A CLSA executive has been reportedly let go after proposing to move the firm’s marquee annual conference away from Hong Kong to Singapore.
Fidelity International has bolstered its sustainability capabilities in Asia with the appointment of two new executives.
Citi announced the appointment of a longstanding 19-year executive as its Asia head of custody.
Russia accelerated its decoupling from the US dollar and euro this week with the nation’s two largest lenders announcing ambitions in yuan-denominated lending.
Ex-Georgian prime minister and billionaire Bidzina Ivanishvili reportedly defended a bonus previously paid to former Credit Suisse banker Patrice Lescaudron, in response to questions illustrating the two’s relationship.
The head of sustainable finance for Asia Pacific at UBS will reportedly leave the Swiss bank to join Temasek Trust next year.
The search is on for an ex-Wirecard director suspected of fraud with the issuance of an Interpol red notice.
A Japanese brokerage firm celebrating its 120th anniversary is giving employees to channel their inner Buzz Aldrin on a virtual moon landing in the metaverse.
Former Georgian Prime Minister Bidzina Ivanishvili is currently a litigant against Credit Suisse in Singapore. Now in Ukraine, there are demands for steps to be taken against the wealthy ex-politician.
Hong Kong-based crypto custodian Hex Trust has announced the appointment of an industry veteran as a member of its advisory board.
Shanghai’s most high-profile financial forum has been officially postponed with organizers claiming the need to review key topics.
Interest in sustainable investing in Asia is high but adoption continues to lag, according to a recent Lombard Odier survey, with more work needed to convert enthusiasm into action.
BNP Paribas’ asset management arm has announced the appointment of a new chief executive for Asia Pacific.
Major international audit consultancy indicates the hub is intended to enhance collaboration between finance and non-finance.
Credit Suisse inks two agreements to sell its global trust business. Credit Suisse employees transferring to one of the new firms. No transaction amount was specified.
Swiss private bank Pictet is undergoing changes in its eight-member board of partners, finews.asia learned.
Russia’s central bank reportedly agrees with the legalization of crypto use for payments, possibly paving the way for cross-border settlements to withstand Western sanctions.
HSBC Asset Management’s alternatives division has completed the recruitment of its senior management team with the latest duo of appointments.
COVID-19 quarantines, testing, contact tracing, and compulsory mask-wearing may become near-permanent given the lack of any visible exit plan.
A former Standard Chartered banker and Citi alumna has rejoined the American lender as its consumer business manager for Hong Kong.
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