GAM will begin returning money in a troubled line of absolute return bond funds to investors next month. The Swiss asset manager voiced hoped that investors will eventually come back with their money.
Julius Baer is marked in the U.S. as a Swiss bank for American tax dodgers. That isn't stopping the bank from flirting with a return to the States – namely, to the unofficial capital of Latin America.
With the movie «Crazy Rich Asians» being watched globally since its release this month, finews.asia tries to uncover how much of the fiction presented represent facts in private banking.
Julius Baer is losing a team head for its emerging markets in Asia, finews.asia has learned.
HSBC Private Bank poached a private banking heavyweight from Credit Suisse. The long-standing private banker will be the British bank's new market head for China and Taiwan.
Hanspeter Brunner, the Swiss banker who got caught up in the 1MDB corruption scandal, is back in business, information obtained by finews.asia shows.
The chief innovator at UBS' private bank in Singapore has left the Swiss bank.
The cooperation of a former Julius Baer banker with U.S. officials in a money-laundering probe has sparked the Swiss private bank to launch its own probe.
UOB teamed up with a start-up to enhance its anti-money laundering surveillance. The announcement comes in the heels of the Singapore lender's recent emphasis to turn «digital».
Private equity investments are becoming increasingly attractive in light of low interest rates and high stock market valuations. But for investors, the level of sustainability in the industry is also important.
Credit Suisse reacted to media reports about an alleged freezing of Russian clients’ assets. The bank said it had merely reclassified the money.
Singapore's three biggest banks have all made forays into e-commerce as banking clients increasingly avoid going to bank branches to do their business and spend more time on digital platforms comparing items and loans. Can banks succeed in e-commerce though?
Citi card customers in five Asian countries can now «pay» for their Spotify subscription using their credit card points and miles.
OCBC is launching a robo investment service aimed at millennials. The Singaporean bank aims to make money management as appealing as putting together a Spotify playlist.
Star GAM fund manager Tim Haywood has been overseeing bond hedge funds for nearly 20 years. finews.asia tracks the man at the center of the Swiss asset manager’s storm.
An ex-Julius Baer banker has pleaded guilty in the U.S. to money-laundering charges. What does this mean for the Swiss bank?
HSBC plans a major hiring push in private banking in the coming months. Asia, the world's fastest-growing wealth market, is at the center of the British giant's intentions.
Credit Suisse heavyweight Francesco de Ferrari surprised observers by leaving one of the top Asian private banking jobs. What is the Swiss banker leaving for?
Credit Suisse is losing the long-standing head of its private bank. The Swiss bank named two European bankers to fill the vacancy.
Cryptocurrencies are a complete no-go in traditional wealth management. But a simple refusal won’t do and private bankers need to be ready to answer clients’ questions.
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