Hubert Keller took on the top position at Lombard Odier at the beginning of the year. If he does his job well, no one will notice the change in leadership, the private bank’s senior managing partner told finews.asia in an interview.
Citi has launched a new commercial banking unit and appointed a head for the Asia Pacific region, finews.asia has learned.
Geneva-based Lombard-Odier's laser-like focus on advising and managing clients' assets has served it well over the years. That changed last year when the strategy turned against the private bank.
The Shenzhen and London stock exchanges have signed an agreement to further expand investment links between China and the UK.
Singapore-based multi-family office Farro Capital has reportedly attracted $1 billion in assets under management in a matter of months.
Some minority investors of HSBC are reportedly demanding a vote at the 2023 shareholder meeting on a decision about a spin-off of the Asian business as well as higher dividends.
Despite optimism from the bank about continued upside in Chinese equities, investor confidence and trust remains low, according to UBP, due to political uncertainty both locally and internationally.
A deal to sell Citi's consumer business in India to local private lender Axis Bank has been completed.
German asset manager DWS has announced the appointment of a chief executive for its Taiwan joint venture.
Indosuez Wealth Management has lost a private banker in Singapore who has left to pursue new opportunities at a rival lender, finews.asia has learned.
A top investment banker from Nomura’s Singapore office will move to London to lead global markets.
The recent Finma decision on the Greensill debacle highlights the Swiss bank's severe organizational deficiencies and rampant conflicts of interest.
German industrial insurer HDI Global has opened a new representative office in Thailand and appointed a new managing director to lead the unit.
Citi has completed the sale of its consumer banking unit in Vietnam to UOB as part of a broader deal involving four Southeast Asian markets.
Funds raised from HSBC’s latest convertible security issuance beat its original target.
The investment management arm of Allianz adds a new portfolio manager to its Asian equity team.
Hong Kong-based Vantage Capital Markets expands its investment banking unit with three new hires.
Wealth management firm St. James’s Place will close its Shanghai office and instead focus on Hong Kong and Singapore for its regional business.
The Royal Bank of Canada’s Asia wealth unit has strengthened its product capabilities with a series of recent hires from UBS, Credit Suisse and Standard Chartered.
Swiss private bank J. Safra Sarasin increased profits despite less client money. finews.asia spoke to the bank's Chairman Juerg Haller about the start of the year and the Credit Suisse effect.
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