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FINANCE Wednesday, 5 August 2015 22:35

Trident Fund Services Appoints Thalius Hecksher To Leadership Team

Global independent fund administrator, Trident Fund Services, with offices in Singapore Hong Kong and has appointed Thalius Hecksher to the newly formed position of Global Director. Hecksher will have responsibility for leading the growth of Trident Fund...

FINANCE Wednesday, 5 August 2015 22:34

Singaporeans Making Financial Sacrifices For Children’s Education – HSBC Report

Singaporeans see higher education, including overseas study, as a clincher for their children’s future success and are sacrificing other needs to finance it, according to a global report by HSBC. HSBC’s Learning for life report, the second in The Value of...

FINANCE Wednesday, 5 August 2015 22:33

Rolls-Royce Motor Cars Unveils SG50 Ghost Series II

As Singapore gears up to celebrate its 50th anniversary Rolls-Royce has joined in and has commissioned a car to commemorate the event. Rolls-Royce Motor Cars Singapore’s SG50 Ghost Series II purred of the production line at the Home of Rolls-Royce in Goodwood,...

FINANCE Wednesday, 5 August 2015 22:32

Midweek Asian Tech Roundup

ANZ Launches Digital App For Mobile Lenders ANZ today announced it has developed a new digital app designed for its Mobile Lenders to enable them to have faster, easier and more informed home loan conversations with customers. ANZ’s Head of Mobile Lending, Luke...

FINANCE Wednesday, 5 August 2015 15:19

Alibaba Group Appoints Michael Evans As President

In this new role, Mr. Evans will be responsible for leading and executing Alibaba Group’s international growth strategy to globalize the company and grow the business outside of China. He will report to Alibaba Group CEO Daniel Zhang. Mr. Evans will continue his...

FINANCE Wednesday, 5 August 2015 15:18

Singaporean Group Purchases Prime London Commercial Properties

Singapore listed property group Ho Bee Land Limited has had a busy week acquiring two central London commercial properties. Last week the firm announced that its wholly owned subsidiary, HB Victoria Pte. Ltd. had entered into a sale and purchase agreement with a...

FINANCE Wednesday, 5 August 2015 15:15

Midweek Moves Around APAC – July 5th

A quick run through senior hiring news since the start of the month. Jamie Wickham has been named as new head of products and client solutions for the Asia Pacific at Morningstar. In the role Wickham will be responsible for Morningstar’s product development and...

FINANCE Wednesday, 5 August 2015 15:14

SEB Asset Management Sells Tokyo Property

SEB Asset Management, the international real estate investment manager on behalf of its Asian Property Fund (SEB Asian Property II SICAV-SIF) has sold Primegate, a ten-storey office and commercial building in Tokyo to a blue-chip domestic company. The building is...

FINANCE Tuesday, 4 August 2015 15:11

Hong Kong SFC Fines BNP Paribas Securities (Asia) Ltd $15 Million For Dark Liquidity Pool-related Failures

The Securities and Futures Commission (SFC) has fined BNP Paribas Securities (Asia) Limited (BNPP Securities Asia) $15 million for failures in relation to its dark liquidity pool trading services. The disciplinary action follows an SFC investigation into BNPP...

FINANCE Tuesday, 4 August 2015 15:10

Credit Suisse CEO To Visit Asia This Week

New Credit Suisse supremo Tidjane Thiam will be back in Asia this week meeting with the senior management of the Swiss lender in the region and no doubt rallying the troops with some motivational messages. He is scheduled to conduct town hall meetings in...

FINANCE Tuesday, 4 August 2015 15:09

DBS Bank Strengthens Transaction Banking Business With Senior Hire

DBS Bank, which has made significant strides in its transaction banking business, today announced a senior management appointment as part of its growth strategy. Iain Taylor, a familiar name in the transaction banking industry, will join DBS Global Transaction...

FINANCE Tuesday, 4 August 2015 15:07

Mexico's meXBT Enters Asia Through CoinRepublic Acquisition

The Mexican leader of digital currencies, meXBT, has announced the acquisition of the company owned and operated by CoinRepublic, the most establish and respected digital currency brokerage in the Republic of Singapore. "When we saw the business plan and...

FINANCE Tuesday, 4 August 2015 15:06

Charles River IMS Chosen By Krung Thai Asset Management

Krung Thai Asset Management Public Company Limited (KTAM), a leading asset management firm based in Bangkok, has selected the Charles River Investment Management Solution (Charles River IMS) delivered as a managed application. The firm is also leveraging Charles...

FINANCE Monday, 3 August 2015 22:39

HSBC To Sell Brazil Business To Bradesco

HSBC is selling its entire business in Brazil to Bradesco for a consideration of US$5.2bn HSBC Holdings plc (‘HSBC’) has entered into an agreement to sell its entire business in Brazil, comprising HSBC Bank Brasil S.A – Banco Multiplo and HSBC Servicos e Participacoes...

FINANCE Monday, 3 August 2015 16:24

BNP Paribas To Acquire Indian Brokerage

French bank BNP Paribas has announced that an agreement has been reached with the company’s shareholders for BNP Paribas SA to acquire 100 percent of independent retail brokerage firm Sharekhan. Based in Mumbai, Sharekhan, the leading independent retail brokerage...

FINANCE Monday, 3 August 2015 16:23

Professional Moves - Monday August 3rd

It’s the first week in August a time when many people are re-charging their batteries for the run in to the year-end but there is still no let up in the movement of human capital across the region. Here is a roundup of the latest professional moves across APAC. BNP...

FINANCE Monday, 3 August 2015 16:21

Golden Gate Ventures Announces US$50M Second Fund For Southeast Asia

Golden Gate Ventures closed US$35M from an international mix of investors and advisors to the fund, including Temasek, Eduardo Saverin (co-founder of Facebook), and Monitor Capital Partners, a European multi-family office. Additional partners included Singapore’s...

FINANCE Monday, 3 August 2015 16:19

Third Of Smart Phone Users In Singapore Shop Using Mobiles - Mastercard Survey

MasterCard’s Mobile Shopping Survey found that a third of respondents in Singapore with mobile internet access made a mobile shopping purchase in 2014 (36.7%), an increase compared to 2013 (31.4%). The prevalence of mobile shopping apps has emerged as one of the...

FINANCE Monday, 3 August 2015 16:15

Johnson And Rose To Headline UBS Hong Kong Open

Dustin Johnson and Justin Rose will be the stars of the show at Fanling in October when the golfing stars headline the UBS Hong Kong Open. Johnson and Rose, currently ranked fifth and seventh in the Official World Golf Ranking, confirmed their entries to one of...

FINANCE Monday, 3 August 2015 16:14

China Leads Asia Pacific’s Real Estate Transaction Volumes

China overtook Japan to lead Asia Pacific’s commercial real estate investment volumes in the second quarter of this year as demand for office and retail space in core cities rose, according to JLL’s Global Capital Flows report. In Hong Kong, volumes more than...

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