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FINANCE Thursday, 26 November 2015 15:59

UBS Names Edmund Koh Head Of Wealth Management For Asia Pacific

Swiss bank UBS, the largest private bank in Asia Pacific, has named Edmund Koh as Head of UBS Wealth Management Asia Pacific. Koh is currently Head of UBS Wealth Management South East Asia and Asia Pacific Hub, which covers the domestic businesses of China,...

FINANCE Thursday, 26 November 2015 15:58

Rehan Shaikh Appointed CEO For Standard Chartered Saadiq

Standard Chartered have announced the appointment of Rehan Shaikh as CEO for Standard Chartered Saadiq, the Bank’s global Islamic Banking business. Rehan will drive the growth of Standard Chartered’s Islamic Banking business across its core markets, supporting...

FINANCE Thursday, 26 November 2015 15:56

Westpac MNI China Consumer Sentiment Indicator Up From Record Low

According to the latest Westpac MNI report consumer confidence in China has regained some ground in November following October’s plunge. Consumers were increasingly optimistic about the outlook for long-term business conditions and confidence in the labour market...

FINANCE Thursday, 26 November 2015 15:55

Asian Markets Present Opportunities As Financial Market Reforms Progress - Allianz

Allianz Global Investors have released their 2016 market outlook, the main highlights are: Strong US dollar and a likely Fed rate hike in December is to normalise, not tighten monetary policy thus will not lead to successive rate hike in 2016 Asian risk markets will be...

FINANCE Wednesday, 25 November 2015 21:40

Swiss Private Bank Appoints New Head In Australia

Swiss giant Credit Suisse has appointed Alex Wade as head of private banking Australia, marking a changing of the guard as incumbent Edward Jewell-Tait retires. The new appointment will take affect from January 1 2016. Alex Wade will be based in Sydney and report to John Knox,...

FINANCE Wednesday, 25 November 2015 17:57

UBS Topshot Koh Takes Next Step Up the Ladder

He is the most important man of UBS' wealth management business in Asia: Edmund «Ed» Koh from Singapore. Now he takes another step up the career ladder.

FINANCE Wednesday, 25 November 2015 16:04

Commonwealth Bank To Refund $80 Million After Failing To Apply Benefits

Commonwealth Bank of Australia (CBA) will refund approximately $80 million to around 216,000 Wealth Package customers as compensation for failing to apply fee waivers, interest concessions and other benefits since 2008. The refund payments include an additional...

FINANCE Wednesday, 25 November 2015 16:03

Week 48 – Midweek Note On Moves Across APAC

As we reach the halfway point of week 48 here is a brief note on some senior moves across the region. The full breakdown of professional moves reported during week 48 will appear as usual on Friday. Joseph Kwok will step down from his role as deputy general...

FINANCE Wednesday, 25 November 2015 16:02

ITG Launches POSIT Alert For India And Taiwan

ITG a leading independent broker and financial technology provider, has announced the addition of trading in India and Taiwan equities to the award-winning POSIT® Alert crossing network. ITG now offers POSIT Alert in ten Asia Pacific markets, reflecting the...

FINANCE Wednesday, 25 November 2015 16:01

Maybank, MaGIC Formalise Tie-Up To Boost Start-Ups Across Region

Malaysian bank Maybank became the first bank to officially formalise its partnership with Malaysian Global Innovation & Creativity Centre (MaGIC) in efforts to further boost start-ups across the region; stemming from a series of engagements and joint initiatives since...

FINANCE Wednesday, 25 November 2015 15:58

Huatai Financial Holdings Hong Kong Launches Appway Client Onboarding

Huatai Financial Holdings (Hong Kong) Limited, a subsidiary of Huatai Securities Co. Ltd., one of China’s largest brokerage firms, has implemented Appway Client Onboarding. Aiming to further develop its Hong Kong investment banking and wealth management business...

FINANCE Tuesday, 24 November 2015 16:30

BNP Paribas Investment Partners Appoints Private Wealth Distribution Heads

BNP Paribas Investment Partners, the asset management arm of BNP Paribas, has announced the appointment of Mandy Lui, as Head of Private Wealth Distribution, North Asia with immediate effect. Based in Hong Kong, Lui is in charge of delivering a full suite of...

FINANCE Tuesday, 24 November 2015 16:29

Philippine Banking System's Stable Outlook Driven By Resilient Domestic Economy – Moody’s

Moody's Investors Service says that its outlook for the Philippine banking system is stable. Moody's previous positive outlook had been in place since 2012, and since then, most of its rated banks have been upgraded, along with the sovereign (Baa2 stable). "We...

FINANCE Tuesday, 24 November 2015 16:29

KPMG Australia Acquires The Performance Clinic

Workplace engagement and productivity are among the greatest universal challenges facing employers today. So when KPMG Australia CEO, Gary Wingrove, was offered a guarantee to improve his teams’ performance, he ultimately liked what he saw so much that he bought...

FINANCE Tuesday, 24 November 2015 16:27

Daytona 24-Hour Winner’s Prized Roles Offered At Bonhams Hong Kong Fine Watch Sale

A Rolex wristwatch, awarded to Daytona 24-hour winner, Michael Lauer, will be offered at Bonhams Fine Watch Sale, taking place in Hong Kong on 3 December 2015. The Rolex 24 At Daytona is a 24-hour sports car endurance race held annually at Daytona International...

FINANCE Monday, 23 November 2015 15:49

Schroders To Downgrade Forecast For Global Growth – China A Concern

Global asset management company Schroders have announced that Schroders’ global growth forecast for 2016, which currently stands at 2.9%, is likely to be downgraded in Schroders’ next Economic & Strategy Viewpoint, due to be released at the end of this month. Schroders’...

FINANCE Monday, 23 November 2015 15:48

Aviva Asia Appoint Digital Director

Aviva Asia have announced the appointment of Ms. Wynthia Goh as Digital Director, Aviva Asia, with immediate effect. This is a newly created role reflecting Aviva’s strategy to strengthen its expertise in online customer engagement and rapidly expand its digital...

FINANCE Monday, 23 November 2015 15:47

Econote No 43 From Dr Andrew Freris - World Trade Oil And Commodities

Our regular contributor Dr Andrew Freris is making his Econotes research available to our subscribers. This is Econote No. 43 Dr. Andrew F. Freris a well known figure throughout Asia. He possesses 47 years of market experience which includes senior positions with GT...

FINANCE Saturday, 21 November 2015 16:48

Total Cost Of Sending Child To International School In Singapore Tops SGD$500,000

Expats sending their children to international school in Singapore and Hong Kong can expect to pay over $500,000 in school fees over the course of their child’s education according to new research commissioned by financial advisory firm, The Fry Group...

FINANCE Saturday, 21 November 2015 16:47

A Fruitful First Year For Shanghai-Hong Kong Stock Connect

The Shanghai-Hong Kong Stock Connect celebrated its first anniversary. Michael Chan, Asia-Pacific Head of Asset Servicing at BNY Mellon, looks back on the first year since implementation of the stock-linkage and shares his views on its prospects and what we might...

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