Monday, 18 November 2024

PEOPLE Tuesday, 22 November 2016 08:12

New Chairwoman for Fidelity Investments

Edward «Ned» Johnson will become chairman emeritus and continue to consult periodically with the Fidelity board. He is 86 years old and will be succeeded by a person very close to him.

FINANCE Tuesday, 22 November 2016 07:43

Management Moves at Singapore Wealth Fund

Singapore sovereign wealth fund GIC has appointed a new Chief Executive Officer and calibrated its management structure both in Singapore and overseas. 

FINANCE Tuesday, 22 November 2016 06:49

Blackrock Merges Teams and Makes Several New Appointments

Investment manager Blackrock has announced the amalgamation of its institutional and retail distribution teams in Australia, and has made several appointments.

FINANCE Monday, 21 November 2016 22:42

Carsten Maschmeyer Points Accusing Finger at J. Safra Sarasin

Carsten Maschmeyer, the founder of AWD financial advisory company, is pointing to Switzerland when asked about the guilty party in regard to his tax dealings.

PEOPLE Monday, 21 November 2016 18:43

Former Credit Suisse Executive Joins Falcon Private Bank

Falcon Private Bank has appointed a well-know banker who used to work many years for Credit Suisse, as its new Global Head Products & Services and Member of the Executive Board.

PEOPLE Monday, 21 November 2016 18:18

Credit Suisse: Who Are the New Leaders of the Swiss Entity

After the Swiss legal entity of Credit Suisse has successfully started operations on Monday, the executive board is now known. These are the members of the management.

FINANCE Monday, 21 November 2016 15:49

BNY Mellon Names Head of Intermediary Distribution

BNY Mellon Investment Management has appointed a new Head of Intermediary Distribution, to work with global financial institutions and private wealth managers in Hong Kong and China.

FINANCE Monday, 21 November 2016 15:27

Stubbornly Stray Clients Are Causing Banks a Big Headache

Swiss banks have thrown out thousands of clients in recent years for not declaring their taxes. Or have they? A report from the clean-up front, where a small number of stubbornly stray clients are causing banks a big headache.

FINANCE Monday, 21 November 2016 11:46

Which Are the Jobs in Banking With the Best Work-Life Balance?

Financial centers such as Hong Kong and Singapore are at the bottom of the table of work-life balance. While these locations offer top salaries to employees, they expect a high commitment in return.

FINANCE Monday, 21 November 2016 11:45

Chinese Firm Now Largest Shareholder in European Bank

Portuguese banks have been reaching out for capital injections to boost capital to addresses the country’s regulator's requests and dilute the burden of non-performing loans.

FINANCE Monday, 21 November 2016 10:38

New Chief Investment Officer at Fullerton Fund Management

Asian and emerging market specialist Fullerton Fund Management, a wholly-owned subsidiary of Temasek Holdings, has announced the appointment of a new CIO based in Singapore.

FINANCE Monday, 21 November 2016 10:11

Aggressive Targets for Credit Suisse in Thailand

The Thai unit of the Zurich-based bank Credit Suisse is aiming for 100 percent growth in its assets under management for the wealth management firm's first year of operation.

FINANCE Monday, 21 November 2016 08:01

Oswald Gruebel: «All banks could belong to the state»

The former UBS and CS CEO Oswald Gruebel goes in hard on the low-interest policy of the central banks - and fears the worst.

PEOPLE Monday, 21 November 2016 06:59

Ex-UBS Compliance Head Joins Boutique Asset Manager

A highly regarded legal, risk and compliance expert who was head of compliance for UBS wealth management Australia, has joined a boutique asset manager in the role of General Counsel.

HIGH-END Monday, 21 November 2016 06:43

Sotheby’s Names Head of Watches

Auction house Sotheby’s has appointed an industry veteran for the role of Head of Watches in Asia.

FINANCE Monday, 21 November 2016 06:27

Mikio Kumada: «Japan Should Not Give Up This Time»

Many experts haven’t really looked closely enough at Japan, or write it off because of demographic trends, LGT’s Mikio Kumada tells finews.asia. He explains why he is optimistic for Japan's economic prospects.

FINANCE Monday, 21 November 2016 06:20

Software Firm Avaloq in Private Equity Hands?

Swiss banking software firm Avaloq is facing financial difficulties including a stumble in Singapore and has begun talking to private equity investors. Founder Francisco Fernandez risks losing his independence.

FINANCE Monday, 21 November 2016 06:07

Martin Dahinden: «We Are Turning Into What Others Think About Us»

The image of a country – much like the one of a company, product or service – isn't merely a copy of reality. It is something that needs to be shaped with great care, Martin Dahinden, Swiss ambassador to the U.S., writes.

FINANCE Friday, 18 November 2016 17:00

Inaugural Singapore Fintech Festival

The much anticipated Singapore Fintech Festival drew to a close last night with over one million Singapore dollars being handed out to fintech start-ups, financial institutions, and technology companies.

FINANCE Friday, 18 November 2016 15:31

Manulife and Standard Chartered Establish MPF Partnership

Manulife International and Standard Chartered Bank in Hong Kong are beginning a 15-year distribution partnership, which came into effect at the beginning of this month.

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