UOB head of private wealth Chew Mun Yew believes that it is critical for relationship managers to shift their focus beyond just investments as the client market shifts amid an unprecedented generational transfer of wealth.
While the integration of Credit Suisse and UBS is advancing, there are some complications along the way. UBS's plans in China will need to be reworked for regluatory reasons, which could make way for a financial giant from the US.
Hong Kong was featured as a top contributor to global net new money at Julius Baer in 2023, which has thus far seen a very slight uptick in client assets.
The expected «Credit Suisse effect» has failed to materialize at Julius Baer. However, the Zurich-based private bank is hoping to attract numerous new relationship managers.
Credit Suisse has hired a former China investment banker who is making a career shift to private banking, finews.asia has learned.
HSBC has announced the appointment of a head of wealth and personal banking for South Asia.
HSBC has added a new director with extensive board experience at renowned companies in Hong Kong, including rival lender Standard Chartered.
Morgan Stanley Investment Management has announced the appointment of a new head of Asia.
The Monetary Authority of Singapore has launched a new initiative to accelerate artificial intelligence adoption in the city-state’s financial sector by helping to close the talent gap.
Credit Suisse investors have been busy filing lawsuits against the Swiss financial regulator over losses resulting from the forced takeover, now employees could also be taking legal action.
Mazars is expanding its financial advisory and consulting practices in Singapore with the addition of two new local partners.
After Hiroshima, the G-7 charts out a future relationship with the mainland using two interchangeable terms. finews.asia looks at what it means for finance.
Raoul Weil experienced a state bailout at UBS firsthand. He was also successful at defending himself against the US. The CEO of asset manager Reuss Private Group talks to finews.asia about the Credit Suisse takeover and the Russia sanctions.
Hong Kong-based Sun Hung Kai & Co. has hired a former Mirae Asset executive as a managing director.
Singapore-based DBS is bullish on its own earnings outlook, with expectations of more record-breaking numbers in the medium term.
Despite disappointing economic data, China’s outlook remains positive, according to Standard Chartered which advised investors to hold exposure to the country’s financial markets.
Credit Suisse’s second-largest shareholder is considering a lawsuit over the bank's sale to UBS.
A recently released document shows just how precarious the situation at the troubled bank was in the run-up to its rescue.
Switzerland’s largest bank, as well as government, must do their utmost to ensure that the Swiss financial hub fully recovers from the damage sustained by the Credit Suisse debacle. In a piece for finews.first, Beat Wittmann indicates what is needed to make the...
Cyberattacks on digital payments are on the rise in Asia Pacific in the midst of emerging alternative methods like mobile wallets.
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