Wealth Management firm St. James's Place welcomes a new CEO in Singapore who has already been with the firm for over a decade.
The bad news for the staff of the crisis-ridden bank continues unabated. A former IT employee copied sensitive data about colleagues over years.
An academic has been unexpectedly selected as the next governor of the Bank of Japan. Onlookers are anticipating an end to the yield curve control policy.
In wide-ranging comments to the media, the chief executive unintentionally highlights how the city is changing in its attempt to return to full normality.
A 14-year Blackrock executive has been chosen to lead the US asset manager’s Taiwan unit.
Fund selectors worldwide have been increasing their usage of third-party managers in recent years, according to a Natixis survey, with a strong focus in 2023 on fixed income and alternatives in Asia.
As part of plans to boost discretionary assets, Julius Baer is ramping up efforts to promote the benefits of disciplined investing. The bank expects improved investment performance with little need for the smarts.
DBS’s crypto exchange benefitted from being a regulated entity amid the crypto winter in 2022 and it expects more growth in 2023.
BNP Paribas has announced the appointment of a newly created role for its securities services business in Australia and New Zealand.
UK-based Jupiter Asset Management has named a new head of Asia following two other senior appointments in the region.
Singapore’s DBS outlined the bank's exposure to the Adani Group which totalled around $1 billion.
Over a third of the assets reported in Switzerland with links to Russia are at Credit Suisse. This includes funds from sanctioned persons, but not exclusively.
Following the retirement of a senior DBS banker, the Singaporean lender has reorganized its leadership team, including the creation of a new North Asia role.
Deutsche Bank has hired two wealth management veterans for the North Asia market, including another ex-Credit Suisse executive.
Assets under management at DBS’s wealth arm climbed to a new high and group chief Piyush Gupta noted that there was more cash readying for deployment.
The recent launch of Chat GTP prompts a big scramble by mainland big tech. finews.asia tries to find out what is going on.
One month after bans on online brokerage platforms, traditional brokerage houses are also reportedly being affected from Beijing’s crackdown on cross-border activities.
Swiss insurer Zurich boosted its Asia Pacific profits in 2022 to record levels while adding nearly half a million new customers in the region.
The wealth arm of DBS saw net new money inflows more than double in 2022, despite a challenging year that saw mass de-risking.
Despite a volatile year for markets, DBS managed to capitalize on higher interest rates to register improved profits from record revenues.
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