Investment firm Blackstone has announced a new Asia Pacific management structure to enhance management capabilities across the region.
UBS wants more of Wall Street's kudos and has selected one of its finest for the board of directors. The agenda for the general meeting reveals that an insurance specialist has also been nominated.
The Australian Securities and Investment Commission has commenced legal proceedings against Westpac Banking Corporation for unconscionable conduct and market manipulation.
The British property market attracts significant interest from property investors across Asia. Hoping to tap into the demand a new full service real estate investment company has opened in Singapore.
Asia, the growth market of recent years isn't what it used to be: assets under management at the biggest wealth managers are mostly flat, albeit at a high level, a ranking by finews.asia shows.
At the Credit Suisse Asian Investment Conference, the CEO of Switzerland’s second largest bank has expressed his desire to build the bank’s wealth management business in mainland China.
Family-owned Zedra, who acquired Barclays’ trust and fiduciary business for an undisclosed sum, has now opened in Hong Kong. The business already operates in seven global locations including Singapore.
Avaloq, a Swiss provider of banking IT, has won a new customer among Asia's emerging industry giants, research by finews.asia revealed.
National Australia Bank’s $50 million innovation fund, NAB Ventures, has appointed a well known entrepreneur and angel investor to be its inaugural Managing Director.
Julius Baer has completed the acquisition of a majority stake in Kairos and remains committed to a listing of a minority stake in the Italian asset manager.
The covert use of offshore financial centres to conceal assets has blown up across the world following the huge leak of files from the Panama based law firm Mossack Fonseca. The APAC region is not to be spared as the Australian authorities now begin to delve into...
Global analytics firm Cerulli Associates says Asset Managers need to start segmenting investors by digitalisation awareness rather than by age. Asian investors in particular however are embracing the use of technology for investment advice across all age groups.
After reaching a $1.9 billion settlement with the U.S. Department of justice, HSBC has worked for three years upgrading its client oversight systems. However the American regulator claims the British bank has still not done enough.
Some politicians want to ban cash, arguing that cash is helping criminals. The first steps in that direction are the withdrawal of big denomination notes and the limits imposed on cash payments, writes Thorsten Polleit.
The Monetary Authority of Singapore will launch a one-stop virtual entity for all fintech matters. Earlier this week Japan announced new laws to make it easier for fintech firms to flourish.
Banks and insurance companies are like proxies for economic growth in developing countries, says Mark Gordon-James, Senior Investment Manager at Aberdeen Asset Management.
Joseph Safra, one of the world’s richest banker, is the latest high profile individual named in Brazil’s far-reaching corruption probe.
Mark Mobius, fund manager at Franklin Templeton, is stepping down later this month. He will however remain Executive Chairman of the Templeton Emerging Markets Group.
The cyber insurance market in Singapore is forecast to grow by 50 per cent this year. More businesses are now taking action to mitigate the high reputational and financial risks associated with cyber breaches.
The U.S. investment bank of UBS is hiring new advisers and industry experts in a bid to gain a bigger market share where rival European banks are closing their operations.
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