London headquartered Lloyds Bank has named a new Chief Executive Officer to its Commercial Banking Division in Asia. The new head will be based in Singapore.
Deutsche Bank has confirmed that it has commenced negotiations with the Department of Justice in the United States with a view to seeking to settle civil claims.
Following the departure of Long-serving Willis Australia chairman and chief executive, Tony Barber, global advisory company Willis Towers Watson has appointed a new Regional Head of Australasia.
International law firm Allen & Overy has appointed two new partners into its Greater China capital markets practice.
Credit Suisse has hired an experienced UBS banker to bolster the International Wealth Management division. The banker was at UBS, for about a decade and responsible for capital market sales and capital markets UHNW in Asia Pacific.
Zuercher Kantonalbank is the first Swiss financial company to sign a deal with China Construction Bank for the clearing of renminbi.
With the appreciation of Prime Minister Shinzo Abe’s initiative to empower women, the Government of Japan has announced the launch of the first «Japan ASEAN Women Empowerment Fund».
Private banks in Singapore are sharing with local police the names of clients embracing the Indonesian tax amnesty.
Herbert Scheidt, the man who takes of the Swiss Bankers Association, wasn't a widely expected choice for the post. The Vontobel chairman will need to act swiftly to calm the choppy waters troubling Swiss banking.
Executive search firm Heidrick & Struggles has a new partner in Tokyo, to lead the firm's Financial Services Practice in Japan and the Insurance Sector for Asia Pacific and the Middle East.
BNP Paribas Securities Services in Australia has appointed a Sales Manager for NSW and Queensland, and a Head of Private Equity and Real Estate.
Provider of financial data management solutions, eWise has announced a partnership with Singapore’s WeInvest. Their product streamlines the investment process, generally available only to high net-worth individuals.
Kuala Lumpur headquartered CIMB Group has obtained approval from the Bank of Thailand for the appointment of a new President and Chief Executive Officer of CIMB Thai.
Wealth consultant Sebastian Dovey's latest baby is Ruby, not a child, but a new award, the Oscar award for videos from wealth managers.
Decalia Asset Management has hired an experienced manager from a French rival to take care of two new funds.
Acron, a Swiss real-estate investment company, has added two experts from the world of finance to its management team. Both have been nominated as managing directors and will report to CEO Kai Bender.
Bayer’s $66 billion takeover of Monsanto is the largest cash buyout in history and Germany’s second-largest ever merger. The deal means a third-quarter windfall for Credit Suisse’s ailing investment bank.
Hong Kong's financial regulator has reprimanded and fined The Hongkong and Shanghai Banking Corporation, also known as HSBC, for regulatory breaches and internal control failings.
In a move which will make the country more attractive to potential Asian based investors, the Cypriot Cabinet has approved significant new changes to the Citizenship by Investment program.
In 2015, the Equiom Group acquired AFP Group, a trust and corporate services provider based in Hong Kong. Now Equiom has dipped into the market again further expanding its Asian footprint.
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