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Thursday, 30 April 2026
Thursday, 30 April 2026

FINANCE Thursday, 4 July 2019 10:52

India Faces Credit Crunch With Shadow Banks Under Pressure

Mounting debt at many large non-bank financial companies is slowing business growth and putting the country's financial system at risk.

FINANCE Thursday, 4 July 2019 10:30

Wealthy Clients Make Shift From U.S. Equities to Alts

Long-only U.S. equities, traditionally a major staple in Asian private client portfolios, are being punished by growing concerns over U.S.-China trade risks, with the broader allocation actively being replaced by alternatives, Citi Private Bank told finews.asia.

FINANCE Thursday, 4 July 2019 09:47

Switzerland Unseats Singapore as Top Expat Destination

Home to some of the biggest private banks, watchmakers, and pharmaceuticals companies, Switzerland was deemed as the best place to live and work.

FINANCE Thursday, 4 July 2019 09:07

Andrea Orcel Fires Legal Salvo at Santander

Andrea Orcel has reportedly lodged a $100 million lawsuit against Santander after the Spanish bank reneged on hiring him as its CEO. The move comes as the former UBS star prepares his next career move.

FINANCE Wednesday, 3 July 2019 18:10

Lending Platform Keen on Singapore Digital Banking License

The peer lending platform joins other non-banking entities, such as Grab, that hope to get a slice of the pie when the sector liberalizes.

FINANCE Wednesday, 3 July 2019 16:40

Food Court Operator Adds Crypto to Payment Options

Kopitiam, the latest in a growing line of merchants making the pivot to digital payment means, is using its newest outlet as a testbed for its e-payment system, which also allows patrons to pay using a variety of cryptocurrencies.

FINANCE Wednesday, 3 July 2019 15:11

Aberdeen Standard Gets China Onshore Advisory License

With the qualification, the Scottish asset manager will expand its onshore business to offer investment advisory services to domestic investors in China.

FINANCE Wednesday, 3 July 2019 12:55

Banking With the Ultra-Rich: UBS' Kodak Moment?

UBS has the biggest number of billionaires among its clientele – but this is not paying off quite as it is intended to do. The super-rich prefer to make their own investment deals.

PEOPLE Wednesday, 3 July 2019 12:30

Western Asset Announces Singapore Head

He will be responsible for strategizing, planning and executing Western Asset’s strategy as the firm continues to build its client base and business across the region.

FINANCE Wednesday, 3 July 2019 11:16

China to Lift Financial Sector Foreign Ownership Cap Early

Move to allow majority stakes in insurance and securities and commodities futures businesses comes one year ahead of schedule.

PEOPLE Wednesday, 3 July 2019 10:22

Former Bank of Singapore CIO Joins Purple AM

A former chief investment officer of Bank of Singapore has resurfaced to join Singapore-based Purple Asset Management as its managing director.

PEOPLE Wednesday, 3 July 2019 10:00

Pictet AM Hires to Fill Asia Ex-Japan CEO Vacancy

The Swiss wealth and asset manager is bringing in senior executives to fill the roles left by the departure of Amy Cho and Carmen Lai.

FINANCE Tuesday, 2 July 2019 17:36

Tidjane Thiam Settles Bust-Up at Credit Suisse

Credit Suisse’s top management was blindsided by the exit of private banker Iqbal Khan. The Swiss banker’s exit is the culmination of a months-long standoff with CEO Tidjane Thiam.

FINANCE Tuesday, 2 July 2019 14:43

Indonesians' Online Search for Loans Surges

Indonesia saw the highest growth rate in terms of online searches for loans amongst three Southeast Asian countries.

FINANCE Tuesday, 2 July 2019 13:13

McKinsey: APAC Bank ROE Could Drop 40 Percent by 2023

Asia Pacific banking continues to be in the spotlight due to its attractive outlook relative to other regions but lower growth, higher risk cost provisions, and need for scale are factors that could cause return on equity to plummet in the coming years, according...

 PEOPLE Tuesday, 2 July 2019 12:45

finews.asia Expands Editorial Content With Renowned Journalist

Former «Asian Private Banker» deputy editor Richard Otsuki is joining finews.asia's editorial team. The Hong Kong-based journalist is the latest reinforcement of the Swiss and Singapore-based finance website.

FINANCE Tuesday, 2 July 2019 11:20

GIC Investing Billions in North America and Europe

GIC announced two mega deals involving infrastructure in the U.S. and Europe.

HIGH-END Tuesday, 2 July 2019 09:19

Five Questions Asian Heirs of Billion-Dollar Empires Dare Not Ask

Following the announced retirement of Hong Kong's prominent tycoons in recent weeks, finews.asia digs into the complexities of succession planning in Asia and uncovers five taboo questions that children inheriting family businesses seldom ask, but are essential...

 FINANCE Tuesday, 2 July 2019 09:13

Deutsche Bank: 300 New Relationship Managers by 2021

Deutsche Bank's hiring push sees new additions in Asia, the Americas, and Europe with the promise of more to come.

FINANCE Tuesday, 2 July 2019 04:36

Iqbal Khan Exits Credit Suisse

Credit Suisse’s top private banker, Iqbal Khan, is jumping ship. The Swiss bank named an internal candidate to succeed him.

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