Singapore-based Farringdon Asset Management launched its new subsidiary Farringdon Wealth. The firm will focus on providing succession and estate planning solutions in Asia.
Hong Kong-based Vistra has appointed new top executives that will join the company in April. Their appointments are subject to regulatory approval.
At the age of 34, Lucy Baldwin has already been managing director at both Goldman Sachs and Bank of America. The investment banker has now decided to join Credit Suisse.
Indonesia's state-run PT Bank Mandiri is exploring a takeover of PT Bank Permata, a rival lender held by Standard Chartered, according to various media reports.
Rosbank, part of the French major financial group Société Générale, is among the first in the banking sector to test emotion recognition technology.
Goldman Sachs Group has relaxed the dress code for all its employees, a move once considered unthinkable for Wall Street bankers and partners often decked in bespoke suits.
Hong Kong's Securities and Futures Commission toughened its stance against errant banks in 2018. The fines are not as punitive as those levied in the U.S. but the trajectory is unmistakably upwards.
A survey from analytics firm SAS and the Global Association of Risk Professionals showed that more than 80 percent of risk professionals in the financial industry has already seen benefits from AI.
The Swiss private bank’s hiring spree has led to rampant speculation that Pictet will shell out big-time for private bankers. Not so fast, finews.asia has learned.
Aviva has appointed a veteran as the new chief executive, putting a stop to speculations about who will fill the top role.
Veteran Greater China banker resurfaces at European rival.
Roger Bieri has taken over the helm of the newly created Business Sector Corporate & Institutional Clients International Services & Hubs and will relocate from Singapore to Switzerland. His successor takes over in July.
Three job profiles stand out in the finance industry this year, according to the findings of a new study. The study authors also have a few tips for companies of how to make sure that their best people are staying put.
Union Bancaire Privee obtains a wholesale license in Singapore that allows the bank to offer Singapore dollar services, and provides a wider set of investment solutions to domestic clients in Singapore.
Singapore-based DBS Bank expands in India by establishing a wholly-owned subsidiary with over 100 physical touchpoints in 25 cities.
Volatile markets strongly affected Lombard Odier's business last year. Profit rose while assets under management declined. Patrick Odier told finews.asia how his bank planned to recruit new people.
Saxo Bank offers full digital access to mainland China bonds via a simple «click to trade» functionality, a first in the market.
The median age of people worldwide is steadily climbing higher. The United Nations predicts there will be over two billion people aged 60 years or over by 2050, up from 962 million in 2017.
The General Insurance Association of Singapore introduced the GIA Insurance Fraud Tip-off scheme which rewards individuals up to S$10,000 for reporting insurance fraud.
Many of UBS' innovation stars have left, and the wealth manager is looking to new technology gurus to produce desperately-needed new ideas.
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