Economic growth and assets have been artificially buoyed by imported interest rates since the financial crisis. That may be about to reverse itself, finews.asia argues.
Citi has closed the sale of its Australian consumer unit to NAB, completing the first of 14 exits from retail markets where it lacks scale.
Pictet's wealth management arm has bolstered its discretionary portfolio management unit with the hire of a former Julius Baer executive, finews.asia has learned.
Despite continued turbulence in crypto markets, blue chip token Bitcoin has suffered relatively less damage and this may be the early signs of decoupling from the broader ecosystem, according to Julius Baer.
France’s Eurazeo has launched a fund targeting Southeast Asia’s insurtechs, according to a DealStreetAsia report.
German asset manager DWS' CEO has resigned after a police raid of its offices on greenwashing allegations.
Swiss private bank Bordier has signed an agreement with a private equity fintech firm to expand its alternatives offering in Asia.
German prosecutors raided the offices of asset manager DWS and its controlling shareholder Deutsche Bank over allegations of «greenwashing,» according to media reports.
UOB has appointed a 30-year banking veteran as the chief executive officer of its Vietnam unit.
Residents in Shanghai may be able to breathe a sigh of relief as mainland China’s financial capital begins gradually lifting zero-Covid restrictions more than two months after the initial lockdown.
CIMB’s wealth management earnings faced a hit from market turmoil in the first quarter.
HSBC Asset Management has appointed the former chief investment officer for its Turkey unit to lead its Asia multi-asset team.
Justin Timberlake, Bruce Springsteen, and Bob Dylan all recently sold their entire music catalogs. Swiss private banks are increasingly playing a part.
The Zurich-based investment house is part of a years-long dispute that has now drawn the Finma into the mix.
Switzerland’s Federal Department of Finance is investigating Credit Suisse employees in relation to the Mozambique affair, «Tages-Anzeiger» reports.
A 15-year old climate activist stole headlines today after interrupting the chief executive of National Australia Bank Bank at a summit and slamming the industry for continued fossil fuel funding.
Sources are allegedly indicating that it is in the preliminary stages of considering how and whether to increase its financial buffer following last year's twin debacles related to Greensill and Archegos.
Long-serving Vontobel CEO Zeno Staub, doesn't sound like he will be leaving the investment firm anytime soon.
Bank of East Asia’s asset management arm has hired a chief investment officer for equities.
The Monetary Authority of Singapore has launched a program to pilot use cases for digital assets.
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