Kensington Trust Group the Asian associate of private and institutional client service provider JTC, has been granted a licence by the Monetary Authority of Singapore to conduct trust business in the jurisdiction.
U.S. bank and multinational financial services group Citi has appointed a new leader for its Consumer Banking group across the increasingly important ASEAN region.
Swiss banking giant UBS announced an internal move in Hong Kong that sees the former head of the portfolio specialist unit take up a client facing team leadership role.
The former CEO of Credit Suisse is back – not a surprise to anyone who knew the work-obsessed banker. What is surprising is the billion-dollar bet he is making on a Wall Street model heading for extinction.
Have you ever wanted to be dictator of your own nation? Now you can, thanks to UBS, which has created an online game for users to create – and potentially destroy – their own national economies. finews.com gave it a try.
The former head of Credit Suisse, American Brady Dougan, is back in the business. And he has big plans in banking, with a little help from the Middle East.
Switzerland's biggest online bank issued a profit warning, attributing a lull in trading to a series of political uncertainties since the summer. It won't reach its earnings growth target of 10 percent for the full year.
Although Taiwanese and Korean insurance companies are currently the most active in overseas investments among insurers in Asia ex-Japan, it is Chinese insurers that outsource the most assets.
Swiss private bank J. Safra Sarasin has created a new role and appointed a Managing Director as Head External Asset Managers & Intermediaries, Asia.
Private banks in Singapore have enhanced disclosure standards in the Private Banking Code of Conduct. The enhanced standards expand on the existing requirement for private banks to ensure that a client is informed of the key terms of transactions.
J.P. Morgan Asset Management has appointed a new Chief Executive Officer and Country Head of global investment management for Australia.
Vontobel private bank became the focus of takeover rumors following the death of its honorary president earlier this year. Now, the bank's owner family has re-pledged its attachment to the institute.
Credit Suisse is in trouble again for helping wealthy Americans cheat on their taxes, according to a report. U.S. officials are reviving a dormant investigation – because of a renowned U.S. business professor and tax cheat with Swiss banking ties.
Business travel management firm AirPlus International and hospitality company Airbnb are developing a new integrated solution for the booking, payment and billing of business-related travel.
The trial of the ex-Banca Swizzera Italiana banker, Yeo Jiawei has re-commenced in Singapore with yet more personal revelations being exposed, including the rapid rise of the personal wealth of the banker.
In the mid-term wealth creation will only be moderate, the new Credit Suisse Research Institute report reveals. The overall growth in global wealth remained limited in 2016, continuing the trend that emerged in 2013.
In the course of the succession to the estate of Hans Vontobel, who died on 3 January 2016, the Vontobel and de la Cour families have further professionalized the management of their participations in Vontobel Holding.
Bank of Singapore, the dedicated private banking subsidiary of Singapore's second largest bank OCBC, looks set to expand its reach to the Middle East by early 2017.
The Asia ex-Japan head of credit market syndicate at UBS has left the bank this Monday, according to a media report. His origination counterpart, the co-head of Asia debt financing group, departed the same day.
Pure play private bank Julius Baer is said to have agreed to hire as many as 20 bankers from scandal plagued BSI's Singapore unit.
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