The Swiss bank is giving fathers of newborns additional days off. The new «daddy leave» is part of a host of workplace perks meant to help attract and retain staff.
Singapore signed a pact with four insurance companies to advance the digital capabilities of insurance industry. The move comes as new technologies begin roiling the sector, with incumbents ill-equipped to adapt.
For more than a decade, Tim Haywood and a fellow GAM fund manager were a dream team. finews.com investigates how a high-stakes rupture between the two sparked chaos at the Swiss asset manager.
Media often cited robo advisors, number crunching softwares, and artificial intelligence as job killers for asset managers. However, some top experts beg to differ.
A decade has past since UBS' near-death, but some of the principals are still passing the buck, an analysis by finews.asia shows.
Client advisers are increasingly playing psychologist or trusted medical consultant, Saxo boss Patrick Hunger tells finews.asia in an interview. The banks are overwhelmed in handling this development, he says.
S&P Global Platts, a provider of information and benchmark prices for the commodities and energy markets, appointed a Head of Asia Analytics. He commences this Monday.
The biggest threat to Japan's national prosperity comes from the Trump Administration, writes Jesper Koll in his essay for finews.first.
Finance adviser GMG has started a new unit that will help clients deal with cryptocurrencies. The manager in charge of the business used to trade in gold.
A former top banker at UBS has linked up with a Chinese electronics firm to launch a fixed income firm in Hong Kong.
Avaloq identified customer satisfaction as the key component enabling future growth. The banking software provider has hired a former IT manager from Credit Suisse for that purpose.
Malaysian prosecutors piled more counts of money-laundering on ex-leader Najib Razak over 1MDB. The long-standing former Malaysia Prime Minister heads for trial in five months.
«We have the funds and we have the will to acquire but we need to find the right fit,» Vontobel Asia CEO Alex Fung tells finews.asia in an exclusive interview.
The banks have the clients – so far at least. Fintechs have a more versatile IT. Four questions that bankers will have to answer if they want to prevail in the race.
Reyl, the banking group based in Switzerland but also present in Asia, recently reduced its exposure to funds business. Now, it has decided to give the business a more prominent role again.
Malaysia's former prime minister has been arrested by the country's anti-graft agency in connection to state fund 1MDB, and will face charges for alleged abuse of power.
HSBC has detailed its $17 billion multi-year expansion push including a hiring drive in Asia under its new Chief Executive John Flint. It is not only wealth managers who should be dusting off their CVs.
The world of crypto is dazzling speculators, techies and entrepreneurs alike. Increasingly, it is not only attracting young finance professionals but also seasoned bankers.
The financial market is busy debating whether a 2008 style crisis would be feasible today. We have a list of what has really changed over the past ten years.
Kweku Adoboli, the former UBS rogue trader, should have been deported to Ghana today. He received an unexpected reprieve.
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