Julius Baer is replacing CEO Bernhard Hodler with an internal candidate. The move pours cold water on speculation that ex-Credit Suisse top private banker Iqbal Khan would take the job.
Asia recorded $129 billion worth of deals for 2018, exceeding North America's $113 billion. Singapore chalked up 227 venture capital deals, with an aggregate deal value of $4.9 billion.
Deutsche Bank is expected to dramatically restructure its business which will see the exit of 18,000 jobs and its global equity business.
International securities firms and Wall Street banks may be stepping up efforts to expand in Asia’s largest economy, but experienced local talents aren't going for these on home grounds.
Is it just me or are there others fascinated by the idea that two of the brightest, youngest stars in the world of private banking will go head to head as arch-rivals at the end of summer?, finews.asia's editor-at-large Shruti Advani writes.
Boris Collardi’s long-anticipated Asian thrust for Swiss private bank Pictet begins. And he has already delivered on his promise of «easier credit» for bankers whose clients have large relationships with the bank.
As summer holidays in Europe near, Swiss banking's C-suite reveals their beach reads this year to finews.asia.
The deal allows the global fintech company expands its reach to Southeast Asia, where it hopes to gain a slice of the region's growing digital payments market.
The Singapore-based digital peer-to-peer lending platform has inked a deal with Lazada to offer SME financing in Malaysia.
Employees at Deutsche Bank are braced for a major overhaul: sweeping job cuts, major changes at the investment bank and departures from the top management. CEO Christian Sewing is leaving no stone unturned in his quest to bolster the business.
Facebook's plans for a new cryptocurrency – the Libra – has attracted a lot of attention. What could these plans hold in store for the banking industry, asks Swiss Finance Professor Teodoro Cocca in his second contribution for finews.asia.
There is no doubting the augurs – the appointment of Christine Lagarde as new head of the European Central Bank won't change the policy of low interest rates in the eurozone. And the Swiss National Bank will remain a hostage to the euro.
The platform enables companies to launch their own branded cards programs by tapping on InstaReM's payments infrastructure.
DBS Bank is confident that it will hold its own against challenger banks that are set to shake up Singapore's banking landscape when digital bank licenses will be issued.
As head of PKB, Umberto Trabaldo Togna is the CEO of one of Switzerland's few remaining independent private banks. He tells finews.asia what his requirements for a merger would be – and how Italy could be the industry's new hot spot.
Bad news lies ahead for small foreign-owned banks in Singapore, according to Moody’s, which believes that upcoming digital banks are expected to provide superior offerings at a lower price.
Equity fundraising in the special administrative region has fallen by more than a quarter in the first half of 2019, as Chinese firms take their listings to New York.
Hong Kong's Securities and Futures Commission has banned Tim Leissner from the industry for life for his connection to 1MDB crimes.
A deep market and a competitive swap market has made Singapore the preferred Asian capital for European banks to issue debt, especially Additional Tier 1 capital instruments like perpetual or hybrid bonds.
With innovative and customer-centric offerings, fintech firms are setting new benchmarks for the financial services industry and consumers are responding, with adoption levels increased significantly in the past years.
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