UBS’s asset management has long been in the shadow of its wealth management and its investment bank. Two executives of the unit tell finews.asia how the bank plans to get the unit to 1 billion francs in pre-tax profit.
Commonwealth Bank of Australia and British bank Barclays have joined forces to shake-up, streamline and simplify payments between Australia and the U.K., with no more than a mobile number.
New York-based BNY Mellon has appointed a new chairman of its Asia Pacific region. The current chairman will take on the vice chairmanship of the company’s Pennsylvania market region.
Credit Suisse appointed three managers to new functions following the departure of Tim O'Hara last week .
Schroder Real Estate has created a new Hong Kong based role, Head of Asian Real Estate.
Deutsche Bank’s asset management competitors may have celebrated too soon: the German bank’s boss has roundly denied speculation that the overall unit will fall victim to a five-year restructuring plan.
M&G Real Estate has restructured the portfolio management team of its core Asia property strategy, with immediate effect.
British bank HSBC has added a former vice-chairman and chief executive of DBS to its board.
A Swiss court has ruled that UBS has to deliver detailed data on its clients to the Netherlands – even if Dutch tax authorities haven't provided names of alleged tax dodgers and cheats.
Two former asset managers of Switzerland's biggest bank have started their own firm, catering to wealthy clients.
The Singaporean and Swiss regulators have recently been busy cooperating on punishing miscreants. Now the two have agreed to expand their cooperation – on a more positive topic.
The Milken Institute's Best-Performing Cities in China series analyzes the latest and most comprehensive official data to continue tracking the recent economic performance of Chinese cities. Who is the winner this year?
Vontobel, the Swiss-based private bank, is opening the digital platform to all its customers – an offer that has just been extended in range.
Some of the world's biggest banks have struggled to meet the capital requirements defined by Basel III. The committee, which aims to tighten its rules further and has now met opposition from an unexpected corner.
Despite the clouds hanging over the banking and financial services industry, a leading global executive search and consulting firm has announced an international acquisition.
Robeco Institutional Asset Management has appointed a new Chief Executive Officer and Chairman of the Management Board of Robeco as of 19 September 2016.
Junson Capital has acquired the entire share capital of the company which owns the Doubletree by Hilton Hotel in London’s Docklands, in what is thought to be the first major hotel transaction by an overseas buyer in London since Brexit.
Swiss-based Pictet Asset Management is about to launch its Asia-biased global asset-allocation strategy and its first Hong Kong-domiciled fund.
Following the integration of its affiliates, global asset manager Barings has created a $275 billion global asset manager with distinctive expertise across traditional and alternative asset classes.
Two Swiss equity analysts are partnering with a long-time investor relations advisor on a new venture that seeks to muscle in on how brokers arrange meetings between corporate executives and potential investors.
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