Singaporean UOB Group has reported net earnings of S$788 million for the fourth quarter ended Dec 31, 2015, representing a meagre rise of 0.3 percent compared to S$786 million a year ago.
Exponents of the Swiss financial services industry are set to launch a fintech platform with the not so modest label of «iTunes for Wealth Management». There are also plans to expand to Asia.
Bank Pictet, the private bank based in Geneva, has decided to relocate about one hundred jobs in the back office abroad, joining bigger rivals who took the unpopular step years ago.
Rabobank has appointed a new head to lead the corporate banking operation in Australia and New Zealand.
A contentious 72-storey skyscraper in London nicknamed the «Paddington Pole» and designed by the architect of «The Shard», Renzo Piano, may have to be slashed.
Norman Chan the Chief Executive of the HKMA has responded to the conclusion of the Board of HSBC to stay in the U.K.
Ahead of the Singapore budget in March, Ernst & Young Solutions have offered proposals for this year’s Budget under four broad themes. The key themes could influence the wealth management industry.
Japan’s Nikko Asset Management has appointed a new Chief Executive of Nikko Asset Management Europe, encompassing Europe, the Middle East, and Africa.
Speaking on the sidelines of the 2016 Singapore Airshow Gulfstream Aerospace announced that its Asia-Pacific fleet continues to grow, reflecting the company’s position as the top-rated brand in the region.
«Asia remains at the heart of the Group's strategy,» HSBC said yesterday as it announced it would be keeping its headquarters ensconced in London.
When the markets penalize quarterly results with a massive sell-off, Swiss banking bosses are sudden converts to the long view. In this they are firmly in line with the trend. But will the new creed favour their financial institutions?
The Swiss Pictet Group has released unaudited figures for 2015, ahead of the publication of the full annual report at the end of April 2016.
Singapore is still subject to many prejudices, and it is about time these false perceptions were corrected, writes finews.asia editor-in-chief Claude Baumann for finews.first.
Hong Kong’s Securities and Futures Commission has banned a former licensed representative of Wocom Securities from re-entering the industry for life.
After snapping up the Asian wealth units of Societe Generale and ING respectively it appears that Singapore's DBS Bank and Oversea-Chinese Banking Corp could be back in the market for another western European private banking business.
The Ex CEO of Credit Suisse Private Banking Asia Pacific has taken over the chairmanship of the Myer Family office.
The Swiss Fund Manager Felix Zulauf warns of a more unsettled economic environment in the coming months. The Chinese financial system is deeply in trouble, he says.
U.K. banking group Royal Bank of Scotland has appointed a new Chief Executive of Private Banking, with responsibility for Coutts & Co and Adam & Company.
The Swiss Bank Vontobel announced Thursday a new growth initiative for Asia Pacific with the goal of doubling business volumes in this region by 2020.
Global investment manager Principal Global Investors has made another senior hire in Singapore, just one week after recruiting a former Director from the Monetary Authority of Singapore.
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