Botox, cigars and high-end skin cream feature in Julius Baer's sixth annual Wealth Report Asia, which monitors the cost of living in luxury and wealth creation trends.
Toronto headquartered Sun Life Assurance, has made two senior appointments to its Hong Kong unit. The new hires are aimed at innovation, digital transformation and attracting high net worth clients.
The Securities and Futures Commission in Hong Kong has barred a former employee of Hang Seng Bank from re-entering the industry for three years.
The Monetary Authority of Singapore is a «schizophrenic» agency trapped between seeking opportunities and then worrying about the risk of them going awry, MAS' head, Ravi Menon, said in unusually frank comments about the regulator's role.
The Monetary Authority of Singapore and five local Polytechnics have signed a Memorandum of Understanding to promote skills development in Financial Technology.
Asset managers Henderson Group and Janus Capital Group have unanimously agreed to an all-stock merger of equals. The new combined entity will be named Janus Henderson Global Investors.
Urs Rohner, Chairman of Credit Suisse, wrote the introduction to a new study authored by the Swiss bank on gender diversity. The study shows Swiss firms are behind in almost all measures for promoting women to key positions.
As it seeks to focus on core business in Australia and New Zealand, the National Australia Bank has finalised the sale of 80 percent of its MLC life insurance subsidiary to Nippon Life Insurance for $2.4 billion.
German bank Commerzbank, which last week announced substantial job cuts, has now sold its Commerzbank Tower in Frankfurt to Samsung Asset Management.
Following leadership changes to its Singapore and Hong Kong units, financial services firm Friends Provident International, has now undergone further changes.
With a new economic plan to build critical infrastructure, the pace of urbanisation in Myanmar is expected to grow at a faster rate in the coming years, writes Jovi Seet, Partner at PwC Myanmar, and highlights some projects in the pipeline.
«From shirtsleeves to shirtsleeves in three generations» is the entrepreneurial adage that the founder's grandchildren are more likely to fritter away the family's fortunes than maintain the corporate jewel. A takeover battle over a Swiss family-owned firm is a...
Banks Don't Want to Leave London Post-Brexit, City Watchdog Boss Says The Future of Banking: Truth is Rarely Pure and Never Simple Top Money Manager: «We Avoid Tesla Because of Elon Musk» 1MDB and the Affected Banks: 100 Headlines
UBS is deliberating whether to pass on to more of its clients charges on Swiss franc deposits imposed by Switzerland's central banks, CEO Sergio Ermotti said at an investor conference in London.
Standard Chartered continues to calibrate its structure in Singapore and has announced the addition of another two senior bankers to its Private Banking unit and the departure of the Ultra-High-Net-Worth unit head.
The authorities in the United States have issued a stern warning to China's Agricultural Bank of China citing «significant deficiencies» at the banks New York unit.
Singapore's Fintech sector looks poised to grow as rivals around the world struggle with regulatory challenges and political upheaval, claims a new report from ACCA.
Chubb Life, the global life insurance division of Chubb, announced the appointment of several new roles in Hong Kong and Singapore and a new Chief Marketing Officer.
The doomsday investor mood surrounding Deutsche Bank has laid bare the weakness in Europe’s financial system. Disagreements over how precarious the situation actually is highlights rampant uncertainty.
Banks and financial market leaders are turning to Blockchain to create new business models, two new studies from IBM show. Two thirds of surveyed banks expect to be in production within three years.
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