Tuesday, 19 November 2024

FINANCE Thursday, 31 March 2022 06:06

Embedded Wealth: Who Owns the Client?

The way financial products are accessed will change dramatically in the future as wealth managers tailor their services toward the needs of each individual client.

FINANCE Wednesday, 30 March 2022 19:37

Banks’ Fossil Finance Addiction Continues

Despite falling in 2021 from the previous year, banks had more fossil fuel financing than the year the Paris climate accords were signed.

FINANCE Wednesday, 30 March 2022 15:57

Bain & Co: Confidence in Chinese Private Equity Dented

Rising demand for alternatives drove private equity investment value to a new high in Asia Pacific, according to a report by Bain & Company, but there are questions about the outlook for China.

PEOPLE Wednesday, 30 March 2022 15:14

PGIM Creates Head of Australia Wealth Role

Prudential’s asset management arm PGIM will expand its presence in Australia with the creation and appointment of the top wealth management role for the country.

FINANCE Wednesday, 30 March 2022 14:56

New UBS Share Repurchase Program

Switzerland's largest bank announces a new share buyback program starting tomorrow.

FINANCE Wednesday, 30 March 2022 14:43

Bankers Still Beat Bots

A Refinitiv wealth management study says technology has proven it will not replace advisors - but for how long?

FINANCE Wednesday, 30 March 2022 13:49

Synpulse Opens Shenzhen Office to Tap GBA Market

Global consultancy firm Synpulse has launched a new office in Shenzhen with the hopes of capitalizing on new opportunities from the Greater Bay Area project.

FINANCE Wednesday, 30 March 2022 12:02

Savills Ties Up With Singapore Payments Fintech

Property consultancy Savills (Singapore) has tied up with a Singapore fintech to offer digital payments for SMEs.

FINANCE Wednesday, 30 March 2022 11:49

(Z)urich Insurance Group?

With social media in mind, one of the largest insurers is changing its logo in response to the war in Ukraine. 

FINANCE Wednesday, 30 March 2022 11:35

Credit Suisse’s Bermuda Fears Come True

After flagging a possible legal hit several days ago from a court ruling in Bermuda over damages linked to ex-Georgian Prime Minister Bidzina Ivanishvili, Credit Suisse’s fears came true yesterday with the bill totaling more than $500 million.

FINANCE Wednesday, 30 March 2022 10:46

Hong Kong’s Tracker Fund Officially Replaces Manager

State Street Global Advisors has been officially replaced as the manager of the Tracker Fund of Hong Kong after overseeing the storied ETF for more than 22 years.

FINANCE Tuesday, 29 March 2022 23:45

Credit Suisse Faces U.S. Probe on Sanctions

A letter from Credit Suisse sent to investors earlier this month allegedly asking them to shred asset-backed loan documents, is having further repercussions.

FINANCE Tuesday, 29 March 2022 16:06

Roger Ng’s Wife Testifies in 1MDB Trial

Ex-Goldman banker Roger Ng’s wife, Hwee Bin Lim, took the stand on Monday to testify in favor of the defendant, calling the $35 million allegedly looted from the 1MDB fraud a business investment with Tim Leissner’s former wife.

FINANCE Tuesday, 29 March 2022 16:02

DBS Weighing IPO of DBS Remit

DBS is considering a listing of its international money transfer platform DBS Remit.

PEOPLE Tuesday, 29 March 2022 15:14

Natixis Expands APAC Investment Banking Unit

Natixis Corporate & Investment Banking expands in Asia Pacific with the hire of a head of aviation finance and health care industry group for the region. 

FINANCE Tuesday, 29 March 2022 12:26

Another Chinese Financial Hub Tests Zero-Covid Lockdown

Shanghai has been forced to lock down and face stringent zero-Covid restrictions. Will it share the same fate as Hong Kong?

FINANCE Tuesday, 29 March 2022 12:06

China’s Ukraine Stance Likely Spurring Fund Outflows

China is seeing unprecedented fund outflows since the Russian invasion of Ukraine, according to the Institute of International Finance (IIF).

PEOPLE Tuesday, 29 March 2022 10:33

Franklin Templeton Taps BlackRock Veteran for Southeast Asia Role

Franklin Templeton has appointed a new head for its institutional clients in Southeast Asia ex-Malaysia.

FINANCE Tuesday, 29 March 2022 09:14

Credit Suisse Not Taking New Russian Clients

Credit Suisse will no longer seek new business in Russia as it reduces its exposure in response to the invasion of Ukraine.

FINANCE Tuesday, 29 March 2022 09:14

Was 2021 The Last Record Year For Swiss Banks?

Switzerland is renowned for its impressive mountains. Another mountain made of assets under management at Swiss banks grew last year due to a combination of favorable developments. But what's next?

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