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FINANCE Thursday, 21 January 2016 06:04

EFG and BSI: A Happy Marriage?

Reports that EFG International is about to buy BSI from BTG Pactual begs the questions whether the two would be a good fit.

FINANCE Wednesday, 20 January 2016 23:40

ING Bank Invests Heavily in Hong Kong Fintech

Dutch ING has invested in Hong Kong fintech WeLab. The stake is in line with the priority of the bank to increase the pace of innovation by working with both dedicated internal teams and external partners.

FINANCE Wednesday, 20 January 2016 17:20

BSI Bank Said to Be Close to Sale

Several parties have expressed interest but it now appears that the Ticino bank BSI is about to be sold for the second time within a year. The prospective purchaser is also domiciled in Switzerland.

FINANCE Wednesday, 20 January 2016 16:03

Fintech Fair Goes Virtual

For the third year in a row the online platform for asset managers, E-Merging, will hold its unique virtual event on the 26 January.

FINANCE Wednesday, 20 January 2016 15:46

Zurich Insurance to Post Fourth-Quarter General Insurance Loss

Zurich Insurance expects its general insurance business to record an operating loss in the fourth quarter following claims due to natural catastrophes, including the storms and floods in the U.K. and Ireland.

FINANCE Wednesday, 20 January 2016 14:48

Maybank Renews Commitment to Fintech

For the second year Malaysian bank Maybank is offering opportunities to companies involved in Fintech from around the world to partner with the Bank.

FINANCE Wednesday, 20 January 2016 13:02

IMF Shows Support for Hong Kong's Fiscal and Financial Policies

The International Monetary Fund released its endorsed Staff Report today which reinforces the conclusions of the Fund's assessment of Hong Kong's economic and financial positions published in December.

HIGH-END Wednesday, 20 January 2016 12:26

Outbound Chinese Tourism to Hit 200 Million

Asian brokerage and investment group CLSA has released a new paper exploring the key growth drivers to Chinese outbound travel as well as the destinations, sectors and stocks set to benefit the most.

FINANCE Wednesday, 20 January 2016 10:27

Wells Fargo: CS-Deal Doesn't Meet Expectations

When Wells Fargo signed the agreement to acquire the U.S. private-banking business of Credit Suisse in October, the deal included the transfer of 250 client advisers. Since the two banks put pen to paper, many of the expectations raised were squashed.

PEOPLE Wednesday, 20 January 2016 06:14

Ex Rothschild Wealth Planner Joins Global Law Firm In Singapore

As financial services businesses prepare for the OECD’s Common Reporting Standard starting 1 January 2017, Pinsent Masons Singapore has boosted its tax practice with a former Rothschild Trust tax specialist.

PEOPLE Tuesday, 19 January 2016 23:35

Outsourcing Company Chain IQ Appoints New Chief Executive

Swiss outsourcing company and a former UBS division Chain IQ has appointed a new chief executive officer as the incumbent, Marc Schnyder, is retiring.

PEOPLE Tuesday, 19 January 2016 21:22

Rothschild Hires Top Asian Banker

Rothschild, the Zurich-based private bank, has hired an experienced banker who was Managing Director at Temasek to strengthen its presence in Southeast Asia.

FINANCE Tuesday, 19 January 2016 14:00

Australian Bank Expands Fintech Reach

Commonwealth Bank of Australia has launched an Innovation Lab in Hong Kong and announced plans to launch an Innovation Lab in London later this year.

FINANCE Tuesday, 19 January 2016 09:07

Former UBS Staff Left Confused by Latest Deal

The announcement by JBWere and UBS has caused ructions among the UBS staff heading into the newly formed Crestone Holdings.

PEOPLE Tuesday, 19 January 2016 09:00

Sandra Navidi: ««These Networks are Akin to a global Supragovernment»

In her new book international financial expert Sandra Navidi describes and analyses the world of superhubs, the most powerful people in the world of finance, and their networks. Speaking to finews.com, the New York-based German expat, explains how superhubs...

FINANCE Tuesday, 19 January 2016 06:49

Michael Hasenstab: «Why It Is Not the Time to Panic About China»

The first few days of 2016 have seen a return to the type of volatility global markets experienced in the third quarter of 2015. Franklin Templeton’s Global Macro CIO Michael Hasenstab believes many of these fears may be overblown.

FINANCE Tuesday, 19 January 2016 06:03

Bonus Payments for 2015: It is Time to Join UBS

Bankers bonuses have been a hotly discussed topic in Switzerland for years. The employees of the Swiss banks nevertheless still enjoy handsome performance-related payouts. But there are significant differences between the institutes, not least between UBS and CS.

FINANCE Monday, 18 January 2016 17:10