The global asset manager Aviva Investors has appointed a National Account Manager to its Australian wealth management business.
The latest Manulife Investor Sentiment Index survey has revealed that although Singapore investors are diligent in saving and tracking their expenses, one in three hold debt excluding mortgages and the majority regret not planning their investments better.
UBS chief executive Sergio Ermotti said the Swiss Bank has no plans to spinoff or list parts of its business, such as rival Credit Suisse is preparing to do for its «Swiss universal banking» by the end of next year.
British firm Old Mutual Wealth will take a 100 percent stake in financial planning firm AAM Advisory in Singapore.
Swiss bank UBS had a record profit in 2015. Despite the formidable result, the bank has plenty to do still – finews.asia has compiled a list with the most important tasks ahead.
UBS plans to serve its most valuable clients with short-term asset allocation advice. To that purpose, it has hired a high-profile hedge fund manager.
Geneva based Union Bancaire Privée has increased assets under management, while limiting the impact of the strong Swiss franc on its operating results.
UBS met market expectations with a more than 6 billion Swiss franc net profit last year, and pledged to pay shareholders a special dividend on top of an ordinary payout.
Swiss technology company Avaloq has launched its new Business Process Outsourcing centre in Singapore.
A long-time veteran of Credit Suisse has re-joined the bank from Standard Chartered, where he was most recently Global Head of Financial Market Sales.
Switzerland's cooperation with India on the fight against so called black money continues and cites regular contacts between officials from the two sides.
Boris Collardi wants to keep his bankers on their toes, a boss should never be satisfied, the bank's chief executive, told finews.asia in anexclusive interview.
OCBC Bank has launched a fintech co-working space and innovation unit in Singapore and its first accelerator program to identify and collaborate with startups.
Julius Baer is looking at deal opportunities after taking on 59 billion Swiss francs in assets from its purchase of Merrill Lynch’s international arm, CEO Boris Collardi said.
As a result of the tax dispute with the US authorities, Zurich based Julius Baer Group has seen a massive drop in profits. However, it is believed an agreement with the American justice dept has now been reached.
Manulife Asset Management has made a significant appointment in Hong Kong on their Capital Markets and Strategy Team
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BNP Paribas Wealth Management have announced a new Managing Director and Chief Investment Officer for Asia.
Hong Leong Financial Group and Hong Leong Bank have announced new executive leadership appointments.
E-commerce firm Rakuten has launched a venture capital fund targeting startups in Japan.
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