BNY Mellon Wealth Management, part of Bank of New York Mellon Corp, has promoted from within a new leader of the International Wealth Management business.
The longtime chief executive of Rothschild private bank in Zurich is stepping down and will be replaced by the scion of a banking family.
Hong Kong’s Hang Seng Bank has announced the appointment of a new Head of Retail Banking and Wealth Management.
The Australian Securities and Investments Commission has permanently banned a former Perth-based financial planner from the financial services industry.
Swiss bank Credit Suisse not only eyes China as a growth market in APAC. Under its new CEO Australia is developing very well this year too, according to Helman Sitohang Credit Suisse’s APAC CEO.
Investec Australia has appointed two new senior additions to its Corporate Advisory and Financial Sponsors Transaction Group teams.
On January 17 1995 when the Kobe earthquake struck, over 6,000 people lost their lives. Later that morning in an office in Singapore a certain Nick Leeson felt a cold shiver run down his back.
The former chief executive of Westpac is resurfacing from a self-professed «gap year» after leaving the Australian bank last February. Here is her newest appointment.
BSI isn't at an end. Or not entirely. Here's what's left of the private bank after the authorities are finished with it.
The head of the Swiss National Bank's trading floor in Singapore is returning to Switzerland this summer as head of the central bank's money market activities, finews.asia has learned.
Zurich headquartered Swiss private banking boutique Falcon Private Bank has elected a new member to its board of directors with immediate effect.
The International Forum of Sovereign Wealth Funds has nominated US-based financial services Group State Street as one of its two official research partners.
Leonteq the fintech provider for investment and pension solutions, has launched its Teqlabs innovation lab facility in Singapore.
Only 5 percent of the assets of high-net-worth individuals in China are allocated overseas, compared with the global average of 24 percent. Experts emphasise that Chinese wealth management should g0 more global.
Tokyo has been lagging behind Singapore and Hong Kong in financial technology, however the Japanese government has finally passed a bill which is expected to spur fintech activity in the country.
Axel Weber, the chairman of UBS, is little optimistic about the future of the banking industry. He sees two main challenges ahead, with only little light at the end of the tunnel.
Singapore Exchange has entered into an agreement with The Baltic Exchange Limited. The proposed transaction would bring together complementary strengths of Singapore and London.
The enforced closure of Swiss bank BSI is rattling nerves at other financial companies based in Singapore. They worry about meeting a similar fate – a distinct possibility, according to a risk expert.
Crestone, the new Australian wealth management company founded by former UBS bankers, has told clients there will be trading and transaction restrictions when the business finally opens next month.
The Panama Papers leak of documents has implicated politicians and business leaders around the world in tax evasion.
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