Web's Best – January 2016

The World Richest Arabs 2016

Have a look at the richest arabs overall as well as in banking and finance. – January 30 / Arabian Business

Great Honor for Credit Suisse's Helman Sitohang

The Indonesian banker wins FinanceAsia's Outstanding Achievement Award for his vision and policies in leading the Swiss bank's operations in the region. – January 28 / Finance Asia

Top Executives Debate the Best Way of Adapting Trading Solutions to China

Senior figures from across the world have debated at the iFEXPO 2016 in Hong Kong the challenges which face many FX firms and software vendors when approaching vital markets, such as China, and how they can best navigate the challenges through adaptation of technology to maximize regional opportunities. – January 27 / Finance Feeds

Barclays Shutters Asia Cash Equities, Rivals Circle Rump

British bank Barclays has become the latest in a long line of banks to pull out of the unprofitable Asian cash equities business as fierce competition and high costs make it untenable for all but the largest players and a few boutiques. – 23 January / Finance Asia

Fortune Cut in Half Over the Last Two Years

Mention his wealth to Lawrence Ho and he chuckles, «Shrinking by the second.» The billionaire cochairman and chief executive of Melco Crown Entertainment has seen his fortune cut in half over the last two years as Macau’s gambling revenue nose-dives. – January 23 / Forbes Asia

The Four Big Questions Banks Must Ask Themselves in 2016

Are the world's largest banks safe and do they need more regulation? – January 20 / The Telegraph

Banks Tap Into Technology as They Prepare or the Future

Banks around Singapore are setting up innovation labs and developing ideas to make banking services more accessible to everyone as they prepare for the future. – January 20 / Channel News Asia

Where is the Family in Swiss Banking?

Do a search for the family-controlled Swiss bank Hottinger & Cie and the top item that appears is a liquidation holding page. A further search reveals that Hottinger faces the wrath of the Swiss Financial Market Supervisory Authority, which has initiated bankruptcy proceeding against it. – January 16 / Family Capital

Charles Koch on the perils of family wealth destruction

He might be one of the more controversial business individuals in America, but there’s no doubting his extraordinary business acumen and commitment to the long-term principles of family businesses. In a recent interview with the «Financial Times» that commitment was stated emphatically. –  January 16 / Family Capital

At J.P. Morgan Healthcare Conference Gender Diversity Means Cocktail Waitresses

It was the second year in a row that New York-based financial communications firm LifeSci Advisors had thrown the party, balancing out a shortage of women in town for the annual J.P. Morgan Healthcare Conference with ones who’d been hired to mingle and hold champagne. – January 14 / Bloomberg

What Asset Managers Can Learn from Retailers

Financial services firms could gain some valuable insights from looking at what kind of experience customers want from e-commerce sites, and what the big brands are doing to deliver this. – January 13 / Kurtosys

Weak Q4 for «Big Five US Investment Banks

The «big five» investment banks in the United States are set to post more lacklustre profits from trading in the last three months, results to be presented in the coming weeks are expected to show. – January 12 / The Straits Times

Chinese Regulator Asks Banks to Cut Wealth Management Yields

China's banking regulator and main bond clearinghouse have asked commercial banks to reduce rates they offer on high-yielding wealth management products (WMPs), five sources told Reuters. – January 12 / Channel News Asia

Oil and Gas Malaise: Two Singapore Banks Under Pressure

Banks face more defaults as oil and gas malaise spreads. DBS and OCBC are most exposed. – January 11 / Singapore Business Review

Rising Stars Who Missed The Hong Kong Rich List

Four people joined Forbes' list of Hong Kong’s 50 richest for the first time this year. But there were also three notable rising stars who missed the $1,05 billion barrier to entry. – January 11 / Forbes

HSBC, StanChart Feel the Heat of Equity Meltdown

Slower growth, lower revenues and rising bad loans from volatile markets may add to the woes of HSBC and Standard Chartered – two of the biggest foreign banks in Asia. The banks, which had bet big on China and Asia, felt the heat of China's equity meltdown this week and witnessed a significant plunge in their shares since the start of this year. – January 9 / The Straits Times

The Best Singapore Bank Stock for 2016

United Overseas Bank (UOB) emerges as the clear winner as it has bested DBS and OCBC in three of the four categories studied in this report. – January 9 / The Motley Fool

UBS: Banker who Helped on Bank of China IPO dies

Steven Sun, who headed investment banking for Asia financial institutions at UBS Group AG and helped the company with its role in the $11.2 billion Bank of China Ltd. stock sale, has died. He was 58. – January 9 / Bloomberg

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