has taken action against a former financial planning manager, banning him from the industry. Although only the second week of the year the SFC has been called into action on four occasions.

FINANCE Monday, 9 January 2017 15:57

Asian Asset Managers in For a Bumpy Ride

With the impending Donald Trump presidency and its unknown impact on the economy, the asset management industry in Asia looks set for a choppy year ahead.

FINANCE Monday, 9 January 2017 15:25

Savills IM Onboards Director in Singapore

Savills Investment Management has appointed a new Director, Fund Management for Singapore. It is the latest in a series of senior management hires as the firm further strengthens its team in Asia-Pacific.

FINANCE Monday, 9 January 2017 14:02

New Head of Group Strategy at UBS

Swiss banking giant UBS has named a new Head of Group Strategy, the new man will have responsibility for Group Corporate Development and Performance.

FINANCE Monday, 9 January 2017 12:15

UBS Set to Increase Stake in Chinese JV

Swiss bank UBS is in talks with its joint venture partner in China to increase its stake in Chinese investment bank and brokerage firm UBS Securities.   

FINANCE Monday, 9 January 2017 10:29

Sarasin Adds Japanese Expertise

Bank J. Safra Sarasin has appointed a new Managing Director, Client Advisory, to its Hong Kong team. Last year the bank made several senior hires to its Singaporean unit including a new CEO.

FINANCE Monday, 9 January 2017 07:08

Guido Schilling: «Should a New CEO Come from Within or Outside?»

Personnel decisions follow strategy, in the C-Suite as much as for the rank and file. While bringing in an outsider can be an advantage, it shouldn’t become the rule, Guido Schilling writes for finews.first.

FINANCE Monday, 9 January 2017 07:07

Heather Lowe: «Banking Secrecy is Far From Dead»

Is client secrecy dead at Swiss private banks? Far from it, Heather Lowe of Washington, D.C.-based think-tank Global Financial Integrity tells finews.asia.

FINANCE Monday, 9 January 2017 07:05

Trump, Disruption and Cameron to Kick-off UBS in Asia

Former British Prime Minister David Cameron, forever linked with the U.K.’s ongoing Brexit debacle, will be one of the most prominent speakers when UBS starts its Asian conference swing this week.

FINANCE Monday, 9 January 2017 07:04

Scandal Plagued 1MDB to be Closed

The Malaysian government is said to be making preparations to shut down the state-owned 1Malaysia Development Berhad fund.

FINANCE Monday, 9 January 2017 06:11

Daryl Liew: «What is Trump’s Impact on Asia?»

Looking back, 2016 has been a roller coaster year for financial markets, says Daryl Liew from Reyl Bank. But what can we expect for 2017?

FINANCE Friday, 6 January 2017 17:30

Banks in Singapore to Establish Clients Tax Residency Status

With effect from January 1 2017, banks and depository institutions, investment entities and custodial institutions in Singapore are now required to establish the tax residency status of all their account holders.

FINANCE Friday, 6 January 2017 12:29

Spotlight Aimed at Former BSI Boss

In the wake of the news that the former branch manager of Falcon Bank has been charged related to the Malaysian fund 1MDB, the former head of now shuttered BSI Bank in Singapore has come under the spotlight. 

FINANCE Friday, 6 January 2017 07:22

Simon Paris: «Adopting a ‘Do Nothing’ Strategy is Dangerous for Banks»

Protect, prepare and predict will become the mantra in 2017, Simon Paris, President of software firm Misys, tells finews.asia. Therefore, banks will have to invest more in regtech, risk and compliance.

FINANCE Friday, 6 January 2017 07:08

Jan Schoch's Super-Rich Bank Hits Turbulence

Jan Schoch's digital bank for the super-rich is in the starting blocks, but the unexpected departure of the Chief Executive and another founding partner have dealt painful setbacks for the Leonteq boss' vanity project.

FINANCE Friday, 6 January 2017 07:08

Ex-Citibank Employee Receives Six-Month Ban

The Securities and Futures Commission in Hong Kong has banned a former employee of Citibank from re-entering the industry for six months from 5 January 2017 to 4 July 2017.

FINANCE Friday, 6 January 2017 07:08

Australian Wealth Manager Sold

U.S. firm Arthur J. Gallagher has announced the acquisition of a Brisbane based wealth manager. The terms of the transaction have not been disclosed.

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