The Asian offices of Deutsche Bank are opening this morning to learn that over the weekend their co CEO’s abruptly resigned. John Cryan, a member of the bank’s supervisory board and the former chief financial officer of UBS, will take over. Mr. Cryan was...
Mesitis, a financial technology company focused on the wealth industry, today announced that it has closed US$ 3 million (SG$ 4.05 million) in Series A funding to accelerate the roll-out of its revolutionary automated account aggregation and portfolio...
According to the most recent reports out of Italy the Thai investor Bee Taechaubol has purportedly made another attempt to persuade Silvio Berlusconi to sell a majority of shares in AC Milan. Known as Mr Bee the persistent Thai businessman has been pursuing...
According to CBRE’s Annual “How Global is the Business of Retail, Tokyo is the world’s hottest market for retail expansion, attracting 63 new brands last year as leasing momentum in core areas remained strong, despite mixed signals in the economy and an increase...
Not to be outdone by the swarm of Fintech investment by banks in the region and the rapidly increasing influence of disruptive startups, French giant AXA are getting into the innovation game. The AXA Group have announced the creation of three new structures...
The Securities and Futures Commission (SFC) have announced that its Executive Director of Enforcement, Mr Mark Steward will be leaving in September. Mr Steward will take up a similar position with the UK Financial Conduct Authority. The SFC’s Chief Executive...
Sydney Is Asia Pacific’s Hotel Investment Capital According to a new report from Jones Lang LaSalle Sydney is currently one of the most active hotel investment markets globally with some AUD 1.9 billion of major CBD hotel sales taking place in the past 22 months. This...
It has been another active week across the region for senior moves here is a round up of some notable changes. Tuxedo Money Solutions, the UK-headquartered international payments technology firm, has appointed Duncan Currie as Regional Director for Australia and...
APAC Tech Round Up ITG takes hedge fund platform to Asia Pacific ITG, a leading execution broker and research provider has announced the launch of its comprehensive hedge fund platform for Asia Pacific. The solution includes integrated execution, order and...
London residential property a favourite asset for many of Asia’s UHNW clients is back on the rails after a period of wait and see due to the recent UK general election. Global agency Knight Frank have issued a report showing that rental values in prime central...
The new UBS innovation centre is located in the stunning Command House a place originally built as a dwelling for members of royalty, a president and many powerful military men. These days Command House stands not as a residence but as a place of learning, the UBS...
Hot on the heels of the recent auction that produced the worlds most expensive handbag Christies Auction on the 2nd of June in Hong Kong labeled as Magnificent Jewels, achieved US$117,892,325 and three auction records. With the recent stock market gains and the...
China’s wealthiest man Wang Jianlin has been active again this week with his Wanda Cinema business said to be acquiring the Australian and New Zealand based Hoyts cinema chain. With around 400 screens across Australia and New Zealand the Hoyts acquisition will...
ANZ have announced an expansion of its international network with the opening of a branch in Paris to provide wholesale banking services to French multinational companies doing business in Asia Pacific. Located in the 8th arrondissement, the new branch builds on...
DBS Bank, Southeast Asia’s largest bank, has received regulatory approval to carry out banking activities in Australia, expanding its presence to 18 markets around the world. The expansion into Australia increases the Singapore lenders footprint to 18 markets. The...
You can expect to see a Lamborghini SUV on Asian streets soon. Automobili Lamborghini have announced a luxury SUV as a third model to join its product range. The market introduction of the series model is planned for 2018. A concept of the car was first presented...
Putnam Investments have announced they will continue the strategic alliance through 2020 with Nissay Asset Management (NAM), the asset management arm of Nippon Life Insurance Company, the largest life insurance company in Japan. The agreement between Putnam and...
Knight Frank Thailand have released highlights on investing in property in popular Thai resort areas, including Phuket. “Investment in property in Thailand’s popular resort areas continues to attract interest from local and foreign buyers,” says Ms. Risinee...
The Securities and Futures Commission (SFC) has reprimanded and fined BNP Paribas Securities (Asia) Limited (BNP) a total of $11 million for its failures to report its direct business transactions (cross trades) to The Stock Exchange of Hong Kong Limited (SEHK)...
According to the UK’s Sky News HSBC will next week set out plans to cut thousands of jobs across its global workforce. After a spate of negative high profile legal cases and talk of exiting the UK the bank remains comitted to cutting costs. Stuart Gulliver,...
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