Monday, 18 November 2024

FINANCE Monday, 25 July 2016 13:08

DBS to Expand in Japan

Singapore’s largest bank, DBS has announced it will roll out its securities business in Japan next month. The New business will focus on facilitating growing Asia-Japan investment flows.

FINANCE Monday, 25 July 2016 11:34

Independent Asset Manager Continues Expansion Adds CIO

TriLake Partners, the Singapore based Independent Asset Management company, has appointed a new Chief Investment Officer. Earlier this month the firm hired a China market specialist from Credit Suisse. 

FINANCE Monday, 25 July 2016 10:54

New Financial Advisory Firm Goes Live

Beginning with approximately 280 financial advisers, British insurance company Aviva has launched Aviva Financial Advisers in Singapore. In a crowded market how will the firm sustain and grow? 

FINANCE Monday, 25 July 2016 07:01

Singapore Regulator Rebuffs Indonesian Tax Amnesty Claims

In a joint statement the Monetary Authority of Singapore and the Ministry of Finance have rebutted claims of undermining a newly implemented tax amnesty by Indonesia.

FINANCE Monday, 25 July 2016 07:01

Korea and U.K. Activate Fintech Bridge

In May this year Singapore and Britain established an official fintech conduit. Now a second Asian country has signed an agreement with the U.K., the global leader in the fintech space, for now.

FINANCE Friday, 22 July 2016 22:50

1MDB: What You Need to Know

Blatant irregularities in the Malaysian state fund have left an incriminating international money trail. finews.ch answers the key questions about the 1MDB scandal, which is keeping investigators busy in seven countries.

FINANCE Friday, 22 July 2016 17:32

Ex-Julius Baer Banker Joins Standard Chartered

Standard Chartered Private Bank has made an addition to its Hong Kong wealth management team with the appointment of a new Head of Investment Advisory.

FINANCE Friday, 22 July 2016 15:33

UBP Profits Rise After Coutts Deal

Union Bancaire Privee said first-half revenue rose more sharply than spending, bolstering profits. The Geneva-based private bank's acquisition of business from Coutts International helped.

FINANCE Friday, 22 July 2016 14:55

Global Asset Manager Enters Singapore Market

Dutch asset management firm Robeco has expanded its Asian footprint with the opening of a new office and dedicated team in Singapore. 

FINANCE Friday, 22 July 2016 09:46

National Australia Bank Reshuffles Wealth Management

National Australia Bank has made a slew of changes to its organisational structure as well as its executive leadership team. The bank claims the moves will drive its Australian and New Zealand businesses.

HIGH-END Friday, 22 July 2016 09:45

Fine Art Linked to 1MDB Seized in Switzerland

The corruption and money-laundering allegations surrounding 1MDB is widening. Several pieces of fine art, including a van Gogh and two Monets, allegedly bought with Malaysian state funds were seized from a freeport in Geneva.

FINANCE Friday, 22 July 2016 06:56

Chinese Investors Buy English Football Club

Fosun International the acquisitive Shanghai based investment company, has made another lifestyle acquisition. This time they have followed in the footsteps of other Asian investors by buying an English football club.

FINANCE Friday, 22 July 2016 06:56

Fintech: Start-ups Chosen for DBS Pre-Accelerator Challenge

Following an intense three months of training and experimentation, nine start-ups have been selected from Singapore's largest bank DBS’s HotSpot Bootcamp.

FINANCE Friday, 22 July 2016 06:55

Citi to Delist in Japan as Vice Chairman Departs

American multinational investment banking and financial services corporation Citigroup has announced it will apply for the delisting of its common stock from the Tokyo Stock Exchange.

FINANCE Thursday, 21 July 2016 18:21

UBS Slow on Spotting 1MDB Funds

UBS said it reported itself to its regulator in Singapore when scandal-hit 1MDB tried to transfer money through the Swiss bank's accounts. The bank's action wasn't quick or decisive enough for the regulator.

FINANCE Thursday, 21 July 2016 18:10

Leonteq: Expansion Eats into Profits

Leonteq posted a decline in first-half profit as spending rose. The derivatives specialist said it is cutting costs, but maintaining its strategy platform.

FINANCE Thursday, 21 July 2016 11:35

Several Banks Named in Singapore Regulator's 1MDB Update

Following the recent action by the U.S. Attorney General, Singaporean authorities have issued an update on their ongoing investigations into 1MDB-Related Fund Flows through Singapore.

FINANCE Thursday, 21 July 2016 11:08

Swiss Bank Growing Their Own Human Capital

This month Credit Suisse will be on-boarding a new batch of 43 Private Banking «Analysts» into their Singapore and Hong Kong wealth management hubs, from local and foreign universities.

FINANCE Thursday, 21 July 2016 07:23

Christopher Chu: «Brexit lessons for ASEAN»

The Brexit decision was unexpected, and markets now worry that other EU members may use the political momentum to seek their own referendum. For ASEAN the lessons of Brexit are too important to ignore, Christopher Chu from Union Bancaire Privée writes.

FINANCE Wednesday, 20 July 2016 22:06

Swiss Private Banker Enters Formula 1

A Swiss investor group is taking over Sauber, a financially troubled racing team in Formula 1. Among the investors is Raymond Baer, the honorary chairman of Julius Baer.

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