Liechtenstein-based VP Bank generated its highest organic net new money inflow in more than ten years. But the low interest rates and equity markets’ development had a negative impact.
The former Credit Suisse banker who recently was released after serving part of a prison sentence in Switzerland faces a new investigation into earlier misdeeds.
UBS' Sergio Ermotti addressed the bank's plans for his succession – including his own preferences.
Having the «ESG» label on financial products may be trendy now, but financial institutions serious about realising ESG goals need to ask their stakeholders what non-financial metrics they want.
Malaysian-based financing firm RCE Capital injected millions into Singapore fintech firm, which could compete with banks' personal loan facilities.
Henri Leimer, CEO of LGT Private Banking Asia, arrived in Hong Kong 30 years ago. He directed the Asian growth of LGT from a representative office into a leading Private Banking partner.
UBS, the largest manager of rich people’s money in the world, showed unexpected weakness in its main business in the fourth quarter. Why does the giant appear helpless in private banking?
The path to our targets has steepened, UBS admits on an investor call.
Talents can get frustrated while working at banks' innovation labs due to the slow speed of implementation. However, they need to understand that banks are required to factor in different risks.
UBS bounced back from a year-ago loss on U.S. tax changes with a $696 million net profit, but the giant's investment banking arm disappointed with a loss and its private bank suffered outflows.
A veteran that brings almost 20 years of investment banking experience has been appointed Head of Indonesia Coverage in Credit Suisse's Asia Pacific Investment Banking & Capital Markets division.
Morgan Stanley is adding services that focus on Chinese entrepreneurs setting up family offices in Singapore.
MSCI ESG Research has identified five key trends surrounding ESG investments for 2019. Stakeholders may find overlooked costs or opportunities around them.
The Singapore Academy of Law’s Future Law Innovation Programme and Singtel are co-organising the Singapore leg of the Global Legal Hackathon 2019.
The Asia Sustainable Finance Initiative aims to help shift Asia's financial flows towards sustainable economic, social, and environmental outcomes.
The private bank said it plans to ramp up on hiring private bankers massively this year. The move follows the poaching of an 18-person team in the Middle East last month.
Private bankers in Hong Kong and Singapore may have jumped to join smaller private banks with huge increments dangled before them. However, with higher targets and tighter time-frames, some are regretting the jump, industry sources say.
Although Singapore banks' innovation labs find it easy to attract talent generally, retaining them can be a challenge due to clash of cultures says recruitment firms.
After Vontobel and Bank Frick positioned themselves as custodians of cryptocurrencies, Falcon Private Bank is poised to make cryptos «bankable», finews.asia has learned.
Which job-seekers will be most sought-after in banking? While finance firms are increasingly looking to showcase women, finews.asia looks at the magic formula that banks are searching for.
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