Wednesday, 29 October 2025

FINANCE Friday, 29 January 2016 19:07

Banking With the Mullahs

Two weeks ago, sanctions against Iran were lifted. Banks are losing no time building business relations in a potentially lucrative market.

FINANCE Friday, 29 January 2016 18:12

Asset Jump for VP Bank

As a result of the merger with Centrum Bank, Liechtenstein's VP Bank Group is expecting a substantially higher group net income, in comparison to the previous year.

FINANCE Friday, 29 January 2016 15:54

Swiss Bank Reyl Bets on Iranian Consumers

Turquoise, a financial services group in Iran, is launching an Iran-focused private equity fund in partnership with a Swiss bank.

HIGH-END Friday, 29 January 2016 15:51

Gina Rinehart no Longer Wealthiest Australian

For a period of five years Gina Rinehart, the iron-ore tycoon, sat atop Australia’s richest charts, however she has now been dethroned – by another woman.  

FINANCE Friday, 29 January 2016 15:42

ANZ Trader Withdraws Legal Action

finews.asia reported recently two former employees of ANZ Bank were taking legal action against the bank and had threatened to unveil other unpleasant behaviour. Now in an unexpected twist one litigant has suddenly decided to change his strategy.

PEOPLE Friday, 29 January 2016 12:37

How an Oilfield Engineer Became a Rainmaker at Credit Suisse

Helman Sitohang is the first Indonesian to be appointed by a high profile global institution such as Credit Suisse chief executive in control of Asia Pacific. Who is this man?

FINANCE Friday, 29 January 2016 06:11

German Tax Authorities Investigate Suspicious Tax Deals

The tax authorities in North Rhine-Westphalia last year received information that more than 100 financial services companies were involved in suspicious tax return deals. The list of companies contains prominent names.

PEOPLE Thursday, 28 January 2016 16:00

Private Bank Edmond de Rothschild Enhances Hong Kong Team

Geneva based bank Edmond de Rothschild has confirmed to finews.asia it has added a Managing Director to its Hong Kong office.

FINANCE Thursday, 28 January 2016 14:20

Swiss Affiliate Bank Faces Liquidation After Mis-Selling Claim

A seven year legal battle across the Middle East between a Swiss private bank and a prominent regional family is about to reach a dramatic finale.

FINANCE Thursday, 28 January 2016 08:49

European Lender Expands in Shanghai

As business links between China and the European Union continue to grow a Dutch bank is strengthening its commitment in the Middle Kingdom.  

FINANCE Thursday, 28 January 2016 05:47

Credit Suisse: Brady Dougan Was Right After All

Brady Dougan's penchant for CoCo-bonds as a means to bolster Credit Suisse' capital brought him discredit, not least due to the Swiss government's capital requirement rules. Now, the former CEO seems to have been exonerated.

FINANCE Wednesday, 27 January 2016 19:18

Credit Agricole Private Banking Rebrands

The French banking giant Crédit Agricole has re-branded its entire private banking activities again. The latest realignment is also a journey into the past. 

FINANCE Wednesday, 27 January 2016 15:05

Fintech Winners Take Home $10k

A UK start-up edged out local and international competitors at the Fintech Finals 2016 pitch competition in Hong Kong.

PEOPLE Wednesday, 27 January 2016 10:20

Australian Bank in Management Shake Up

New ANZ Chief Executive Officer Shayne Elliott today started to shape his management team as he announced changes to the bank’s senior leadership structure.

FINANCE Wednesday, 27 January 2016 07:06

Hiring in Southeast Asian Banking and Finance Sector Remains Weak

As market volatility continues across the APAC region, online recruitment action in the Banking and Finance Sector continues to fall annually in Singapore and Malaysia.

FINANCE Wednesday, 27 January 2016 07:02

First Office in Asia for Swiss Consulting Firm

BRP Bizzozero & Partners, a Swiss consultant to financial services companies, has opened a branch in Singapore.

FINANCE Wednesday, 27 January 2016 03:06

Zurich Appoints New CEO

A keen cyclist who offers a combination of entrepreneurial spirit, deep industry knowledge and CEO experience has been appointed to the role of Zurich’s Chief Executive Officer effective May 1, 2016.

FINANCE Wednesday, 27 January 2016 01:14

Banque Heritage Keeps Focus on Expansion

Banque Heritage has agreed to buy an independent wealth manager based in its neighborhood, maintaining an expansionary strategy following two takeovers in 2015.

FINANCE Tuesday, 26 January 2016 19:19

The Bitter End of a Digital Bank

The story looked quite straightforward: a small bank based in Zurich is fined by the U.S. justice department for accepting untaxed assets belonging to U.S. citizens and decides to give up its business. However, the two things have nothing to do with each other.

FINANCE Tuesday, 26 January 2016 17:56

Investment Manager Makes Senior Hire in Japan

Axa Investment Managers has hired an External Director and Chairman in Japan as the company works to develop its footprint in the country.

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