Singapore Exchange and Brussels-based international central securities depository Euroclear Bank have announced the start of the Orchid bond structure in Singapore.
Even before kissing off $462 million on a ten-year hedge fund investment, Credit Suisse’s private bank hit the skids. finews.asia unpacks why.
Following the acquisition, Horizon Asset Management is now a wholly owned subsidiary of OCBC Bank through Kim Limited.
Sustainable investing continues to establish roots within the industry especially in Asia where over half of the region’s institutional investors will have largely implemented related factors in their processes by the end of the year.
Credit Suisse is looking to further expand its presence onshore in mainland China with the aim of bolstering its wealth management business.
HSBC makes three new appointments to oversee the overall investment strategy across the newly merged wealth unit.
Shopee, the e-commerce arm of Singapore's Sea Group, is planning on transforming Indonesian lender Bank Kesejahteraan Ekonomi (Bank BKE) into a digital bank, according to a «Reuters» report on Thursday.
An Asia Pacific managing director at KKR has reportedly resigned after 10 years at the private equity firm.
The Swiss bank swung to a fourth-quarter loss after a hefty financial crisis-era penalty in the U.S. as well as kissing off a U.S. hedge fund and restructuring. It plans to slightly lifts its year-end payout to investors.
Pre-tax income at Credit Suisse’s Asia Pacific unit slipped in 2020 mainly due to higher credit loss provisions.
He joined earlier this month from software provider VMware, where he spent a year as director for security modernization.
Asia continues to lag behind others in sustainability practices with many investors still preferring to test the market rather than fully integrate, investor services provider IQ-EQ’s Jimmy Leong told finews.asia.
The artificial intelligence-powered wealth manager's new offering will allow it to efficiently address the increasingly dynamic wealth and legacy requirements of clients.
The Swiss crypto bank closed a fundraising round by winning a major investment from SBI. The Japanese investor has big plans for digital assets.
He will be taking on a new role at the Saudi British Bank (SABB) – 31-percent owned by HSBC – from April 4.
The global reinsurance firm has made two senior appointments, effective 1 January 2021, to its life and health business in the region.
Julius Baer is adding a long-standing wealth manager to its board, underpinning its ambitions to grow its business with the U.K.'s wealthy.
Singapore regulators say safeguards in place to prevent «pump and dump» and «short and distort» scenarios.
A Swiss start-up attempting to build a payments network between Europe and Asia is on its way to a fintech license in Switzerland.
The local police’s anti-fraud unit intercepted nearly $400 million in a year that saw scams result in over $1 billion of money laundering.
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