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PEOPLE Tuesday, 12 July 2016 22:42

Former Falcon Private Banker Joins Avaloq

The current Chief Operating Officer and Deputy CEO of Falcon Private Bank will join Avaloq. He succeeds Markus Groeninger as CEO of Avaloq’s Swiss Business Process Outsourcing centre.

FINANCE Tuesday, 12 July 2016 18:25

Leonteq Investor Increases Stake Again

A Zurich investment company has again significantly increased its holding in the derivative specialist Leonteq.

FINANCE Tuesday, 12 July 2016 18:07

Swiss President Tight Lipped on Banking Issues

At a media briefing in Singapore, Swiss President Johann Schneider-Ammann was reticent when asked consecutive questions on recent bank scandals surrounding Swiss Private Banks in the region.

PEOPLE Tuesday, 12 July 2016 17:46

Credit Suisse Makes Three Senior Hires in China

Credit Suisse strengthens its onshore coverage capabilities with three appointments to its Investment Banking and Capital Markets team.

PEOPLE Tuesday, 12 July 2016 16:35

DBS Private Bank in London Move

Singapore’s DBS Bank has announced a new wealth management office, based in London, which will serve ultra high net worth clients and family offices looking to Asia.

FINANCE Tuesday, 12 July 2016 15:05

1MDB Scandal Reaches UBS

UBS is caught up the burgeoning scandal surrounding Malaysian state fund 1MDB, according to a investigative blog. The Swiss bank may have helped funnel billions in government cash to private hands.

FINANCE Tuesday, 12 July 2016 11:39

Credit Suisse to Shut Russian Booking Platform

Credit Suisse is giving up its onshore private bank in Russia. Once considered a promising new market for the wealthy, the country is apparently not delivering the revenue to justify costs for running the unit.

PEOPLE Tuesday, 12 July 2016 11:39

Swiss President Schneider-Ammann Makes First State Visit to Singapore

Swiss President Johann Schneider-Ammann is on a state visit to Singapore from Monday to Wednesday at the invitation of Singapore's President Tony Tan Keng Yam, said the Ministry of Foreign Affairs in a statement.

FINANCE Tuesday, 12 July 2016 11:21

UBS in Hiring Freeze

UBS is said to have imposed a partial hiring freeze in part of its wealth management business. At the same time the bank will soon announce the appointment of a financial industry heavyweight as vice president.

FINANCE Tuesday, 12 July 2016 06:52

UBS Help Project Inspired in St. Moritz

UBS wants to foster girls’ education in provincial India with a special type of bond. The project, not uncontroversial, has its roots with the resourceful head of a UBS charitable foundation.

FINANCE Tuesday, 12 July 2016 06:50

Hong Kong Bank in Money Laundering Probe

Chinese financial regulators are investigating The Bank of East Asia over allegations the Hong Kong-based lender may have been used to pay out large sums of money to executives at a provincial government bank.

FINANCE Monday, 11 July 2016 20:09

UBP: Departures in Hong Kong

Following the integration of the Coutts Asia business, Geneva private bank UBP is still facing some upheaval in Asia. The Hong Kong office is undergoing a significant loss of personnel.

FINANCE Monday, 11 July 2016 17:55

Taylor Wessing on Asian Expansion Path

After announcing a new alliance in Vietnam last month, international law firm Taylor Wessing has now tied up with a local Hong Kong firm.

PEOPLE Monday, 11 July 2016 14:31

Leonteq's Jan Schoch Launches Digital Bank for Ultra-Rich

Leonteq Chief Executive Jan Schoch has a new project. He and former associates are developing a financial services platform for the ultra-wealthy, finews.asia can reveal.

HIGH-END Monday, 11 July 2016 07:14

Jian Shi Cortesi: «The Overall Pace Remains Slower Than Expected»

The growth of the middle and upper class in China is creating opportunities in sectors such as consumption, healthcare and Internet. But there are also many challenges that the Middle Kingdom is facing during its economic transition, GAM's Jian Shi Cortesi writes.

FINANCE Monday, 11 July 2016 07:13

DBS' Piyush Gupta Takes a Contrarian View on London's Future

Ebullient DBS Chief Executive Piyush Gupta was at his reassuring best when he addressed the top clients of the Singaporean bank at a recent briefing.

FINANCE Monday, 11 July 2016 07:13

Vermilion Captures Australian Fund

Financial software provider Vermilion has gone live with a leading Australian investment manager. Earlier this year the firm inked a deal with Nikko Asset Management. What are they doing right?

FINANCE Saturday, 9 July 2016 12:08

Beat Wittmann: «European Financials Are Hitting a Road Block»

Brexit accelerates an epic transformation in European finance which will deepen the divide between the big winners and losers in asset management, banking expert Beat Wittmann writes for finews.first.

HIGH-END Friday, 8 July 2016 17:50

Richard Egger: «The Real Leaders Can't Be Bought»

Managers on average are putting more time and effort into protecting their power and furthering their status than on performing their duties. In this situation, they ought to turn around and reconsider their motivations, Richard Egger, a leadership expert, writes...

FINANCE Friday, 8 July 2016 16:39

Senior Hire for Credit Suisse

Credit Suisse, Switzerland's second largest bank, who has been bulking up their Thailand offering, has now enhanced the Philippines business unit with a senior hire.

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