Wednesday, 20 November 2024

PEOPLE Tuesday, 21 December 2021 17:17

Axa Singapore CEO Loses Cancer Battle

He joined Axa in 2000 and held various senior management roles across Asia and Europe, before moving to AXA Singapore as Chief Executive Officer in 2017.

FINANCE Tuesday, 21 December 2021 16:10

FWD Shelves U.S. IPO Plans

The insurance arm of Hong Kong tycoon Richard Li's investment conglomerate Pacific Century Group said it will not proceed with its New York listing.

FINANCE Tuesday, 21 December 2021 16:01

UBS Accepts Verdict for French Subsidiary

UBS is accepting convictions against its French subsidiary, while keeping its legal options open in a tax dispute with French authorities for the group. 

FINANCE Tuesday, 21 December 2021 15:40

U.S. Sanctions Chinese Officials After Hong Kong Elections

Wealth managers will have to add five Chinese officials to screening lists after the latest round of U.S. sanctions.

PEOPLE Tuesday, 21 December 2021 13:57

Haitong Appoints Business Development Head

Cayla Fan to be responsible for expanding business and broadening product distribution. 

FINANCE Tuesday, 21 December 2021 12:20

Credit Suisse Unit Awaits Bermuda Judgement

A group of Eastern European oligarchs is fighting against the Swiss lender in several jurisdictions for fraud allegations. In Bermuda, a conclusion is nearing.

FINANCE Tuesday, 21 December 2021 12:11

Credit Suisse Trading Veteran Wins Wealth Role

The Swiss bank's trading veteran Yves-Alain Sommerhalder is turning up trumps in its newly-unified private banking arm, finews.asia has learned. 

FINANCE Tuesday, 21 December 2021 09:28

State Street's Irfan Ahmad: «Finance is Transforming to a Digital Economy»

Decentralized finance, digital currencies and tokenization have continued to gather momentum amid the pandemic, and State Street is seeing an increase in client demand, its regional product lead said.

FINANCE Tuesday, 21 December 2021 03:53

Key Policymaker Sees Oversight of Crypto Soon

The threat that decentralized finance poses to traditional finance is spurring regulators to agree on how to supervise cryptocurrencies.

FINANCE Monday, 20 December 2021 23:12

Long-Standing Credit Suisse Banker Departs

A long-serving Credit Suisse banker is leaving after reports of clashing with the bank's new chair.

PEOPLE Monday, 20 December 2021 20:57

Omicron Prompts Davos Delay

The resurgence of the pandemic in the form of a new, rapidly-spreading variant is putting the brakes on plans for the annual alpine conference to return early next year. 

PEOPLE Monday, 20 December 2021 20:46

Citi Appoints Global Head of Client Service

The senior executive, who brings 20 years of experience at Citi, takes over from Tim Sullivan in the role.

FINANCE Monday, 20 December 2021 17:36

Southeast Asian Investors Reveal High-Risk Appetite Amid Pandemic

People are feeling compelled to take on greater risks to compensate for Covid-19 uncertainty and concerns caused by rising inflation, according to a retail investment study by global asset manager Schroders.

PEOPLE Monday, 20 December 2021 15:34

PGIM Investments Expands in Asia

The firm is bolstering its ranks in the region with a pair of senior hires in Hong Kong and Singapore. 

PEOPLE Monday, 20 December 2021 12:58

UOB Names Regional Market Head for Private Bank

The appointment is in line with the Bank’s reorganisation of its Private Bank arm across three regional market groups, namely Southeast Asia, Singapore and North Asia.

FINANCE Monday, 20 December 2021 04:02

UBS Weighs Continuing the Fight in France

The Swiss wealth manager has until Monday to decide whether to keep appealing a French criminal conviction – it is weighing the effect on its other activities in doing so.

FINANCE Monday, 20 December 2021 03:59

António Horta-Osório Bumbles Through Minefield

Credit Suisse's chairman remains embroiled in domestic headlines which make it obvious that he has ruffled feathers in Switzerland. A pattern is repeating itself, finews.com writes.

PEOPLE Friday, 17 December 2021 16:08

Credit Suisse Unveils Leaders of Asia Pacific Unit

Credit Suisse has internally announced the new leaders of its Asia Pacific business, finews.asia has learned, following recent changes to the group’s executive board.

FINANCE Friday, 17 December 2021 15:39

Swiss Bank Gives as Much Holiday as Staff Want

MBaer Merchant Bank is the first Swiss bank to offer its workforce unlimited annual leave.

FINANCE Friday, 17 December 2021 15:31

10 Arrested in SFC-MAS Ramp-And-Dump Raid

Authorities in Hong Kong and Singapore cooperated in a first-of-its-kind operation and arrested 10 individuals in both financial hubs over market manipulation.

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