An 18-year veteran and former chief sustainability officer of Credit Suisse has joined Standard Chartered in the same role.
The former party chief for the city of Hangzhou has been expelled one week after a state media documentary made claims about his corrupt business links with a firm controlled by Jack Ma’s Ant Group.
Chinese regulators have approved a wealth management joint venture between Schroders and Bank of Communications to kick start operations in the mainland.
Bank of America has reportedly started a review to identify Hong Kong workers who can relocate to Singapore, in yet another example of overbearing pressure from the city’s strict Covid-related measures.
HSBC continues to strengthen the product capabilities within its wealth unit with the latest hire of a former Bank of Singapore executive.
UBP has hired a former executive from China Construction Bank as a team head for the Greater China market.
UBS has agreed to acquire California-headquartered digital-only wealth platform Wealthfront, amidst broader plans to tap into the affluent segment worldwide.
The International Monetary Fund is urging authorities in El Salvador to curb bitcoin usage by removing its legal tender status after the Central American nation became the first to adopt the digital currency in June last year.
HSBC has hired a former managing editor from Hong Kong-based South China Morning Post as its regional head of reputation.
The European Chamber of Commerce of Commerce in Hong Kong has reportedly prepared draft documents detailing its forecast for the city’s strict Covid policy and its impact on its status as an international hub.
Unlike last year’s series of sudden tightening against the tech firms in China, Citi Private Bank expects authorities to deliver «more predictable and stable» regulations in the sector and recommends investors to enter at current levels.
U.S. officials are charging a former client advisor of the Swiss bank of stealing nearly $6 million from clients.
Rotterdam-headquartered asset manager Robeco has expanded its fixed income unit with a new hire alongside the relocation of several executives.
Hong Kong’s uber-wealthy are expected to make significant increases in sustainable investment this year, according to a recent survey by a family office association, in line with the city’s green finance ambitions.
Hong Kong-based financial conglomerate AMTD International has entered an acquisition deal for nearly full ownership of AMTD Digital.
Zurich-headquartered asset manager GAM has expanded has hired a new executive for wholesale distribution in Australia focused on the wealth segment.
The Swiss bank's quarterly loss will be deeper than expected, amid a slowdown with wealthy clients, more hefty legal charges, and goodwill dating back two decades.
The Geneva-based private bank is making several management changes in its Russian and Eastern European business, according to information provided to finews.com.
Zurich-headquartered Julius Baer cautioned against investing in Chinese stocks and bonds based on historical assumptions about market efficiency, highlighting the shift towards common property and public sector dominance.
AXA’s investment management arm has hired for a newly role focused on alternatives in Asia.
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