The Chief Innovation Officer at Singapore's DBS Bank has edged out competition across Europe and Asia to take the title of the «Most Disruptive» Chief Innovation Officer.
Zurich headquartered Julius Baer has been steadily adding bankers in Asia this year and has now begun to calibrate its team structures. In a note to finews.asia the bank updated its latest internal moves.
Chinese wealth and asset management services provider Noah Holdings has announced a new Chief Executive to its U.S. subsidiary and appointed a new Chief Financial Officer.
The Government of Singapore Investment Corporation is the largest shareholder of Swiss bank UBS. Now the sovereign wealth fund plans to acquire a 7.73 percent stake in Vietnam's largest bank Vietcombank.
Credit Suisse isn’t holding back in its dealings with a team of investment bankers which left the fold and joined a rival. But the petty war about the star bankers does nothing to improve the image.
South Korea is about to begin the process of introducing a fully-fledged computer-advised asset management system, the nation's financial regulator has said. Is the country ready to engage?
LGT, the bank of Liechtenstein's principal family, had a lower first-half profit than last year as hirings increased costs. On the plus side, the bank recorded an inflow of assets, thanks also to the new employees.
Veridate Financial, an emerging fund administrator and provider of consolidated reporting to family offices, based in Hong Kong has made two key appointments to their team.
In its latest report real estate services firm CBRE says Western institutions face more business challenges and are in cost-saving mode, while Asian institutions remain positive and are expanding their presence across the region.
Hollywood actor Leonardo DiCaprio purportedly received funds from scandal-tarnished Malaysian state fund 1MDB for his environmental foundation. A Swiss foundation devoted to protecting Malaysia's rainforest wants answers.
Accounting and consulting firm Deloitte has announced a change of leadership in China. With 24 offices and 13,500 people across the Middle Kingdom, Deloitte is one of the largest professional services providers in the country.
Financial services group Manulife is collaborating with Indico Data Solutions, a Boston-based company that specializes in «Deep Learning».
The top 50 richest people in Singapore have a combined estimated net-worth of more than $800 billion, in the latest 2016 report by US-news magazine «Forbes».
Standard Chartered's head of Swiss private banking is set to depart. The British bank's brand will disappear from the Geneva banking landscape. The trust business will be centralized in Singapore.
Geneva-based private bank Pictet posted a drop in first-half profits, revenue and assets on Friday. The family-controlled bank is emblematic of the problems currently facing Swiss private banks.
Fintech financing in first half of 2016 has reached almost $10 billion in the APAC region. This is almost double the amount for Asia-Pacific for the whole of 2015.
Several Japanese banks are planing to use blockchain technology for their foreign exchange services. About 30 financial institutions are expected to be on the membership list in March 2017.
Kelvin Ang Wee Keng, the second person charged in connection with Singapore’s on-going investigation of Malaysian wealth fund 1MDB, will have his pre-trial conference next month.
Innotribe, SWIFT's innovation arm, and Innovate Finance, the membership organisation for global fintech, have launched the Global Fintech Hubs Federation.
Singapore's financial regulator charged three bankers with front-running stocks in trading incidents dating back to before the financial crisis of 2008-09. It marks the first criminally pursued case of its sort in the city-state.
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