Standard Chartered Bank have announced the official appointment of Judy Hsu as Chief Executive Officer (CEO) of the Bank in Singapore, effective 1 October 2015, subject to regulatory approval. She will be based in Singapore and report to Ajay Kanwal, Regional...
At a kick-off event led by DBS Chief innovation officer Neal Cross and in front of a passionate and supportive audience DBS Hotspot unveiled 11 Singaporean start-ups selected for its pre-accelerator programme at the purpose built BASH facility in Singapore...
Vontobel the globally oriented Swiss private bank headquartered in Zurich has made a senior hire in Asia. Tony Lai has been appointed senior Relationship Manager of Vontobel Wealth Management Asia Pacific (“Vontobel”) in Hong Kong. The appointment underscores...
BlackRock has been awarded additional Qualified Foreign Institutional Investor (QFII) quota of US$400 million by the State Administration of Foreign Exchange (SAFE). The additional QFII quota takes the total amount allocated to all BlackRock entities to US$1.25...
Shenzen listed Chinese firm Bohai Leasing, which owns a portfolio of world class equipment and transportation asset leasing companies, has entered into an agreement to buy the Dublin based international aircraft leasing company Avolon. With its headquarters in...
M&G Investments (“M&G”) the international active asset manager with offices in Singapore and Hong Kong has today announced the appointment of Ominder Dhillon as Global Head of Institutional Distribution. Ominder Dhillon will be responsible for M&G’s institutional...
We are now well into September so here is our second round up of the month featuring some senior moves around the region. In Australia Nikko Asset Management Australia has named a new head of institutional business. Eddy Schipper has been appointed to the newly...
M7 Real Estate, the pan European investment and asset manager, has refinanced and enlarged its Jersey listed bond to £30m. The refinance of the bond has been carried out by a substantial Hong Kong based Family Office. The new facility will enable M7 to increase...
Yet another financial services company has upped the Fintech and Start Up ante as MasterCard announce the launch of Start Path Global – a unique six-month partnership programme for startups that extends Start Path’s existing footprint in a greater number of...
According to a press release of Fitch Ratings on 4 September 2015, although Macau’s economy continued to contract in the second quarter of 2015, the rating agency affirmed Macau’s credit rating at “AA-” with a stable outlook attributable to the SAR’s strong...
Royal Bank of Canada with several Asian operations, has been awarded a patent on its innovative Secure Cloud payment and security technology by the United States Patent Office. The patent covers use of secure tokens by clients to facilitate payments from mobile...
South Korea-based Lotte Group has completed on its $805 million purchase of the iconic luxury New York Palace Hotel from Northwood Investors. The Lotte Group will operate the hotel, located at 455 Madison Avenue between East 50th and 51st streets in Midtown,...
Whatever the state of the equity, currency or real estate markets Sotheby’s Hong Kong Chinese Works of Art Autumn Sales 2015 is sure to attract a large gathering of collectors and investors and records may be broken. The series of five sales will offer more than...
Spanish La Liga club Valencia CF who are owned by Singaporean Peter Lim recently opened a commercial office in the lion city and it now looks as if Italian giants Inter Milan will follow suit with an Asian office in Jakarta, home to their owner Erick Thohir. Valencia CF...
Citibank Singapore have announced the appointment of Charles Wong to the position of Retail Bank Head for Singapore, effective immediately. In this role, Mr Wong will be responsible for Citibank’s Retail Banking business in Singapore and will have oversight of...
Falcon Private Bank have announced the appointment of Febby Avianto to the newly created and Singapore-based role of Head of Private Banking Asia, effective September 1, 2015. Avianto joins Falcon Private Bank from RBC Wealth Management where he held the position...
A market commentary from ABN AMRO Private Banking ABN AMRO Private Banking continues to favour equities, hedge funds and commodities, according to its most-recent Investment Outlook – Keeping a balanced view. Short-term market volatility is distracting investor...
The new Cushman & Wakefield, a global leader in commercial real estate services, announced today the successful completion on September 1 of the merger between Cushman & Wakefield and DTZ. The new Cushman & Wakefield is now one of the world’s largest real estate...
With innovation or creative disruption in mind Avaloq the technology-driven financial services provider for wealth management, universal and retail banks has announced the launch of the Avaloq Software Exchange. The Avaloq Software Exchange will connect providers...
As part of a redevelopment project near Tokyo Station, Mitsubishi Estate Co has announced it will construct a 390-meter-high building, which will make it Japan’s highest. The towering integrated development is projected to be made up from sixty-one stories above...
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