The Swiss Fund Manager Felix Zulauf warns of a more unsettled economic environment in the coming months. The Chinese financial system is deeply in trouble, he says.
U.K. banking group Royal Bank of Scotland has appointed a new Chief Executive of Private Banking, with responsibility for Coutts & Co and Adam & Company.
The Swiss Bank Vontobel announced Thursday a new growth initiative for Asia Pacific with the goal of doubling business volumes in this region by 2020.
Global investment manager Principal Global Investors has made another senior hire in Singapore, just one week after recruiting a former Director from the Monetary Authority of Singapore.
Performance suffered in a bear market for credit in 2015, but looking ahead, we maintain our high-conviction view that the US economy will not lapse into recession, writes Richard Woolnough, Fund Manager with M&G Investments.
As the integration of Coutts International and Union Bancaire Privee in Asia comes closer to conclusion, another senior banker from the acquired bank has opted to depart.
Against the backdrop of tumbling global stock markets and tepid growth forecasts in all major economies vintage rare cars are bucking the trend.
Credit Suisse is striving to reinvent itself under the most difficult market conditions. The same applies to Deutsche Bank. Both financial houses share a common large shareholder. A partial close alliance can no longer be completely ruled out.
Switzerland’s largest bank has frozen basic salaries in its investment bank at least until the second quarter of 2016, according to internal sources.
Geopolitical developments have a decisive influence on private wealth, both in a positive and negative sense, writes Princess Therese of Liechtenstein exclusively for finews.asia.
IRESS, a supplier of share market and wealth management systems, has appointed a new group level executive.
Under pressure German lender Deutsche Bank, who last month reported a 6.8 billion euros full-year loss for 2015, has appointed a new CEO to lead the Australian operations.
Executive search firm Heidrick & Struggles has added a new partner to the Financial Services and Private Equity team.
Singaporean firm Professional Investment Advisory Services has introduced the role of a Head of Partnership.
The Australian ETF industry recorded its highest ever annual growth in 2015, increasing more than 40 percent in funds under management from the year before.
By the close of business Tokyo stocks had plunged by over 5 percent on Tuesday on the back of an overnight sell-off in the U.S. and Europe.
In the sale of Ticino bank BSI, three serious interested parties are still in the running, finews.ch research confirms. However, the prospective buyers from Brazil have all dropped out.
Julius Baer wants to double down on growth in its two home markets, Switzerland and Asia, by targeting ultra-wealthy tycoons and entrepreneurs, traditionally the territory of far larger banks such as UBS and CS.
After his abrupt departure from the Executive Board of Credit Suisse last October, the former Switzerland regional CEO and joint head of Private Banking is back in action.
On behalf of finews.asia, as we welcome in the year of the Monkey we would like to wish you and your families a happy, healthy and prosperous Lunar New Year!
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