Short-termism in business leads to various temptations and risks, according to LGT CEO and chairman Prince Max von Liechtenstein who called annual returns «meaningless».
Melbourne-based ANZ has settled on a class action suit related to credit card interest charged under allegedly unfair contract terms.
Switzerland’s Union Bancaire Privée already has a high caliber board of directors. One more well-known industry figure is now set to join.
Economic uncertainty, high interest rates and ongoing geopolitical tensions contributed to the decade-low fundraising in Asia Pacific’s private equity market, according to a Bain & Co report.
The annual World Happiness Report is back, and it shows much of Asia doing its utmost best to outdo last year’s dollop of relative gloom.
Financial hubs in emerging markets outperformed developed markets in terms of changes in ratings, according to a GFCI report.
The names of candidates slated as replacements for CEO Philipp Rickenbacher are starting to materialize. Surprisingly, the bank seems to have a broad and deep selection of highly competent experienced suitors who can help get the bank back on track.
A growing number of founders are seeking alternative philanthropic structures to independent foundations. According to Lombard Odier’s Maximilian Martin, this is being driven by the adoption of a forward-looking approach to ever-changing visions.
All eyes are on India this year as global banks continue to tap into its growth opportunities. The market is expected to see another round of recruitment drive in both investment and private banking.
China has risen to become the world's second-largest art market in 2023. With the country facing an economic crisis, will the mood shift? Swiss Asia specialist Urs Meile explains why a very different picture will be seen at Art Basel Hong Kong these days.
AI is not only an important thematic investment but is also extensively used by J.P. Morgan Asset Management to identify new investment opportunities, explains Katherine Magee in an exclusive interview with finews.asia This reflects a dynamic combination of AI and...
For finews.art, the curtain was lifted Friday to reveal a long-hidden treasure: Gustav Klimt's «Miss Lieser». This masterpiece, which spent a century in a Sleeping Beauty slumber, was unveiled in an exclusive presentation at the five-star Mandarin Oriental Hotel in...
It is not a well-known fact that UBS's leader Sergio Ermotti has to come up with three internal candidates to replace him. One specific criterion must be met. And it does not help the better-known candidates much.
Institutional investors in Asia are seeking to de-risk their portfolios, according to a survey by Nuveen. In line with the global trend, the region is looking to shift exposure away from equities into high-quality fixed income.
Work-life balance is a key driver for many prospective bankers choosing an employer, especially those seeking to build a family. J.P. Morgan Private Bank’s Asia CEO Harshika Patel spoke to finews.asia about her experience being hired while having her first child.
Local authorities in Hong Kong are making persistent efforts to boost the city’s status as a global hub. A trio of financial events will be showcased next week featuring numerous industry leaders.
UBS continues to advance its strategy and the integration of Credit Suisse in the Asian region. This time numerous CS customer accounts are affected, according to a media report.
Paris-based BNP Paribas has announced ambitious expansion plans for its wealth management business in Thailand.
Crypto crimes continue to be on the rise worldwide. In the UK, this includes one of the largest cases of bitcoin laundering by a British-Chinese woman.
New York-based BNY Mellon has expanded product access in Asia to a US asset manager specializing in alternative credit.
Page 21 of 1007
