Monday, 18 November 2024

FINANCE Tuesday, 1 November 2016 14:35

EFG Completes BSI Acquistion

Following receipt of all regulatory approvals, EFG International has announced it has completed the acquisition of BSI from BTG Pactual. What about Asia?

FINANCE Tuesday, 1 November 2016 13:00

First Trade via Robo-Adviser Service in Southeast Asia

Robo-advisory services will be predominantly utilised by pre-existing investors, with robo-advisors managing 10 percent of global AUM by 2020, new research shows.

PEOPLE Tuesday, 1 November 2016 12:51

Quantifeed Hiring from Banks

Quantifeed, a provider of digital wealth management solutions in Asia Pacific, has appointed a Chief Operating Officer and a Chief Financial Officer, alongside several other key senior hires.

FINANCE Tuesday, 1 November 2016 11:22

Singapore’s First Digital Platform

Investment advisory firm serving ultra-high net worth families globally Crossbridge Capital, has launched Connect by Crossbridge, Singapore’s first digital advisory platform serving accredited investors.

PEOPLE Tuesday, 1 November 2016 10:42

Senior Move at M&G Real Estate

M&G Real Estate recently restructured the portfolio management team of its core Asia property strategy. Now the global real estate fund manager has appointed a new Acquisitions Director in Asia.

FINANCE Tuesday, 1 November 2016 09:24

Simmons & Simmons in Singapore Joint Venture

International law firm Simmons & Simmons has announced that regulatory approval has been obtained for a new Joint Law Venture in Singapore.

FINANCE Tuesday, 1 November 2016 07:48

Millennial Money Manager app Launched

Singapore start-up FinGo Ventures, has announced a partnership with account aggregation specialists eWise, ahead of the launch of the mobile payments and bank account aggregation app, FinGo.

FINANCE Tuesday, 1 November 2016 07:45

Nine Witnesses in Ex-BSI Banker Case

Prosecutors are calling nine witnesses in their case against a former BSI private banker due to 1MDB dealings.

FINANCE Tuesday, 1 November 2016 07:30

How Tidjane Thiam Is Overtaking Sergio Ermotti

Sergio Ermotti, the boss of UBS, first launched the idea of a so-called superbank to share costs. But now it seems his cross-town rival Tidjane Thiam has been faster at coming up with a substantial plan for it.

FINANCE Tuesday, 1 November 2016 07:29

Australian Bank Links With Chinese Giant

Australia's Commonwealth Bank and Chinese billionaire Jack Ma's Alipay are set to collaborate to develop payments solutions.

FINANCE Tuesday, 1 November 2016 07:27

DBS Still Has Room for ABN Amro

After sealing a surprise deal in snaring the Asian wealth units of ANZ Piyush Gupta said, that he could not comment about any interest in acquiring the Asian private banking business of ABN Amro.

WEB'S BEST Tuesday, 1 November 2016 00:00

Web's Best – November 2016

Former Goldman's Partner in Boutique Venture Hong Kong and Singapore in Push for Fee Transparency The Trump Inc ETF OCBC's Elaine Lam: Banker Who Makes the Numbers Count Credit Suisse Moves Towards Swiss Bank Spin-off Is Private Banking on the Decline in...

FINANCE Monday, 31 October 2016 18:19

Tidjane Thiam's Breakthrough?

Tidjane Thiam had his back against the wall for most of the first half of 2016. Now, signs are mounting that the Credit Suisse boss is about to reap the first fruits of his labors at the Swiss bank.

FINANCE Monday, 31 October 2016 13:06

Trial Begins for Ex-BSI Banker

The trial of former BSI banker Yeo Jiawei commences today in Singapore. Yeo faces a total of 11 charges that include money laundering and tampering with witnesses.

FINANCE Monday, 31 October 2016 11:02

Vontobel's Private Wealth Business With Asian Clients Is Profitable

Vontobel launched a growth strategy in Asia earlier this year. Surprisingly, the business with Asian clients is already profitable in private banking. How?

FINANCE Monday, 31 October 2016 10:52

ANZ Calibrates Asian Strategy

ANZ Chief Executive Shayne Elliott told analysts that the regulatory changes over the past eight years, the competitive landscape and the need to focus resources meant ANZ was no longer the best owner for Asian wealth and retail businesses. Asia however he said,...

FINANCE Monday, 31 October 2016 08:22

DBS Acquires ANZ's Asian Wealth Business

In a surprise move the Singaporean bank DBS is to acquire ANZ’s wealth management and retail banking business in Singapore, Hong Kong, China, Taiwan and Indonesia.

FINANCE Monday, 31 October 2016 07:53

DBS Wealth Ascent Continues

Despite the challenging environment the wealth management units of Singapore's largest bank DBS continued their upward trend. The AUM will soon be bulked up again with the imminent ANZ wealth deal. 

FINANCE Monday, 31 October 2016 07:05

Asian Trading Boom is Over for Private Banks

The heady trading boom in Asian private banking is over, according to experts and private bankers. finews.ch reveals what wealthy clients want from their bankers instead, and how private banks can still make money.

FINANCE Monday, 31 October 2016 06:59

ANZ DBS Wealth Deal Imminent

After months of speculation surrounding its wealth management units, it appears that ANZ has agreed a deal with an Asian bank. ANZ has requested a trading halt and a formal announcement will be made today. finews.asia will bring the full details. 

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