BMO Global Asset Management has appointed a new Director to manage Institutional Business for BMO in Asia Pacific.
In an attempt to encourage more asset managers to domicile their funds in the city-state a new regulatory framework could soon be introduced in Singapore.
German economist Thorsten Polleit is scathing about the monetary policy of the European Central Bank. In an interview with finews.asia, he also criticizes the plans of some politicians to abolish cash.
A PwC survey, which assesses the rise of new technologies in the financial services sector, reveals that respondents from traditional banks believe large parts of their business is at risk of being lost to standalone Fintech companies.
The Swiss financial services community has finally agreed on a program designed to help fintech startups establish their business in Switzerland. The initiative has even gathered the support of UBS and Credit Suisse.
Vontobel Wealth Management Asia Pacific continues to expand and has appointed a Senior Relationship Manager in Hong Kong into a newly created role.
Credit Suisse CEO Tidjane Thiam has made a McKinsey adviser his new chief of staff, research by finews.asia showed. The new colleague is a familiar face.
The former Group Managing Director of Human Resources of HSBC Holdings, is set to be elected to the Board of Directors of Julius Baer Group.
The Securities and Futures Commission in Hong Kong has fined Unicorn Securities and its former responsible officer, $3 million and $200,000, respectively, relating to failures in handling clients’ money.
Singaporean bank OCBC has rolled out a mobile app it says will help clients achieve their investment goals in a simple and personalised way – while on the move.
After a long illness Edgar de Picciotto, the founder and chairman of Union Bancaire Privee has passed away aged 86.
Zurich Insurance Company reveals the key economic, social, political, technological and environmental risks facing Singapore and the Asia Pacific region.
Banking shares have been badly hit by the turmoil on the financial markets – with Credit Suisse bearing the brunt. There’s no shortage of explanations for this. But perhaps it was a simple question of the bank carrying the wrong name in the past? Alfred Mettler,...
Following their purchase of the private wealth business of Société Générale in Asia, Singapore's largest bank DBS looks set to make another acquisition.
The ten teams reflect important trends in fintech, including Insurance Technology, Data Analytics and SME Financial Solutions, which are all relevant areas for consumers and businesses in Southeast Asia.
A new strategic partnership is set to unlock investment opportunities in diamonds as an asset class for accredited investors in Singapore and other countries.
With global financial markets troubled by the spectre of volatility, the demand for rare stamps and coins has remained resilient. Last month one of Britain's rarest coins sold for 250,000 pounds to an investor in Asia.
Standard Chartered has made appointments to new region-specific teams it has created in Guernsey in order to manage client demands originating out of ASEAN, Greater China, Africa and the Middle East.
Modern day bank customers are using the Internet and Apps on their smartphones and some banks are still catching up with demand. The analyst Mark Ryan is now predicting that online banking will disappear – a challenge for the industry.
The private bank controlled by Brazil's Safra family, Bank J. Safra Sarasin, improved its profitability last year. However assets under management declined.
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