Tidjane Thiam and John Cryan, the CEOs of Credit Suisse and Deutsche Bank, are competing in the fine art of crisis management. Thiam currently has the edge over his rival, finews.asia believes.
After releasing his bank’s 9-month trading update, ANZ Chief Executive Shayne Elliott said Asia remains an important market, but fringe businesses would go. Was it a hint that the wealth business will soon be offloaded?
Index futures, investment and asset management company Eagle Gates Group, has announced plans to launch a new wealth management club in Thailand from next month.
Credit Suisse is selling Leuenhof, a landmark property on Zurich’s Bahnhofstrasse to a real-estate investor. This is what the new owners plan to do with the building and what this means for the bankers working there.
Eight Roads Ventures has appointed a new Partner to its China Ventures team in Shanghai. Among other areas the team focuses on the growing area of fintech investment in China.
As it continues the hunt for the most promising Australian fintech startups, Sydney-based venture capital firm Reinventure has closed a fund with the backing of Westpac.
Singapore's largest bank DBS, has reported a 6 percent fall in second-quarter profit, missing estimates. The bank has been hindered by growing provisions for bad loans in the weak oil and gas services sector.
BNP Paribas Investment Partners has named the former Head of Wealth Advisory at Blackrock as the new head of its advice business for Australia and New Zealand.
In an announcement to the Australian Stock Exchange, Westpac Group CEO Brian Hartzer has said Westpac Group’s Chief Operating Officer will be leaving the bank.
While trade with other parts of the world may be significant, what really counts for East Asians are the United States. Therefore, great attention is given to presidential elections in the US, writes Urs Schoettli.
Australia’s Islamic investment company, Crescent Wealth, and KAF Investment Funds, a Malaysian investment manager, have launched the KAF Australia Islamic Property Fund. Why did they choose Australia?
Even if politicians rarely follow up on their election promises to the full, an election victory of Donald Trump would likely send stock markets tumbling, Marco Bargel argues in an exclusive essay for finews.first.
West Bromwich Albion has joined fellow English Midlands clubs Aston Villa and Wolves and has been taken over by a prominent Chinese investor.
Global fund manager Invesco has strengthened its sales team in Australia with the appointment of a new Director of Institutional Sales.
For a second time the New York bank regulator has asked Goldman Sachs for further information on the part played by the company in underwriting bond deals for the under fire Malaysian wealth fund.
Speaking to the media in Singapore, OCBC Chief Executive Samuel Tsien was keen to emphasise the ongoing commitment to welcoming and strengthening the adoption of financial technology at his bank.
The Swiss Lombard family is making its presence felt at Landolt private bank in Lausanne. Alexis Lombard has been elected to the board of directors.
A $1 billion issue of bank debt by UBS this week was met with strong interest from investors, a person familiar with the matter told finews.asia.
As the company pushes further into the Asian marketplace, institutional data and analytics firm eVestment has named a new vice president of business development for the region.
Australian bank ANZ has ratified the appointment of a Chief Economist. The move completes recent management calibration at the Melbourne based bank.
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