Monday, 18 November 2024

PEOPLE Friday, 19 August 2016 12:17

Goldman Sachs Creates New Roles For Growth in Franchise Business

US bank Goldman Sachs has appointed two co-Chief Operating Officers of Mergers & Acquisitions for Australia and New Zealand. 

PEOPLE Friday, 19 August 2016 02:57

Ex-BSI Asia CEO Settles Bonus Suit With Bank

The former Asia CEO of Swiss bank BSI in Singapore has settled his bonus lawsuit with the company. The bank is going to be taken over by Swiss bank EFG International.

FINANCE Friday, 19 August 2016 02:32

Retail Banking Is Losing Out

Retail banking, traditionally a profitable business, is getting less attractive despite an increase of client numbers, according to a new study. Six conclusions compiled by finews.asia.

PEOPLE Thursday, 18 August 2016 22:08

Blockchain Brain Drain at UBS

The head of the innovation laboratory of UBS in London is leaving the company. This may hamper the development of its blockchain applications.

FINANCE Thursday, 18 August 2016 15:24

IFRS 9: Leaving Bankers Speechless

Banks reporting according to the IFRS standards are faced with far-reaching rules and many are facing an uphill struggle to meet them. What does it mean for the two big banks, CS and UBS?

REAL ASSETS Thursday, 18 August 2016 14:57

Swiss Life's Real Estate King Departs

The driving force behind Swiss Life's real-estate portfolio is leaving the company, finews.ch can reveal. The departure follows disagreements with the chief investment officer over strategy.

FINANCE Thursday, 18 August 2016 12:48

Lombard Odier Teams up in the Philippines

Swiss private bank Lombard Odier has agreed a partnership with a Philippine bank to offer a new global fund to upscale clients.

FINANCE Thursday, 18 August 2016 10:59

Credit Suisse Hires Quant Expert – Plans to Build Team

Computer-based investment strategies are all the rage on Wall Street currently. Credit Suisse has now added the necessary know-how to its business – and this is only for starters.

HIGH-END Thursday, 18 August 2016 03:49

Chinese Wealth Growing in Double-Digits

A shift in personal interests reflects the fact that the Middle Kingdom also faces an aging demographic: healthcare displaced finance and investing as the top concern for wealthy Chinese.

FINANCE Thursday, 18 August 2016 03:02

First Chinese Wealth Manager With Licence From Offshore Jurisdiction

U.S. listed Chinese wealth manager Noah Holdings has obtained a licence to offer trusts to wealthy Chinese in the British offshore financial centre of Jersey.

PEOPLE Thursday, 18 August 2016 00:00

EFG Asset Management Adds Investment Veteran in the Lion City

EFG International has appointed a new head of investments for EFG Asset Management in Singapore.

PEOPLE Wednesday, 17 August 2016 22:46

Chubb Appoints Regional President for Asia

Swiss insurer Chubb Limited has appointed several senior managers in the company's Overseas General Insurance operations, including a new regional president for its Asia Pacific region.

FINANCE Wednesday, 17 August 2016 22:16

Allianz Hit by High Market Volatility

The German insurer Allianz posted a sharp drop in revenue in the first half of 2016. But life and health insurance in Indonesia and Malaysia were standouts.

FINANCE Wednesday, 17 August 2016 11:49

Malaysia Central Bank Says 1MDB Probe Closed

Malaysia's central bank said it has concluded a probe into state-run investment fund 1MDB and imposed an undisclosed penalty, according to a report.

PEOPLE Wednesday, 17 August 2016 04:50

Mayer Brown JSM Adds Banking Expert

A banking and finance expert has joined Hong Kong-based law firm Mayer Brown JSM. He brings a background in complex, cross-border transactions.

PEOPLE Wednesday, 17 August 2016 04:26

ANZ: New Chief Economist for Greater China

The new Chief Economist will have a particular focus on monetary policy and the financial liberalisation of China.

FINANCE Wednesday, 17 August 2016 04:11

Falcon Private Bank Banned From Acquiring New Singapore Business-Report

Swiss Falcon Private Bank has been banned from taking new money in Singapore due to its dealings with scandal-hit Malaysian state fund 1MDB, according to a media report.

FINANCE Wednesday, 17 August 2016 04:06

Fintech: Not Really Disruptive

Fintech is a real danger for the traditional banking business – or is it? The approach of the banking industry suggests that they're not overly worried.

FINANCE Wednesday, 17 August 2016 04:05

Hong Kong Opens Shenzhen Stock-Trading Link

Hong Kong's regulator on Tuesday welcomed a trading link to Shenzhen's stock market which will allow access to a new group of Chinese technology for foreign investors.

PEOPLE Tuesday, 16 August 2016 21:40

Old Mutual Hires New China Business Head

A former J.P. Morgan Asset Management expert on China has joined Old Mutual Global Investors. The deregulation of capital control by the Chinese government has begun to open routes in China, the asset manager says.

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