Over the weekend, ex-Goldman banker Roger Ng arrived in Malaysia. Local authorities are reportedly making considerations about an investigation against him as well as support for asset recovery in the 1MDB scandal.
The Lion City’s status as a safe haven rose following the grueling coronavirus pandemic, according to a Knight Frank report, contributing to it securing the top rank as APAC’s leading wealth hub.
With the demise of Credit Suisse, a tectonic shift is underway among Swiss wealth and asset managers. finews.asia takes a look at industry developments.
Frankfurt-headquartered DWS has announced the appointment of a head of real estate for Japan.
The founder of China’s biggest refined copper importer has reportedly gone missing. This follows news of financial troubles earlier this year, including a move by ING to sue over unpaid debt.
In a guest article, Vontobel CEO Zeno Staub responds to finews.com editor Claude Baumann's critique of the Swiss banking business model.
The expansion of the management team is logical when Julius Baer's ambitions are considered. But has CEO Philipp Rickenbacher overdone it with the latest reorganization? finews.asia analyzes the restructuring.
Singapore-based wealth manager TriLake Partners has opened a new office in Thailand.
The investment management arm of Toronto-headquartered Manulife has hired a former executive to lead real estate transactions in the Asia Pacific region.
Julius Baer has announced the promotion of a seasoned private banker for the India market to the Zurich-based group’s executive board.
Zurich-based Julius Baer has announced new changes to its executive board, including the appointment of an emerging markets head who will cover the global India segment.
Baltimore-headquartered T. Rowe Price has announced the appointment of a new Southeast Asia head of intermediary distribution.
HSBC has signed an agreement to acquire Citi's consumer wealth business in mainland China, as part of the US lender's broader strategic plans to exit markets globally where it lacks scale.
Hong Kong is hosting the second edition of the «Global Financial Leaders’ Investment Summit» in November this year, with expectations of more attendees.
Many corporate CEOs are pushing for a return to office work, according to a global survey that gets to the bottom of CEO hopes and fears.
About a year after the collapse of the crypto exchange FTX, the trial against the founder and CEO Sam Bankman-Fried has begun in New York. The prosecution and former FTX managers turned state witnesses are first up.
The deal-making activities involving Asia Pacific excluding Japan noted the lowest value in a decade.
Singapore’s central bank joins a partnership to explore protocols for embedding policy and regulatory compliance in cross-border transactions.
US bank Goldman Sachs opened a new office in the Southern part of India.
Former top UBS executive Tom Naratil believes the current UBS CEO is the right man to complete the integration with Credit Suisse.
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