Singapore based OCBC bank reported a profit for the second quarter of 2016 down from a year ago. What influence has the acquisition of Barclays Wealth Asian units had?
London headquartered Standard Chartered Bank has appointed a former International Monetary Fund unit head as its new Chairman. Incumbent Sir John Peace will stand down at the end of this year.
A veteran UBS wealth management executive is leaving the Swiss bank, finews.asia has learned. The departure of the philanthropy specialist follows an overhaul of the bank's charitable activities.
Deutsche Bank was barely profitable in the second quarter and the chief executive will now examine further cost cuts.
Law firm Jones Day has announced the addition of five partners in Asia, boosting its banking and finance capabilities throughout the region.
Chicago based Backstop Solutions, a provider of cloud-based solutions for institutional investors, plans an expansion into the Asia-Pacific region with the opening of its sixth office and the hiring of a seasoned industry professional.
Singapore’s largest bank and the only Singaporean bank among the top six wealth managers in Asia DBS, has announced the addition of a well known wealth manager and a calibration of senior management.
Vontobel CEO Zeno Staub sees nothing unusual in the outflow of assets and doesn't feel under pressure to succumb to a yearning for big-buck-acquisitions. He reveals this and more he said in an interview with finews.ch.
Malaysia's government said it won't shield its citizens from punishment for alleged corruption at state fund 1MDB. Those named in the U.S. investigation include family and close associates of the prime minister – as well as reportedly the PM himself.
Following recent senior additions to the private banking unit, Singapore’s leading lender is said to have appointed the former Head of ultra high net worth clients Southeast Asia, from Switzerland’s biggest bank.
French banking group Societe Generale has reshuffled its management in North Asia. The former Chief Country Officer of Korea has taken on a larger role in Japan.
UBS Asset Management has announced the appointment of a head of fixed income, Asia Pacific, with immediate effect.
Australian bank ANZ has announced the appointment of a new CEO Laos. The bank focuses on Trade Facilitation, Global Markets and offers Priority services to the growing affluent community in the frontier market.
Rajiv Jain's departure as fund manager at Bank Vontobel has left its mark in the Zurich-based bank's books.
Zurich-based bank Vontobel continued its growth path in the first six months. Investment banking showed signs of weakness, as well as the bank's ability to attract fresh funds from clients.
First State Investments, the investment management business of the Commonwealth Bank of Australia, has appointed an additional Portfolio Manager to the Multi-Asset Solutions team in Singapore.
Switzerland's largest bank and Asia's largest wealth manager, UBS, will deliver their second quarter results this Friday. In the meantime the bank has added more muscle to its newest office in Kowloon.
International law firm Simmons & Simmons has moved to expand its financial markets practice in Hong Kong with the appointment of a derivatives and structured products specialist.
Julius Baer spent almost 70 million francs to buy Commerzbank's Luxembourg arm. The ulterior motive for the tiny deal, unremarkable at first glance, is only now unfolding amid hefty investments.
Offshore law firm Appleby acted as counsel in ten listings on both the Main Board and the Growth Enterprise Market of the Hong Kong Stock Exchange. Two more listings are expected to launch in the coming weeks.
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