Zuercher Kantonalbank is the first Swiss financial company to sign a deal with China Construction Bank for the clearing of renminbi.
With the appreciation of Prime Minister Shinzo Abe’s initiative to empower women, the Government of Japan has announced the launch of the first «Japan ASEAN Women Empowerment Fund».
Private banks in Singapore are sharing with local police the names of clients embracing the Indonesian tax amnesty.
Herbert Scheidt, the man who takes of the Swiss Bankers Association, wasn't a widely expected choice for the post. The Vontobel chairman will need to act swiftly to calm the choppy waters troubling Swiss banking.
Executive search firm Heidrick & Struggles has a new partner in Tokyo, to lead the firm's Financial Services Practice in Japan and the Insurance Sector for Asia Pacific and the Middle East.
BNP Paribas Securities Services in Australia has appointed a Sales Manager for NSW and Queensland, and a Head of Private Equity and Real Estate.
Provider of financial data management solutions, eWise has announced a partnership with Singapore’s WeInvest. Their product streamlines the investment process, generally available only to high net-worth individuals.
Kuala Lumpur headquartered CIMB Group has obtained approval from the Bank of Thailand for the appointment of a new President and Chief Executive Officer of CIMB Thai.
Wealth consultant Sebastian Dovey's latest baby is Ruby, not a child, but a new award, the Oscar award for videos from wealth managers.
Decalia Asset Management has hired an experienced manager from a French rival to take care of two new funds.
Acron, a Swiss real-estate investment company, has added two experts from the world of finance to its management team. Both have been nominated as managing directors and will report to CEO Kai Bender.
Bayer’s $66 billion takeover of Monsanto is the largest cash buyout in history and Germany’s second-largest ever merger. The deal means a third-quarter windfall for Credit Suisse’s ailing investment bank.
Hong Kong's financial regulator has reprimanded and fined The Hongkong and Shanghai Banking Corporation, also known as HSBC, for regulatory breaches and internal control failings.
In a move which will make the country more attractive to potential Asian based investors, the Cypriot Cabinet has approved significant new changes to the Citizenship by Investment program.
In 2015, the Equiom Group acquired AFP Group, a trust and corporate services provider based in Hong Kong. Now Equiom has dipped into the market again further expanding its Asian footprint.
PwC Australia has recruited former Australia and New Zealand Banking Group CEO, as a Senior Advisor to support PwC’s growing Asia Practice and work with clients on executive leadership and development.
Singapore’s UOB Bank has launched two innovations that leverage contactless mobile payment technology for its customers’ convenience.
UBS tempered dividend expectations until after it has put one of its biggest legal scandals behind. It is expected to pay billions to settle allegations it mis-sold mortgage bonds in the run-up to the crisis.
U.S. investment bank Goldman Sachs likes to know what makes its interns tick, their aspirations and perspectives on life in general. The results of the survey are clear enough – and yet they come as a surprise.
US-based asset manager Pimco is going to hire around 20 new professionals in sales and marketing, operations, legal and compliance roles to facilitate its Asia Pacific expansion.
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