Employee-owned, international financial services firm Baird has announced the appointment of a new Managing Director and Head of China Investment Banking.
HSBC Private Bank has announced two senior appointments in its Global Private Banking unit. The new regional head of the Private Bank will transition from the Commercial Banking business.
Nomura Holdings and Philippine bank BDO Unibank, the country’s largest bank, have announced that their joint venture, BDO Nomura Securities, has officially commenced operations.
Singapore financial technology company Smartkarma aims to challenge the high-cost of investment research services of traditional financial institutions in the region. The firm has opened a Hong Kong Office.
Commonwealth Bank of Australia Wells Fargo and Brighann Cotton claim to have undertaken the first global trade transaction between two banks using the blockchain.
Union Bancaire Privée wants to double its assets under management in Asia in the next couple of years and and will therefore hire a string of new relationship managers, Michael Blake, UBP's Asia CEO, said to finews.asia.
Swiss banking giant UBS has named the former Hong Kong based Chief Technology Officer for APAC as the new head of UBS blockchain.
Singapore and the Government of Andhra Pradesh have signed a financial technology cooperation arrangement. Will the arrangement lead to job opportunities and market access?
Swiss is to replace a further Airbus A340-300 with a Boeing 777-300ER. And the five remaining A340s in the Swiss fleet are to be provided with a totally new cabin product, including a new inflight entertainment system and internet connectivity.
The looming departure of the U.K. from the European Union is adding pressure on Credit Suisse to cut costs even more than the company already planned to do, according to top managers at the bank.
The Chairman of the Australian Bankers' Association has announced its chief executive will leave the group after six and a half years.
With the aim of developing a complete «Fintech Ecosystem» Mizuho, the second largest financial services group in Japan is finally establishing its own innovation centre.
For the first time ever, Guernsey Finance, the promotional agency for the island's finance industry, will be pitching Guernsey’s expertise in the investment fund and private wealth sectors in Singapore early next month.
The Securities and Futures Commission in Hong Kong has reprimanded J.P. Morgan Securities and J.P. Morgan Chase Bank for regulatory breaches. The entities were also hit with a substantial fine.
UBS is spending billions on an IT platform through which it will channel all booking processes of its wealth management business in the future. This will create new jobs – but will they be based in Switzerland?
Switzerland's UBS and Amazon are testing an interactive dialogue tool. And it is about much more than merely another chat function.
GAM, the Swiss asset manager, hasn’t turned the corner yet. GAM lacks size and profile and there are plenty of indications that the company may become a victim of the consolidation within the industry.
Fidelity International has promoted from within for the newly-created role of Managing Director, Asia ex-Japan. The role will integrate the Institutional, Intermediary and Defined Contribution business channels.
A former UBS Unit head will take over the role of Market Group Head Thailand at rival bank Credit Suisse. The incumbent will be taking an extended leave of absence.
Australian bank Westpac is set to cut jobs in Asia. The move comes as the largest Australian banks work hard at managing their costs and shift their focus on domestic business.
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