The private banking arm of Crédit Agricole has announced the appointment of a new Hong Kong branch chief.
Swiss-based private markets firm Partners Group has expanded its presence in Asia with the opening of a new office in Hong Kong.
The current housing rescue measures in China are insufficient but more support will come, according to Citi Wealth’s APAC head of investment strategy Ken Peng.
In the eyes of Finma, the merger of UBS and CS has little impact on competition. However, in September 2023, the Competition Commission (Weko) still had serious concerns. The blank check could even weaken Finma's position as a supervisory authority. A critical...
Many high net-worth clients are getting comfortable with artificial intelligence as an investment decision-maker, although age is a factor.
In an assessment report, Singapore’s financial regulator flagged banking as the sector with the highest money laundering risk, following a $2.2 billion scandal.
A 20-year financial veteran has been appointed as CEO of Tokio Marine Financial Advisers (Singapore).
Artificial intelligence is expected to be a boon to the financial sector with a Citi survey forecasting that it will add $170 billion in global banking profits in the coming years.
Asia is undergoing a historic wealth transfer and private banking clients are increasingly thinking about the next generation. This has led to a surge in wealth planning demand, Julius Baer’s Rajesh Manwani told finews.asia.
Finma concludes the antitrust review of the bank merger without imposing conditions on UBS. This also means the authority will relinquish its unusual role as a competition regulator.
Until recently, the wines of the Princely Cellars were considered unremarkable. This has changed since Stefan Tscheppe assumed management of the vineyards in Vaduz and Austria’s Weinviertel. Finews.com visited the ambitious winemaker and also discovered which...
The rumors about Julius Baer taking over Swiss private bank EFG International have been put on the back burner. That doesn’t mean there won’t be some kind of deal.
HSBC’s Swiss private banking unit violated money laundering regulations involving politically exposed persons, according to Finma.
The number of millionaires expected to relocate will hit record levels in 2024, according to a report by Henley & Partners, with China leading in outflows.
Swiss-based Zurich has completed the acquisition of a majority stake in India-based Kotak’s insurance unit.
Despite the recent roll-out of a housing rescue package in China, the outcome thus far has fallen short of expectations. Do not expect a V-shaped recovery any time soon, according to BNP Paribas Wealth Management.
Swiss-based International Institute for Management Development has unveiled its «World Competitive Ranking» with a familiar Asian hub topping the list.
A new generation is on the brink of retirement. The mood among those born between 1965 and 1980, known as Generation X, is gloomy. However, there is good news for financial advisors.
A Russian billionaire on the European Union's sanctions list, a lawyer who secured 900 million euros in damages from Deutsche Bank in the Leo Kirch case ten years ago, and UBS's German subsidiary: The newly revealed legal case involving UBS has all the elements...
Rumors from Italy suggest that Ferrari is considering extracting Maserati from the Stellantis group. This is an appealing idea, according to finews.asia.
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