A «hardship fund» for Swiss bankers has found increasing demand as Switzerland's banks near the end of a massive decade-long crackdown by U.S. prosecutors.
BNP Paribas has tapped yet another investment banker for its team of ultra-high net worth private bankers in Hong Kong. The newest hire joins from rival Deutsche Bank.
A Credit Suisse veteran who was a key figure in steering the bank in Asia during the global financial crisis, has resigned and been replaced with an internal appointment.
A Swiss manager of investments into renewable energies is expanding to Asia and has appointed a local expert to lead its team in Singapore.
Two weeks after a star bond fund manager was suspended, GAM has yet to shine light into the affair. finews.asia tallies the six major puzzles still surrounding the asset manager's current troubles.
A Singapore-based fund manager wants to boost its business after clinching a key approval in the city-state.
Vistra has completed the acquisition of Deutsche Bank’s corporate services business. The operations will contine under the Vistra brand.
UBS employs thousands of staff in India to provide mostly IT and other back-office services. But the trend towards an outsourcing of services may have been broken.
The UBS investment banking division has appointed a new head of its mergers and acquisitions business in the Emea region. The banker in question so far has worked with important private banking clients.
Julius Baer saw the pace of its asset-gathering slow to the weakest in three years and its long-time CEO defected to a Swiss rival. finews.asia asks Jimmy Lee, the Swiss bank's Asia head, what’s next.
Credit Suisse has employed chatbot lady Amelia since the end of last year. An analysis of her work shows how efficient she is.
A year ago, Qatar reduced its stake in Swiss bank Credit Suisse. Now, the emirate has raised it again.
Willis Towers Watson hired a mergers-and-acquisitions expert from Risk Capital Advisors. The move represents a bid to bolster the advisory firm's insurance expertise.
UOB celebrates the official opening of its Vietnam subsidiary. This comes slightly after one year of receiving a bank licence from the State Bank. finews.asia looks at the bank's milestones in the country.
Digital encryption startup Securosys is planning an unconventional initial coin offering, finews.asia has learned. The fintech firm is combining the new fundraising style with elements of securities law.
With the boom in digital economy across Southeast Asia, financial institutions need to accelerate their transformation, a new EY report reveals.
GAM is liquidating $7 billion worth of bond funds. The move, following a fund manager scandal and an investor rush for the exits, raises questions over the company's future.
Singapore robo advisor Bambu is partnering with U.S. based DriveWealth to offer a white-labeled product for the American wealth management industry.
The convenience associated with online channels appears to be increasingly appreciated by wealthy clients too. Are relationship managers then even necessary?
Zurich Insurance has had a better first half 2018 than expected. The comparison with the previous year however doesn’t tell the whole story.
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