IMD professor Arturo Bris looks back ten years after the financial crisis. Improvements have been made, he writes for finews.asia – not all of them favorable.
Singapore's electronic payment network Nets won the tender for a joint e-payment solution at food places in Singapore. The initiative aims to bring more convenience to food merchants.
Singapore put the final touches on a new corporate structure for investment funds. The move is a bid to bolster the city-state as a key fund hub.
The perception still is that you «shift» money to Switzerland. But money no longer is being «shifted» to Switzerland, Herbert Scheidt, the president of the Swiss Bankers Association told finews.asia in an exclusive interview.
GAM's suspension of star fund manager Tim Haywood is wreaking havoc on the Swiss asset manager. The company's risk management may be partly to blame, finews.asia has learned.
David Solo, the former head of GAM, is still doing business with his former employer – and, more crucially perhaps, with investment manager Tim Haywood. The old network has caught up with GAM.
French investor Edouard Carmignac is handing over the responsibility for his flagship funds. Which doesn’t mean that he will stop doing what he knows best.
Julius Baer is pressing on with its aggressive push in the private banking market in the U.K. The Swiss bank has made a series of senior hires.
A former longstanding Credit Suisse executive is heading for fintech. He is poised to join a blockchain software firm in Hong Kong.
DBS launched a service for its clients to transact with their bankers via two messaging platforms. These platforms adds on to an existing one that allows «conversational» banking.
J.P. Morgan money management arm added three hedge fund specialists, including a Singapore banker who will look after clients in Asia-Pacific.
Banks had been too complacent in dealing with technological threats in the past, said Swift. Fintechs and tech giants are offering faster, more transparent, and lower-cost solutions for money transfers.
She fought for more support from her employer, Swiss bank UBS. But instead, the banker claims she was discriminated against. The U.S. star broker decided to leave and filed a complaint against the bank.
The bailout of UBS in 2008 was unnecessary, says Peter Kurer, who was chairman of Switzerland’s largest bank at the time. Not all agree with his assessment though.
Japanese bank Nomura introduced an early warning indicator of exchange rate crises in 30 emerging markets.
What does the apparent retirement of China's wealthiest man, Alibaba co-founder Jack Ma, really signal to the country's wealthy?
In October, it is ten years since the Swiss government bailed out UBS. What happened to the key actors in the drama since?
Curiously, declaring myself a feminist created a wave of surprise, encouragement, some criticism, and plenty of welcome debate, Santander Chairman Ana Botín writes in an essay for finews.first.
HNA is reportedly poised to dump its whole stake in Deutsche Bank as well as much of the foreign investments it made in a $40 billion spending spree that overloaded the Chinese conglomerate with debt.
Deutsche Bank has added a Credit Suisse managing director to its wealth management team in London, catering specifically to the global south Asian business.
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