Nomura tipped overweighting Singapore property developers this year in its annual list five possible sector surprises with solid potential risk-reward.
A businessman from Saudi Arabia claimed hundreds of millions of dollars from Pictet by way of a lawsuit in the U.S. The court has now thrown the case out.
In a stunning turn of events, incoming Santander CEO Andrea Orcel lost his job before even starting. The Spanish lender said it couldn't afford the former UBS investment bank chief.
Barclays has appointed its Head of Banking for Greater China to the position of Head of Banking for Asia Pacific.
Singapore banks are in a good position despite concerns about U.S.-China trade tensions and Singapore's dependence on global trade. Citi's Head of Asia Investment Strategy explains why to finews.asia.
VP Bank has closed its representative office in Moscow, according to information obtained by finews.asia. What does the closure have to do with the lawsuits the company faces in Russia?
GAM's shares have plummeted since the Swiss asset manager was forced to liquidate its flagship line of bond funds nearly six months ago. Now at least a ray of hope for clients is emerging.
The departure of Julius Baer’s chairman is anything but a surprise. The change at the top is a chance to put daylight to the Swiss bank's scandal-tarnished past. And to figure out more sustainable growth.
State Street, which has had an Asian presence for over four decades, has announced a new head.
In a first for Switzerland's financial center, Vontobel is poised to offer institutional clients crypto depository services, finews.com has learned. The Swiss bank is drawing on a Genevan-based fintech to do so.
Julius Baer said Daniel Sauter, its long-standing chairman, won't stand for reelection. The Swiss private bank is proposing a former Credit Suisse trading veteran in his place.
The Global M&A market struggles to add value and buyer performance has been in steady decline since a 2015 peak, according to long-term data compiled by Willis Towers Watson and Cass Business School.
Global insurance firm Zurich is the target of a lawsuit filed by a U.S. food-maker, which wants to force the company to pay for losses it incurred through a cyberattack.
The Monetary Authority of Singapore will launch a S$75 million Grant for Equity Market Singapore to fulfil Singapore's vision to serve as Asia's centre for capital raising and enterprise financing.
Women have been filling directorships, but at a slower rate than projected, according to MSCI ESG Research. If the trend continues, 30 percent of directorships will not be held by women until at least 2029.
Riding on the trend that small medium enterprises are increasingly using digital apps, OCBC Bank has launched a one-stop digital dashboard that displays these popular business apps.
Sanne, a global provider of alternative asset and corporate services, opened an office in Tokyo and announced a key appointment in Japan.
Singapore wealth manager Lumen Capital Investors has hired a host of top bankers from larger rivals, finews.asia can reveal. The firm wants to further increase its reach.
Chinese firms spurned U.S. acquisitions in both 2017 and 2018, indicating sentiment had soured before the current trade war.s
The majority of Swiss wealth managers are upbeat about their prospects. However, worries over everything from blockchain to collapsing margins are on the rise.
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