Liechtenstein-based LGT posted higher net new money and assets under management in 2023, citing positive results from various Asia Pacific markets.
Allianz Group’s asset management arm has announced the appointment of a new head of Japan.
US-based Goldman Sachs will exit transaction banking in Japan after announcing its entry plans less than a year ago.
London-based HSBC's private banking arm strengthens its Asian ultra-high-net-worth business with the hire of two former Credit Suisse executives.
Toronto-based insurer Sun Life has announced the appointment of a chief client experience and marketing officer for Asia.
The private banking arm of OCBC has hired the former Hong Kong chief operating officer of Credit Suisse.
After six years of investigative work, the Attorney General of Switzerland has imposed a penalty on the former bank BSI amounting to several million francs. It transpires, however, that the verdict is just the next stage in the corruption scandal surrounding...
There is not a precedent where a company goes from well below a $1 trillion market capitalization to be close enough to discuss a $2 trillion market capitalization in less than a year, Christopher Gannatti writes in his article on finews.first. Is it all hype?
HSBC’s integrated banking platform has partnered with a renowned esports player in the widely popular online game «League of Legends».
The female share of the global UHNW population is on the rise, according to a Julius Baer report.
Women in Asia already play a relatively prominent role as private bankers. This prominence could further increase as female wealth also grows in parallel. finews.asia spoke to industry leaders on International Women's Day.
The asset management arm of J.P. Morgan has expanded its exchange-traded fund team with a new hire in Japan.
Some countries are the most optimistic in the world about the strength of the global economy while others are the most pessimistic. What gives?
A new bill has recently been passed aimed at enhancing the Singapore regulator’s supervisory powers in response to the growth and increasing complexity of the financial sector.
The private banking arm of Crédit Agricole has appointed two senior bankers for its North Asia team to cover Taiwanese clients.
Global consulting firm EY has announced the appointment of a new managing partner for financial services in APAC.
According to media reports, UBS is reframing the decarbonization targets of the merged major bank. The Credit Suisse plan of phasing out coal financing altogether is to be scrapped.
UBS’ brand value has increased by 25 percent according to new rankings, propelling the Swiss banking giant far up the list of the 500 most valuable banking brands.
LGT believes that the US dollar will remain the primary reserve currency, underpinned by the depth and sophistication of America's financial markets and the greenback's role in global trade.
The China onshore asset management unit of Morgan Stanley has reportedly cut staff as part of broader plans to stay defensive amid a difficult environment.
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