Goldman Sachs has reshuffled the top ranks at its investment bank in Asia, adding to leadership changes since chief executive David Solomon took over last month.
A UBS banker was detained in Beijing this week for allegedly violating onshore banking regulations, a source told finews.asia. The move has put private banks in Asia on alert.
Malmaison boutique by The Hour Glass in the heart of Orchard Road hosts the exceptional exhibition featuring the 72 pre-selected watches.
U.S. fixed income manager Pimco has poached an industry veteran from UBS' asset management arm.
By acquiring a Thai company, Prudential's asset manager Eastspring grows its presence in more than ten markets in Asia.
HSBC has appointed a veteran banker as chairman of its Singapore subsidiary. He will work closely with the CEO of the bank to grow the local unit.
A $129 million bill for Chinese actress Fan Bingbing for tax evasion has put banks looking to tap onshore wealth in the country on high alert.
Lu International has linked up with HSBC Bank in Hong Kong to launch a service that drastically cuts the time it takes to transfer funds.
The Moscow office of Julius Baer earlier this year caught the headlines because of a dubious arms deal. This hasn't put the bank off and the management now plans to bolster its team in the Russian capital.
The Swiss reinsurer warned investors that it faces unusually high damage claims in the third quarter. Natural catastrophes as well as man-made damages will eat into Swiss Re's profits.
EFG International is appointing a new head of legal and compliance in its top management. The Swiss private bank is mired in a potentially costly legal skirmish in Taiwan.
United Overseas Bank launches its pan-regional Engagement Lab, enabling it to personalise the way it serves its digital bank customers.
J.P. Morgan's asset management arm appointed a new chief executive of Asia Pacific. He takes over from the current head, who is defecting to British insurer Prudential.
The number of fraudulent banking websites reported in Hong Kong has surged this year. Cybercriminals are targeting the financial market as digital banking gains momentum.
Credit Suisse is in the spotlight in Mozambique – for efforts to restructure part of $1 billion in defaulted debt.
Pictet partner Renaud de Planta addressed fears of a raid on Julius Baer by former CEO Boris Collardi – without exactly giving the all-clear signal.
The financial markets of Singapore and Switzerland are known to compete with each other for the business with the world’s wealthiest. But now, the city-state has overtaken the European nation in much-watched league table.
How is Deutsche Bank's profitability in Asia, and is the German bank's wealth arm in the region still an M&A candidate? Lok Yim, head of Asia, the Middle East and Africa, speaks exclusively to finews.asia.
Citi Private Bank has appointed a veteran banker previously from UBS to boost the bank's offshore business serving super-rich clients from Taiwan.
The adoption of messaging platforms by banks is adding to the convenience of retail customers. Users should however beware of the risks of using such tools.
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