According to EY in its latest global report on initial public offerings, all major engines of growth in the global economy are now synchronized in an upward trajectory for the first time since the end of the global financial crisis.
One of the largest independent thrift banks in the Philippines selected Swiss banking software provider Temenos to support its corporate development growth.
Active investment management firm Man Group appointed a new managing director within its institutional sales team in Hong Kong.
Zurich’s purchase of the ANZ bank life insurance unit could be the first of many acquisitions in the region as the global insurer seeks more penetration and a bigger slice of the Asia Pacific market.
National Australia Bank plans to more than double its investment into its innovation hub, NAB Labs, and ramp the workforce by 70 percent in 2018. However traditional banking job prospects at the lender look bleak.
Swiss-based fintech Monetas is at the end of the road. The start-up's founder and Chief Executive, Johann Gevers, is embroiled in a bitter dispute at token firm Tezos.
Chinese banks may play a minor role in international finance, but that is set to change dramatically, according to Peter Guenthardt, one of Bank of America's top investment bankers in Asia.
Jan Schoch lost the bulk of his fortune, his job and the firm he co-founded – within weeks of each other. The Swiss finance whiz kid's dramatic October, traced by finews.asia.
Private bank J. Safra Sarasin nabbed another ultra-high net worth private banker from a rival. She joins a number of bankers that the Brazilian-Swiss boutique has added in Asia this year.
This Chief Executive has a long-term plan to simplify his bank. The sale of a life insurance unit is a further step in keeping his promise.
Stephen Spielberg's 2001 sci-fi thriller is now more fact than fiction as a Japanese securities house implements AI technology to truncate compliance procedures.
MetLife Asia’s Singapore-based innovation center announced the latest group of winners of its tech matchmaking program.
Switzerland's two major banks and another key finance player to improve data quality ahead of new regulation. The project was born out of UBS' London-based fintech laboratory.
Citi has made several key changes to its private bank in Asia. The moves are sparked by unit head Bassam Salem’s retirement next year and the American bank's plans to replace him.
Zurich Insurance Group is buying ANZ’s Australian life insurance business. The deal makes the Swiss firm the largest retail life insurer down under.
Julius Baer has hired a prominent Singapore-based private banker off a rival. It is the third job change between Swiss banks in three years for the banker.
EFG International is officially merged with Banca della Svizzera Italiana, or BSI. With the 1 MDB debacle behind them the Swiss private banks have concluded the dicey last leg of their tie-up.
Swiss private bank Julius Baer said it will propose a former longtime Goldman Sachs partner to join its board. The banker's familiarity with Asia will be a valuable asset to the bank.
Natixis appointed a new director of green and sustainable solutions for the firm's Asia Pacific business.
ANZ Bank announced the sale of its OnePath pensions and investments and aligned dealer groups business to IOOF Holdings in October. The disposal of the bank's life insurance unit is now said to be imminent.
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