Hong Kong's Financial Secretary also known as «Uncle Pringles» has resigned his post, the city's government said. Most probably he will run for the city's top job next March.
Domestic UOB is the first bank in Singapore to enable customers to use their mobile phone as their security token.
The financial regulator in Australia has banned a former employee of ANZ Financial Planning from providing financial services for a period of five years.
Hiring from a rival, international legal practice Allen & Overy has appointed an additional partner to augment its China corporate team.
A media, brand and marketing expert will join consulting firm PwC Australia in the newly created role of Chief Creative Officer.
Following its purchase of Macquarie Group’s life insurance division in March this year, Swiss insurance giant Zurich has further bolstered its presence in the region.
HSBC has launched an invitation-only membership program called Jade by HSBC Premier. The London based bank said it wanted to create a sense of longing and a desire to be a part of the club.
As it continues to reshape its senior management structure, Asian and emerging markets focused British bank Standard Chartered has made another addition.
In 2016, some of the top professionals chose to leave Private Banking. We look at 5 of the top professionals who left Private Banking in 2016:
The Swiss bank won plaudits for amping up cost cuts and lowering profit targets this week. It went largely unnoticed that Credit Suisse is tinkering elsewhere, raising troubling questions.
Dutch ING Bank has made a new senior hire in Singapore. The new head of Asian debt syndicate comes from RHB Banking Group.
The Hong Kong Monetary Authority voiced concern after a media report that more than 20 current and former employees of DBS Group were arrested in connection with an alleged leak of customer data.
Following Terry King’s decision to retire after a 36-year career in banking, ANZ has announced the successor in Taiwan.
Expecting a strong deal flow into 2017, Swiss bank UBS has hired a former «rainmaker» for a new post in M&A business in Hong Kong.
Will this be the year when China exceeds growth expectations, Brexit turns into Bremain, the Mexican peso soars and Italian banks turn out to the best performing equity asset class?
Activist investor Knight Vinke once called for UBS to split off its investment banking arm. The hedge fund has renewed its criticism of investment banks – which reads like direct criticism of Credit Suisse.
Ticino-based Banca della Svizzera Italiana hasn’t been fully integrated into EFG International yet, but the Swiss bank is already set to slash jobs and dispose of assets.
Mambu, the SaaS banking platform provider, has opened its first office in the APAC region and appointed a new regional head.
Malaysia’s troubled state investment fund 1MDB is preparing to repay Abu Dhabi’s sovereign wealth fund – with China's help, according to media reports.
Swiss private bank Edmond de Rothschild is closing its Hong Kong operations, according to media reports. It citing rising costs as the reason behind its decision.
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