The following six members of BSI Bank’s senior management and staff in Singapore have been referred to the Public Prosecutor to evaluate whether they have committed criminal offences, namely.
According to the Monetary Authority of Singapore «BSI Bank is the worst case of control lapses and gross misconduct that we have seen in the Singapore financial sector».
Eastspring Investments is set to become the Master Agent to sell and distribute the mutual funds of Vontobel Asset Management in Taiwan.
«For the time being we have decided not to attack the Chinese market, with one exception,» Jérôme Pfund, Co-Founder, Chairman and CEO of Sectoral Asset Management, says in an exclusive interview.
NAB Ventures, National Australia Bank’s innovation fund, has made its first investment, backing a technology startup.
Investment Manager Neuberger Berman has appointed a Vice President in its Australian business. She has been hired to enhance and further develop coverage of the Institutional Client portfolio.
Melbourne based ANZ Bank has appointed a new Chief Financial Officer who will report directly to CEO Shayne Elliott. Previously she worked for UBS and Greenhill & Co.
Paris headquartered BNP Paribas has named a new Head of Financial Institutions Coverage for Asia Pacific.
The Qatar Investment Authority is engaged in negotiations with US asset manager Blackrock to buy Asia Square Tower 1 in Singapore. Previously the Norwegian Sovereign Fund and CapitaLand and ARA had expressed an interested in the property.
Swiss banking giant UBS has made further in-roads into China with news that UBS Futures has launched its financial futures brokerage service on the mainland.
French banking group Societe Generale has announced the appointment of a new Chief Country Officer, Korea and Branch Manager of Societe Generale in Seoul.
«There is a lot of ground work that has to be done over months and years before entering a market and we’re in this for the long-term,» Jessica Jones from Goldman Sachs Asset Management says in an exclusive interview with finews.asia.
The Federal Reserve has repeatedly overestimated the strength of the U.S. economy, Stefan Gerlach writes in his essay for finews.first.
While banking is a lucrative career, all banks are not equal. Here, we shed some light on some of the crucial aspects: which are the best paying banks overall and also who will share profits with junior bankers the most?
They may have recently lost out to their local rival OCBC for the Asian business of Barclays Wealth, but true to their organic growth strategy, DBS Private Bank has snapped up a talented wealth professional.
The Toronto headquartered financial services group has named a new Chief Executive Officer for Indonesia.
Swiss software specialist Temenos has announced that another wealth manager in Asia Pacific has selected their core banking solution product, replacing their existing legacy back office system.
Swiss boutique private bank Bordier & Cie hosted a networking event in a joint partnership with online portal E-Merging and financial news site finews.asia in Singapore.
Hong Kong is a less attractive fundraising market for fintech startups in Asia than its rivals China or Singapore. Why is this?
The veteran head of Credit Suisse’s shipping finance arm, resigned on Wednesday, according to research by finews.asia, a major setback for one of the Swiss bank’s biggest revenue-generators.
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