The banking industry has specific idiosyncrasies that make it tough for them to manage their reputation, writes Lukas Zihlmann in a piece for finews.first.
More attempts to stabilize the Chinese real estate market are underway with the banking regulator reportedly launching a detailed investigation into property-linked risks on balance sheets.
Hodlnaut has disclosed that there are ongoing proceedings between the firm and the Singapore police, while also announcing mass layoffs at the troubled crypto lender.
Some may view him as an auditing pioneer and investment banking legend. Others call him a marketer lacking substance and a fraudster. Few will describe him as plain. finews.asia takes a look at the life and times of AMTD Group chair Calvin Choi.
Financial hub Singapore is projected to lead Asia Pacific as the market with the highest proportion of millionaires by 2030, according to a recent HSBC report.
A US fintech founded by an ex-Credit Suisse managing director is suing the Swiss bank for hundreds of millions of dollars in New York.
The underwriter of AMTD Digital, which saw its stock price surge over 32,000 percent following its IPO, was reportedly probed by Hong Kong’s Securities and Futures Commission.
ING has announced the appointment of an ex-ANZ executive to lead its wholesale banking unit in Australia.
Singapore-based exchange Crypto.com has announced the appointment of a general manager for its home market.
UBS Global Wealth Management has established a dedicated team to mass millionaires in the region and unveiled its ambition to double the number of clients in the segment for the Greater China market.
HSBC has internally announced the appointment of a new head of global banking for the Middle East, North Africa and Turkey.
Financial firms continue to reconsider staffing plans in Hong Kong due to Covid-linked restrictions with more than a third of global asset managers having moved regional and global posts out of the city, according to a recent survey.
UBS has hired a 25-year veteran as its head of philanthropy services for Hong Kong and the broader Greater China region, finews.asia has learned.
VP Bank registered positive inflows in the first half of 2022 with the Asian wealth business being one of the primary growth contributors.
HSBC has announced the appointment of an independent non-executive director to the board of its Hong Kong unit.
VP Bank profits wane in the first half of 2022 due to a challenging market environment.
The career of recently deceased former Deutsche Bank head Anshu Jain is exemplary of the rise and fall of European investment banks. Credit Suisse leadership should take note.
A 20-year private banking veteran in the Malaysian market has joined Bordier & Cie as a managing director.
Citi has appointed a 25-year banking veteran as its new chief executive for Hong Kong and Macau.
Julius Baer is reportedly seeking to expand its onshore wealth management business in India as part of a five-year transformation strategy that includes the tripling of client assets.
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