Investors in Switzerland are well aware of the shift to a net-zero economy, but they struggle with implementation, a new survey of finews.com in collaboration with Lombard Odier Investment Managers reveals.
There is a discussion these days about the likely cost of reconstructing Ukraine’s infrastructure and housing stock once the war is over. In a fair world, Russia would have to pick up the bill, Dieter Wermuth writes in an essay on finews.first.
Last week, a now suspended HSBC executive slammed the industry’s overemphasis on climate change as a top, immediate priority. This is not an uncommonly held view amongst financial professionals, especially in Asia.
HSBC’s wealth management arm remains in expansion mode with plans to hire around 100 private banking and 300 affluent banking staff by the end of 2022.
French asset manager Amundi has appointed a managing director and head of institutional business for North Asia.
The Monetary Authority of Singapore (MAS) has imposed additional capital requirements on OCBC Bank after its spotty response to phishing scams in December.
HSBC is reportedly considering listing its Indonesia unit on the local exchange, where the market is outperforming the broader region.
China’s premier Li Keqiang painted a bleak image of economic growth in the second quarter, warning that the country could struggle to record a positive figure.
Two executives at GrabFin, the fintech business of superapp Grab, have quit, Reuters reported, citing unnamed sources.
A new international tax agreement planned to come into force next year has been delayed.
The former CEO and co-founder of Aberdeen Asset Management offers his views on the current state of the asset management industry.
Australia’s Westpac has entered a deal to sell its Advance Asset Management business to Mercer Australia.
London-based insurer Prudential has hired the former Asia chief executive at Manulife to lead its business as part of a greater strategic shift towards Asia.
225-year old private bank Lombard Odier formalizes its strategic partnership with Australian wealth manager JBWere by inking an official agreement.
Wholesale crypto financial services player Babel Finance has raised additional funding, valuing the company at US$2 billion.
Bank of Singapore will strengthen its product capabilities with the hire of a seasoned industry veteran formerly from Blackrock.
Saxo Markets strengthens its investment capabilities with the hire of a new market strategist in Singapore.
Any agreement reached between China and the U.S. over the prolonged dispute will only be the first step.
Singapore’s sovereign wealth fund GIC has led an investing round in Indonesian robo-advisor Bibit, according to a DealStreetAsia report.
This year, Art Basel Hong Kong – which features UBS as its lead partner – has gathered even more galleries than the previous year, relying on traditional exhibitions as well as contactless solutions to work around the challenges of the city’s Covid restrictions.
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