Rothschild Wealth Management has recalibrated its Asian business with two key appointments in Singapore and a new Head of Wealth Management for Asia. The previous Singapore wealth chief will relocate to Zurich.
The second quarter numbers for HSBC will take a painful hit with news that the bank has agreed to settle a long running legal case.
Pictet, the private bank based in Geneva, reports a change of guard at the top of the institution: out goes a partner after almost three decades and in comes another veteran at the bank.
The Swiss bank’s social media platform for the ultra-rich is moving ahead – with an intriguing strategic plan which shows that Credit Suisse hasn't entirely written off the U.S. wealth market.
In the second high profile censure in as many days, State Street Global Advisors Asia has been reprimanded and financially punished by the Securities and Futures Commission in Hong Kong.
The Monetary Authority of Singapore and the Australian Securities and Investments Commission have agreed to help financial technology businesses explore opportunities in their respective markets.
Despite a massive slide in Credit Suisse’s shares, at least one major investor has come out backing the new strategy of Switzerland’s second-largest bank.
Swiss asset manager GAM, led by Chief Executive Alex Friedman, is in the most severe crisis in its history. Its traditional business model is antiquated, and Friedman’s new strategy isn't bearing fruit yet.
After a longer than expected gestation period, the acquisition of UBS Wealth Management Australia has been completed and the new business has commenced operations.
Credit Suisse identified Thailand as an underserved wealth market and put in place a team to grow its assets there. Now the bank has made a move on-boarding a respected Thai wealth veteran.
Microsoft’s $26 billion deal to acquire professional network LinkedIn means a fee boom for investment banks. A prominent former CSFB banker is behind the megadeal.
London headquartered global asset manager Schroders, has fallen foul of the Hong Kong Securities and Futures Commission, and in the process, received a hefty fine and serious censure.
Melbourne headquartered ANZ Bank has announced the appointment of a new Chief Compliance Officer, the new appointee will report to Group Chief Risk Officer Nigel Williams.
He is always contrarian and sometimes controversial, now commenting on Brexit, Thailand based Marc Faber believes a U.K. exit could actually be good for everyone.
Investment banking bonuses at Credit Suisse in Asia, a cornerstone of the Swiss bank's new strategy, are bucking the trend of cuts seen in other financial hubs.
Dealing in contemporary art is big business – and UBS is very much part of it. The Swiss bank has now teamed up with a renowned art economist in a bid to advance its knowledge about the business.
Boutique investment manager Bentham Asset Management, has announced the appointment of a Senior Portfolio Specialist.
UBS plans to introduce a wealth-management platform that works without relationship managers. The details of the plan aren't yet publicly known though.
The head of Deutsche Bank's operations in Asia-Pacific is leaving next month after 13 years with the German bank.
Credit Suisse, Switzerland's second-biggest bank, wants to rekindle its business through the much-talked-about restructuring program, however the bank is not ruling out making strategic acquisitions.
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