Singapore-based investment firm New Silkroutes Group plans to operate seamlessly across European times zones in key cities, having completed a restructuring in its home base. To help it along, the company has now bought a fund manager based in Malta.
The Zurich-based asset manager has found its footing, hoovering up considerable client assets since June.
ANZ is exiting a joint venture in the Philippines, continuing with its dilution of Asian based wealth and retail business units.
Just weeks after Luxembourg's oldest bank was sold to Chinese firm Legend Holdings, a Hong Kong listed conglomerate has also moved into European private banking.
The asset management arm of State Street Corporation announced a new head of compliance for Asia Pacific.
A Swiss hedge fund's proposal to split up Credit Suisse was largely dismissed. The Swiss bank's biggest shareholder knows the activist investor from a previous engagement and is thawing to some of the newest ideas.
Hong Kong will become the home of a new fintech bank in which veteran U.S. investor Jim Rogers acquired a stake.
Tidjane Thiam has proven himself during Credit Suisse's two-year restructuring – but that's not enough for some. An activist investor's demands are a «what now» moment for the CEO.
In what will be the bank's first major financial technology acquisition, J.P. Morgan agreed to buy WePay.
A European hedge fund manager wants to split up Credit Suisse. The idea isn't new, but credible. The activist investor cannot lose with this efforts. finews.asia explains why.
Long-standing Credit Suisse executive Gaël de Boissard left following Tidjane Thiam's revamp of the Swiss bank. Now the French banker is back – to settle an old score?
Societe Generale's private bank pulled out of Asia three years ago. Where has the French bank been pouring its resources after exiting the world's fastest-growing wealth market? finews.asia speaks to two high-ranking executives.
An Australian wealth manager carved out of UBS said it will beef up its board because it is preparing for substantial growth next year.
Specialist insurer Markel International unveiled a new product designed to protect fintech startups in Asia against potential claims from clients. The policy has already been on offer in the U.K.
British bank Standard Chartered has launched a new investment ideas service, now also live in Singapore.
Hong Kong has jumped two places to become the most expensive city in Asia, according to Julius Baer's latest report which tracks luxury expenditure trends of High Net Worth Individuals.
Lombard Odier appointed a new head of family services in Asia, based in Singapore. The company poached the banker from a Swiss rival.
The new head of The Australian Securities and Investments Commission is a lawyer at Harvard and prominent former Goldman Sachs banker in Asia.
In a surprise move ANZ announced it is selling its superannuation and financial planning businesses to IOOF Holdings for $975 million.
An activist investor is going on the attack against Credit Suisse. He has prominent support from the Swiss bank's former head of investment banking.
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