A cloud-based software provider is expanding into Australia via four newly-signed hedge fund clients. The firm is set to win more mandates down-under for its institutional quality product.
The asset management unit of State Street Corporation, State Street Global Advisors, has appointed a new Managing Director and Head of Client Relationship Management for Southeast Asia.
The former CFO of UBS in Singapore has taken on a new challenge at arch rival Credit Suisse in Switzerland.The bank has entrusted its Swiss unit to one of Switzerland’s few high-ranking female bankers.
First Names Group, an independent financial services provider, has promoted a new Managing Director to lead its Singapore business.
2016 witnessed several high profile acquisitions, the latest being LGT’s purchase of ABN Amro’s Asian wealth units. But it is not only private banks and wealth managers who have been swallowing each other up.
The Securities and Futures Commission in Hong Kong has issued notices to two brokers, instructing them to freeze a client account suspected of market manipulation and account hacking.
In an interview, Thomas Piske, CEO LGT Private Banking, talks about the attractiveness of the industry, the future prospects it holds and what kind of qualifications are required of private bankers in order to be successful.
Since the Brexit vote this year the talk has been dominated by banks leaving the U.K. capital. In an interview the CEO of Bank of Singapore hinted that the next branch they open might well be in London.
Chances are high that we won’t get bored in 2017 and that active management is getting even more important, Vontobel’s Daniel Brüesch says.
The former Banca della Svizzera Italiana senior banker Yvonne Seah Yew Foong, was yesterday sentenced to two weeks behind bars and handed a $10,000 fine.
Crypto currencies based on the Blockchain technology have the potential to replace the U.S. dollar as the preferred currency for global transactions, finance expert Brigitte Strebel writes in an essay for finews.first.
The Hong Kong Monetary Authority has linked with the Applied Science and Technology Research Institute to launch the Fintech Career Accelerator Scheme.
After making cuts to its private bank, UBS is now chopping at its investment bank in Hong Kong and Singapore. As many as 20 employees are set to go.
As part of the ongoing investigations into the scandal swirling around the 1MDB fund, a second former BSI private banker has been convicted in Singapore.
Earlier this year Japanese bank Nomura unveiled plans to establish a new Asian Infrastructure Project Office based in Singapore. It has now named the Head of Project Advisory.
Only seven months after taking up the role, the co-head of equity capital markets for Asia at UBS is said to be leaving the Swiss bank by the end of the year.
National Australia Bank is set to become the first major Australian bank to launch an Application Programming Interface Developer Portal.
Citigroup has tasked a high-ranking executive with more effectively fostering business leads between its wealth management arm and its investment bank in Asia.
Credit Suisse has reached an agreement with the Italian authorities to end an investigation. The bank will pay a fine for its practice to help Italian clients transfer assets offshore to avoid paying taxes.
Rajiv Jain for years acted as the figurehead for Bank Vontobel's asset management. After the star fund manager departed, the performance of the unit has declined.
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