The Asia Pacific unit of Allianz has named a new chief executive officer to succeed Solman Altin, who has decided to leave the firm after first joining 13 years ago.
An improved credit environment coupled with lower allowances enabled DBS to post a surge in third quarter profits.
The Swiss giant UBS is doing away with an elite cadre of uber-managing directors. This means an effective demotion for more than 100 of UBS' top bankers.
The European Chamber of Commerce in Hong Kong recently reiterated its concerns about the outlook for the city as a business hub, underlining a «lack of certainties» as the key concern.
The Swiss bank is rolling its business with wealthy clients into one unit and strengthening it at the expense of its investment bank.
Asia Pacific profits at Credit Suisse inched higher in the third quarter despite ongoing China market turbulence and dented investor sentiment in the region.
The Swiss bank flagged a fourth-quarter loss on the back of a major write-down it plans to take for a 21-year-old acquisition.
Broad-based growth across private and investment banking alongside reduced credit loss provisions drove Credit Suisse’s profits higher in the third quarter.
After years of success capitalizing on Asia’s booming growth and autonomous management in the region, Credit Suisse is due to present a strategy update that is widely expected to include a sweeping overhaul with more centralization and less local decision-making in the...
Authorities from Hong Kong and China are reportedly nearing a final decision on travel resumption, despite a fresh outbreak on the mainland.
New York-headquartered fund house VanEck expands in Singapore with the hire of a new marketing manager.
The bank is setting aside more funds to bolster infrastructure, talent and technology to deliver hyper-personalized experiences to better serve wealth and retail customers.
Italian asset manager Eurizon has hired a new head of business development and marketing as part of broader expansion plans in Asia.
Tesla CEO Elon Musk’s propensity to stir up public interest via social media was on display again, this time with the Tweet of an ancient Chinese poem which led to wide-ranging interpretations, including potential crypto references.
Simon England-Brammer, current APAC head at Nuveen, will take on an expanded role as head of EMEA and APAC institutional and relocate from Hong Kong back to his home in London.
Australia’s largest bank announced plans to roll out the nation’s first retail cryptocurrency offering despite broader resistance to adoption elsewhere.
The bank's new online platform for corporate customers simplifies receivables collection and improves transparency and monitoring capabilities.
OCBC’s posted a robust profit increase in the third quarter, which was fueled by a significant reduction in allowances.
The former chief investment officer of Eastspring has joined Robeco in a newly created role.
The bank rode on loan growth and fee income, as well as lower credit allowance, to post modest growth amid slower-than-expected economic recovery across the region.
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