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FINANCE Tuesday, 19 May 2015 15:34

CIMB Bank Announces Digital Innovation Challenge

Yet more news of financial institutions embracing FinTech as Malaysia’s CIMB Bank Berhad (CIMB Bank) and Multimedia Development Corporation (MDeC) have announced a collaboration to work with application developers to support the innovation agenda through the...

FINANCE Monday, 18 May 2015 16:33

Monday Moves Across The Region

A quick round up of some senior moves across the Asian region. Henry Lee is now global head and CEO of HSBC's Alternative Investment Group, replacing Peter Rigg, who is leaving the bank. Neuberger Berman has appointed Kent Chen as managing director and leader of...

FINANCE Monday, 18 May 2015 16:29

Changes At Startupbootcamp FinTech Singapore

Startupbootcamp FinTech Singapore has appointed a new managing director (MD) in Steven Tong, formerly of Infocomm Investments and the London-based accelerator, and welcomed three new members in PwC Singapore, Pix Vine Capital and Jungle Ventures. The incoming MD...

FINANCE Monday, 18 May 2015 16:29

Indonesian Tycoon Wants Yaya Toure At Inter

The Indonesian owner of Inter Milan tycoon Erick Thohir has been in the news again this weekend claiming he will do all he can to bring success back to Inter Milan by pinning hopes on being able to secure the expensive services of Yaya Toure. Thohir loves his...

FINANCE Monday, 18 May 2015 16:17

Manulife Singapore Launches New Investment Plan

Manulife (Singapore) Pte. Ltd. has launched Manulink Enrich, a regular premium investment-linked plan designed to give customers a head-start in growing their wealth by investing 100% of the premium right from the beginning. Clients will also enjoy an increase in...

FINANCE Monday, 18 May 2015 16:13

Capco Opens New Singapore Office

The Capco financial services and technology consultancy has opened a new office in Singapore to meet growing regional demand. The new Singaporean operation will be led by recently appointed Capco Partners Bao-Viet Lê and Charles Bokman. The latter will be...

FINANCE Monday, 18 May 2015 16:09

China Grants More QFII Access

Six more companies have been granted QFII status by China’s Securities Regulatory Commission. One each from Hong Kong, Singapore and the UK joined three Korean firms. For the first quarter of this year QFII A-share equity funds have been lifted by the bullish run...

FINANCE Saturday, 16 May 2015 17:33

Allianz Donates To Nepal Rebuild Efforts

Global financial services company Allianz is supporting the rehabilitation and rebuilding efforts of the recent earthquake in Nepal that led to loss of numerous lives and property. Manuel Bauer, Allianz SE Board Member responsible for Insurance Growth Markets,...

FINANCE Saturday, 16 May 2015 17:30

Julius Baer's New Ad Campaign - Out Of This World

With substantial and growing business across the Asian region Swiss private bank Julius Baer have utilised the creative talents of a celebrated Hollywood filmmaker to help them raise their profile and branding image. The bank is celebrating its 125 anniversary...

FINANCE Saturday, 16 May 2015 17:26

Alibaba Chairman’s Busy Week

It was a productive week for the Alibaba Group Holdings chairman Jack Ma. Earlier this week he made a US$200 million investment in Chinese private conglomerate Fosun International's HK$9.3 billion private placement. He also joined together with the son of China’s...

FINANCE Saturday, 16 May 2015 17:19

Thai UHNW’s Looking At London Investment

According to reports from Bangkok Siam Commercial Bank is partnering with Knight Frank Thailand to open a window to real-estate investment in London for its ultra-high-net-worth clients. Lalitphat Toranavikrai, head of private banking at SCB, said Thailand's...

FINANCE Friday, 15 May 2015 16:45

Roundup Of Professional Moves

We round up the moves across the region for the week ending 15th of May. It has been an active week with the other moves we reported midweek and here at the start of the week. Hong Kong: Jaya Jayaram left her role as head of the Indian desk at UBS in Hong Kong. Sara...

FINANCE Friday, 15 May 2015 16:34

Multi Family Offices Outperforming Financial Peers

Top Multi-Family Offices and Wealth Advisor Firms are Breaking Away from the Pack. A new study from Family Office Exchange LLC (FOX), a global membership organization of enterprise families and their key advisors, has revealed growing profitability among...

FINANCE Friday, 15 May 2015 16:30

Qing Dynasty Jade Seal For Auction

An exceptionally rare and important Imperial jade seal will be auctioned early next month in Hong Kong through auction house Bonhams. The Imperial seal belonged to the fifth Emperor in the Qing dynasty, Jiaqing (reign 1796-1820) and will be offered in the Fine...

FINANCE Friday, 15 May 2015 16:27

Taiwan Insurer Buys In London

In a deal worth £575 million Cathay Life has purchased a significant city of London commercial building. The Walbrook Building a 10 story office and retail complex sits in the centre of London’s financial district. The deal is the largest real estate transaction...

FINANCE Friday, 15 May 2015 16:20

India’s Black Money Bill Approved

The Indian Parliament has approved the Undisclosed Foreign Income and Assets Bill, which will bring into law heavy penalties on those concealing money in foreign accounts. An unofficial estimate of illegal money stashed away overseas puts it somewhere between...

FINANCE Thursday, 14 May 2015 18:48

Banque Internationale à Luxembourg SA Closing In Singapore

Another European headquartered wealth manager has decided to pull out of Singapore citing a lack of scale. Banque Internationale à Luxembourg SA (BIL) has announced that it will close its operations in Singapore for strategic reasons. The closure of the Singapore...

FINANCE Thursday, 14 May 2015 16:55

EXCLUSIVE: Westpac FX Strategist Mid Year Outlook

Jonathan Cavenagh is the senior foreign exchange strategist at Westpac Banking Corporation, he is based in Singapore. Cavenagh covers Asian economies and their respective currency markets.

FINANCE Thursday, 14 May 2015 16:34

Columbia Threadneedle Launch Regionally Managed Asian Equity Funds

Columbia Threadneedle Investments, a leading global asset management group, have launched three Asian equity funds in Hong Kong: Threadneedle (Lux) Developed Asia Growth and Income Fund, Threadneedle (Lux) Asia Contrarian Equity Fund, Threadneedle (Lux) Asian...

FINANCE Thursday, 14 May 2015 16:29

CBRE Wins Big At Asia Pacific Property Awards

CBRE secured 19 national awards at the prestigious Asia Pacific Property Awards 2015. The result included nine wins in the Best Property Consultancy category, with CBRE Australia and Singapore named the region’s overall highest scorers in the category and...

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