Asset manager GAM is losing its compliance overseer in the middle of a whistleblowing scandal. She leaves just five months into the job – after various other high-level exits.
Family offices helped hoist the ultra-wealthy's money to record highs last year. They are ill-equipped to cope with the implications of a handover to a younger generation that looms, a study found.
This Photographer Will Make You Think Again About Your Phone Use Top 10 Dangers Facing Senior Clients A Long Life of Rich People Was a Myth Warren Buffett's Berkshire Hathaway Breaks From Tradition The Women-Only Private Clubs You Need to Know Two Hours in Hong...
Britain's exit from the European Union will dislodge Switzerland as the top European financial player outside of the bloc. Ingo Rauser details what this means for the race among financial centers, in an essay for finews.first.
A whistleblower at GAM is just the latest in a series of setbacks for CEO Alex Friedman. finews.asia chronicles the perfect storm around the top executive's stint at the Swiss asset manager.
The private bank with the most aggressive appetite for acquisitions has turned target in what could be a landmark deal with Nomura. It may not be the last such deal, Asia head Jimmy Lee tells finews.asia.
AIAM Singapore held its Annual General Meeting 2018 at Andaz Singapore. As an election year, all ordinary independent asset manager firms exercised voting rights.
Credit Suisse has terminated its veteran dealmaker Marco Illy for cause with immediate effect, finews.asia has learned. The move comes before the investment banker is set to cross the street to rival UBS.
Next generation business family leaders in Asia shared valuable insights on keeping a lasting legacy beyond wealth transfer at VP Bank’s 10th anniversary celebration.
HSBC is appointing a veteran private banker to run its wealth arm in Switzerland, finews.asia has learned.
Julius Baer and Nomura have inked a pact for the Japanese market. The Swiss private bank will cater to Nomura’s high net worth client base, allowing the bank to sell international services at home.
UBS wanted to become a «boring» bank – since achieving that mission, the bank's shares have languished and its best people defected. Is this what CEO Sergio Ermotti and Chairman Axel Weber intended?
UBS' outgoing investment banking head Andrea Orcel frequently overwhelms those around him with his hyperkinetic ways, but is nevertheless successful. How?
Brazilian-Swiss private bank J. Safra Sarasin posted a breathtakingly low cost-income ratio in the first half. Healthy client activity underpinned the earnings.
Six years after UBS' massive strategic shift, the Swiss bank is an example for rivals still struggling to free themselves of legacy troubles – like Deutsche Bank, which toyed with a Swiss merger plan.
The General Insurance Association of Singapore raised red flags in the motor insurance segment as claims costs rose significantly. The sector's overall profitability also plunged.
The departure of Investment Bank Chief Andrea Orcel is a blow for UBS, where the Italian has successfully ramped down risk as part of CEO Sergio Ermotti's focus on private banking.What's next.
Jean-Claude Bastos has fallen out of favor in Angola. The former longstanding head of the African nation's sovereign wealth fund was arrested, along with the ex-president's son.
UBS heavyweight Andrea Orcel is leaving the Swiss bank after six years. The veteran dealmaker is getting his wish to run a European banking giant.
Singapore fintech Canopy raised nearly $5 million from private investors as well as institutions. A government-supported seed fund is the most prominent new investor.
Page 677 of 1007
