Franco Polloni would love to have a nonstop train line between Zurich and Lugano. Zurich, which is his second home, is a financial center with enormous dynamism, he told finews.asia in an interview.
Pressure is ramping up for the US and China to reach a deal to prevent some 200 companies from the latter from being booted from New York exchanges, with SEC chair Gary Gensler continuing to express limited confidence.
The Swiss-based investment house intends to drop wealthy private clients in Hong Kong in favor of other businesses, information received by finews.asia indicates.
The British-based lender receives approval from local authorities to establish a subsidiary in Taiwan.
China’s banking regulator called on the nation’s local lenders to support developers to complete unfinished housing projects, marking a potential turnaround for the property crisis.
Japan surpassed other nations to take the top spot as the best passport to hold, according to Henley & Partners, based on its accessibility to worldwide destinations.
AIA has named a successor to the role of chief partnership distribution officer in its Singapore unit.
A 28-year Standard Chartered veteran has been named the global head of the bank’s digital business.
Julius Baer bolsters its sales and advisory capabilities in the region with the hire of a former investment banker from HSBC, finews.asia has learned.
An executive from independent wealth manager Rockefeller Capital Management reportedly said that prevailing challenges from geopolitics and the pandemic in China will impact the trajectory of expansion by foreign financial firms.
The Singapore regulator's chairman believes inflation will peak in the third quarter. In a speech, he also strongly defended crypto-related regulation.
The government of Hong Kong has newly stationed an officer in Brussels, Belgium to attract European family offices to invest in the city.
Bank of Singapore is the latest wealth manager in the region to turn positive on China, highlighting that the policy tightening for the internet sector has peaked.
France's Natixis Investment Managers has hired a former executive from Fosun to lead its business in China.
Fidelity’s investment management arm has announced the appointment of a new head of equities for Asia Pacific.
High inflation in the EU area and geopolitical uncertainties are some reasons why Europeans move assets to Switzerland. Yet as the country drifts further away from Brussels, going after these clients could become more complicated.
Former UBS executive to lead British lender's wholesale business in Asia.
J.P. Morgan has reportedly made internal announcements for the appointment of senior managers for the region’s financial institutions group.
ANZ has agreed to purchase insurer Suncorp’s banking arm as part of broader plans to grow its mortgage book.
Union Bancaire Privée recorded higher profits in the first half but saw total client assets shrink due in part to ongoing market turmoil.
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