The invasion of Ukraine is generation-defining. The Soviet invasion of Afghanistan, the fall of the Berlin Wall, and the Sept. 11 attacks are events that made it clear old certainties no longer apply, writes finews.com editor Andreas Britt.
CapitaLand Investment is building out its private equity business, and in part, that means attracting «sticky people.»
In his latest testimonial, Tim Leissner said that he and fellow ex-Goldman banker Roger Ng used their wives’ business venture to disguise 1MDB-linked kickbacks, contradicting the defendant’s claims.
Global banks are calling for more investor defensiveness amid the launch of Russian military operations in Ukraine, with an eye specifically on the outlook for energy prices.
Nomura Holdings plans to expand its Singapore and Hong Kong wealth management teams, Reuters reported Friday.
HKEX registered a new record-high in annual profits for 2021 as a strong increase in market turnover helped offset a decline in investment income and IPOs.
Industry experts are optimistic that the entry of California-based chip-making giant Intel into the Bitcoin mining market could create more competition against dominating Chinese players, with better pricing models, maintenance services and more.
Geneva-based Lombard Odier booked significant profits last year while creating new jobs, and maintains «constructive» it its 2022 outlook.
After a nearly two-year delay of ex-Goldman banker Roger Ng’s trial over 1MDB-linked corruption charges, another pause will be required this time over late disclosure of evidence.
Lim How Teck, chairman of Temasek Holdings’ wholly owned Heliconia Capital, is taking a leave of absence after his arrest, the Business Times reported.
The former president of China Citic Bank has pleaded guilty to allegations of taking nearly 1 billion yuan in bribes.
Banks are using bonuses as carrots to retain staff, but at some firms the sticks are coming out as well.
AIA Group has agreed to sell its Australian superannuation and investments business to London-headquartered insurer Resolution Life.
Cantor Fitzgerald has appointed a former UBS executive as global head of asset management.
Global alternatives manager Blackstone reportedly plans to double its headcount in the region to target wealthy individuals via intermediaries.
UBP has hired an industry veteran to lead its asset management unit in Asia as chief executive.
EFG registered a 78 percent surge in net profit for 2021, fuelled in part by robust growth in client assets.
Tim Leissner stood for his second day of testimony, unveiling details about alleged dealings to get Goldman jobs for the children of ex-Malaysian prime minister Najib Razak and an extramarital affair with the chief executive of a major media firm in the country.
OCBC has pinpointed wealth management as a key growth driver.
Crypto expert Ophelia Snyder has not yet turned thirty and runs one of the world's best-known startups in Zug's Crypto Valley. She spoke with finews.asia about co-investor Cathie Wood and early documentaries for the Discovery Channel.
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