Wednesday, 20 November 2024

FINANCE Wednesday, 18 August 2021 14:01

Ex-Credit Suisse Chairman Starts Cyber Venture

The former chairman of Credit Suisse is partnering in a new cyber venture, finews.asia has learned.

FINANCE Wednesday, 18 August 2021 12:42

VP Bank Eyes Fresh Revenue Streams

Liechtenstein-based VP Bank's CEO, Paul Arni, intends to tap fresh revenue streams and raise profitability by continuing with the bank's strategic restructuring.

FINANCE Wednesday, 18 August 2021 12:34

Anti-Sanctions Law: Hong Kong Hub Status To Be Tested Again

The financial sector is closely watching Beijing this week for signals related to the upcoming anti-sanctions law in Hong Kong, in a critical test of the industry’s tolerance for compliance risk. finews.asia reviews the ongoing developments and potential outcomes. 

FINANCE Wednesday, 18 August 2021 12:34

Axel Lehmann Faces Huge Task at Credit Suisse

Axel Lehmann is to take on the Herculean task of new risk supremo at Credit Suisse and preventing a repeat of debacles such as Archegos, but he won't find some important lessons in the report into the hedge fund's collapse.

PEOPLE Wednesday, 18 August 2021 12:18

Hawksford Bolsters International Teams

The corporate, private client and funds service provider announced promotions at its teams in Hong Kong, mainland China and Singapore.

FINANCE Wednesday, 18 August 2021 11:03

Korean Internet Giant Opens Blockchain Units in Singapore

Kakao Group will pursue the globalization of its public blockchain project, Klaytn, from the city-state.

PEOPLE Wednesday, 18 August 2021 10:10

Binance Eyes Former SGX Executive for Top Job

In the midst of ongoing regulatory scrutiny, Binance is reportedly in talks with a former senior executive from the Singapore Exchange for a CEO role in the city-state.

FINANCE Tuesday, 17 August 2021 17:22

Singapore to «Bubble-Wrap» Visitors in Business Travel Pilot

The country is making plans to reopen the country to vaccinated business travelers from several countries on carefully controlled itineraries. 

FINANCE Tuesday, 17 August 2021 16:52

COVID-19: Delta Variant Prompts Hong Kong to Toughen Entry Requirements

Switzerland, U.S. and UK are among 15 countries rated high risk, meaning only residents will be allowed to return.

PEOPLE Tuesday, 17 August 2021 16:27

HSBC AM Appoints Global Fixed Income CIO

Based in London, he succeeds and will report to Xavier Baraton, Global CIO.

FINANCE Tuesday, 17 August 2021 15:11

Global Forestry Investment Manager Adds Senior Duo

Global forestry investment manager New Forest has announced two senior appointments as part of broader sustainable investing ambitions.

FINANCE Tuesday, 17 August 2021 14:38

VP Bank Doubles Profits Amid Some Caution

The wealth manager's profits nearly doubled on the year, despite a pricey hiring push.

FINANCE Tuesday, 17 August 2021 12:17

AIA Taps Digital for Sales Boost

Amid the pandemic, the insurer saw both double-digit growth in new business value and higher quality new business, including over 30 percent growth in Protection products and over 70 percent growth in AIA Vitality integrated products.

PEOPLE Tuesday, 17 August 2021 12:17

Haitong Hires Julius Baer Banker to Lead Family Office Unit

Chinese financial group Haitong International Securities has hired a former ultra-high net worth private banker from Julius Baer to lead its newly formed global family office business.

FINANCE Tuesday, 17 August 2021 11:50

U.S. Filings Reveal Big Bets on Didi by Major Investors

U.S. filings revealed significant exposure to troubled ride-hailing giant Didi by various major players ranging from state-owned investment giants to renowned hedge funds.

FINANCE Tuesday, 17 August 2021 10:55

More Than Banking: Top Innovators in Swiss Finance

Wealth management has traditionally been the trump card of Swiss finance. But the field has also been the hotbed of any number of innovations over the last fifty years that have had a far-reaching impact across the industry. The individuals behind them have been...

FINANCE Tuesday, 17 August 2021 10:02

SFC Joint Probe Leads to Arrest of Listed Company Execs

A joint probe with Hong Kong’s securities and anti-graft watchdogs led to the arrest of five people over alleged corruption.

PEOPLE Tuesday, 17 August 2021 09:23

PGIM Investments Hires Head of Asia From Goldman Sachs

The newly created role, based in Hong Kong, is part of the firm's global expansion plans.

PEOPLE Monday, 16 August 2021 14:49

EFG Strengthens Investment Unit with Indosuez Hire

EFG has hired a former Indosuez Wealth Management executive to join its investment solutions unit in North Asia.

FINANCE Monday, 16 August 2021 14:05

AXA Sells Singapore Insurance Unit to HSBC

Paris-headquartered AXA has agreed to sell its insurance operations in Singapore to British lender HSBC.

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