Global law firm Clifford Chance has appointed its next Regional Managing Partner for its nine office Asia Pacific practice, spanning Greater China, North and South East Asia and Australia.
Mitsubishi UFJ Securities in Hong Kong has appointed a new Executive Director to the Capital Markets Group.
On the back of recent redundancies in Europe and the U.S., the Japanese bank has now started to cut into the Asia-Pacific operations.
Growth strategy consulting firm Frost & Sullivan are forecasting substantial fintech growth in Australia. An affluent 18-34 demographic in particular is driving consumer demand for fintech products.
According to S&P Global Market Intelligence's latest global bank rankings, the world's five largest banks are all based in Asia. The sixth ranked bank also relies heavily on Asia for revenue and growth.
The first-quarter of 2016 has seen global fintech investment surging to 67 percent year-over-year to $5.3 billion. The majority of investments were allocated to ventures in Europe and Asia.
The European financial sector is currently a no-go zone for many investors – but not for David Herro of Harris Associates. The US investment company has a five per cent stake in Credit Suisse.
The British based bank HSBC has named another global head this time in Sydney. The bank forecasts that 80 percent of Australia’s exports will land on Asian shores by 2020.
Ramping up the credibility of the emerging financial technology industry another notch, The Monetary Authority of Singapore has announced the inaugural Fintech Festival.
Australian bank ANZ has received regulatory approval for the appointment of a new «President Director», for its Jakarta based business, PT Bank ANZ Indonesia.
After just over a month since the departure of former Chief Executive Peter Flavel to Coutts in the U.K., J.P. Morgan is said to have culled a number of bankers from its private banking business in Hong Kong and Singapore.
The acquisition of the Coutts International business by Union Bancaire Privee is one deal that swam against the recent trend. For a change an Asian dominated wealth management business unit was bought by a Geneva domiciled institution.
finews.asia has learnt that the Co-Head of HSBC Private Bank in Singapore has left the bank.
Following a strategic assessment of its international operations, Nomura Holdings has announced several changes to its wholesale businesses in Europe, the Middle East, Africa and the Americas.
Banks are set to significantly increase the cost of individual client advice in the near future. As a result, most clients will be priced out and will have to get by without advice. That is the prediction of Mike Judith of Norwegian DNB Asset Management.
Financial services firm Vistra Group with its head office in Hong Kong has entered a new market in Asia.
The inaugural international edition of UBS's «Investor Watch» report reveals changing perceptions toward post work years.
HSBC Private Bank has announced the appointment of a new Head of Global Private Banking, South East Asia. The new role recognises the significance of the Southeast Asian market segment for the U.K. headquartered banking group.
Eastspring Investments, the Asian investment management arm of the U.K.’s Prudential, has announced the recruitment of a new Chief Executive Officer for Eastspring Investments Berhad Malaysia.
Picking up on the reverberations of the massive leak from Panama law firm Mossack Fonseca, the Auckland government has now launched a review of disclosure rules covering foreign trusts registered in New Zealand.
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