Wednesday, 5 November 2025

PEOPLE Thursday, 1 December 2022 12:48

J.P. Morgan Private Bank Appoints Asia Head of Investments

J.P. Morgan has announced the appointment of a successor for the role of head of investments in the region.

FINANCE Thursday, 1 December 2022 12:29

RBC Rides Migratory Wave with HSBC Deal

In addition to further consolidating its domestic position, RBC’s latest HSBC deal will also bank on growth driven by a global wave of migration, especially by wealthy individuals in Asia. 

FINANCE Thursday, 1 December 2022 12:16

HSBC Eyes Possible Sale of Retail Unit in New Zealand

Shortly after announcing a sale of its Canada unit, HSBC said it is now reviewing its New Zealand retail unit with the possibility of offloading the business.

FINANCE Thursday, 1 December 2022 12:13

Credit Suisse Seeks to Tap Bond Investors Once Again

Credit Suisse recently shocked investors by issuing bonds with punishing yields. Now it is rumored it wants to tap the debt markets further.

FINANCE Thursday, 1 December 2022 12:12

Julius Baer Pays Hefty Fine on Business with Yukos

Julius Baer International, a subsidiary of Swiss private bank Julius Baer accepts the ruling from the UK's FCA and will pay a substantial fine. The three employees involved are appealing.

FINANCE Thursday, 1 December 2022 12:09

Credit Suisse: «When There's Blood in the Water, the Sharks Appear»

Since the start of rights trading, Credit Suisse's share price steadily eroded, and the price of insuring its debt bond is shooting up. Observers see speculators at work.

PEOPLE Thursday, 1 December 2022 11:22

BNP Paribas Strengthens APAC Transaction Banking Unit

BNP Paribas has bolstered its Asia Pacific transaction banking unit with two new appointments for global trade solutions.

FINANCE Thursday, 1 December 2022 09:21

SNB Vice Chair Makes the Case for Cash

In a time when cash usage is dwindling and big banknotes are increasingly falling into disrepute, one central bank is steadfast. The Swiss National Bank makes a case for cash.

FINANCE Wednesday, 30 November 2022 17:25

Online Silence Sparks Worries at Hong Kong Crypto Exchange

The social media channels of major Hong Kong-based crypto firm Atom Asset Exchange have gone offline, sparking concerns of an impending collapse.

FINANCE Wednesday, 30 November 2022 15:33

Nearly All APAC Family Offices Name Inflation as Top Concern

Inflationary pressures are on the rise with the vast majority of family offices in Asia Pacific citing it as the biggest risk to markets, according to a survey by Raffles Family Office and Campden Wealth.

FINANCE Wednesday, 30 November 2022 14:01

SEBA Opens Hong Kong Office

Swiss crypto bank SEBA will look to establish its Asia Pacific presence with the opening of a new office in Hong Kong.

FINANCE Wednesday, 30 November 2022 11:58

Nomura Seeks Revenue Boost From Wealth Unit

Japan’s largest brokerage Nomura is seeking to boost revenue via wealth management as well as its equities and private markets businesses.

PEOPLE Wednesday, 30 November 2022 11:13

Federated Hermes Appoints Wholesale Distribution Director

US asset manager Federated Hermes has appointed a new director for wholesale distribution in Asia Pacific.

PEOPLE Wednesday, 30 November 2022 10:59

Indosuez Hires Private Banking Trio for Southeast Asia

Indosuez Wealth Management has expanded its Southeast Asia business with the hire of three new executives. 

FINANCE Wednesday, 30 November 2022 09:51

HSBC Agrees to Sell Canada Unit to RBC

HSBC will look to exit its Canadian business and sell the unit to local giant RBC with considerations of issuing a one-off dividend through the surplus generated from the deal. 

FINANCE Tuesday, 29 November 2022 15:52

Coincub.com: Singapore is the Most Business-Friendly Crypto Nation

Despite recently taking a more cautious regulatory approach, Singapore ranked as the most business-friendly country worldwide for cryptocurrencies, according to Coincub.com.

FINANCE Tuesday, 29 November 2022 14:47

SJP: Family is Top Source of Financial Advice for Millennials

Despite their reputation for internet usage and self-driven thinking, millennials in Asia are found to be most reliant on their families as the top source of financial advice, according to a report by British wealth manager St. James's Place.

PEOPLE Tuesday, 29 November 2022 12:32

Fidelity International Hires Group Marketing Chief

Fidelity International has hired an ex-HSBC executive as its new group chief marketing officer.

FINANCE Tuesday, 29 November 2022 11:42

Benjamin Cavalli: «Onshoring Offers Wealth Opportunities»

A refreshed strategy has Credit Suisse focused on onshoring, China, the ultra-rich and high net-worth individuals. APAC wealth management head Benjamin Cavalli spoke to finews.asia about the long-term vision for the business in the region.

PEOPLE Tuesday, 29 November 2022 10:47

These Are the Richest Bankers in Switzerland

Turbulence in the capital markets hasn't done much to hurt the super-rich. One fintech entrepreneur even made it into the top ten of a popular ranking.

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