Bidders of Bank of East Asia’s life insurance unit were unveiled and headed to the final stages of negotiation in a deal valued at up to $600 million.
Vontobel has named a marketing manager for the Asia Pacific region with a focus on further raising awareness of the firm’s brand and investment funds amongst investors.
Swiss Re's corporate business has appointed a new head for several key markets. The experienced insurance executive moves from Sydney to London specifically for this purpose.
Hong Kong’s top lenders are accelerating their Greater Bay Area efforts with ambitious investments into mass recruitment, digital infrastructure and more.
Edmond de Rothschild lost its chairman as it wraps a major revamp. His widow and several other influential women decide where to take the bank without him.
HSBC has internally appointed its current Hong Kong business and commercial banking head to lead the Greater Bay Area office.
Chinese smartphone giant Xiaomi is challenging investment bans imposed by the last U.S. administration by filing a legal complaint through American courts.
BNY Mellon Investment Management has appointed a new president for Japan to succeed former president Shogo Yamaguchi.
Indian authorities plan to propose a new law to ban private cryptocurrencies and implement a framework for an official central bank digital currency.
HSBC will build its second onshore private banking business in Southeast Asia with the establishment of a new unit in Thailand.
Julius Baer spotlighted its strategic focus on domestic activities across an array of markets in Asia, adding that locally booked clients accounted for a quarter of the group’s total assets under management.
Swiss Re will accelerate growth in India with the appointment of a new client market head of its life and health business.
The Swiss private bank's profit surged by more than half despite several hefty charges to set aside past missteps. It also launched a share buyback on top of a year-end payout.
Schroders has hired multiple seniors to expand its private asset capabilities, in part to strengthen its credentials in the Asia Pacific region.
StashAway co-founder Michele Ferrario called out private banks for high fees, product-pushing, excessive risk-taking and other issues in a conversation with finews.asia.
Singapore’s largest lender is significantly expanding its insurance headcount, targeting over 650 new staff by the end of this year including a newly created role made for the post-covid environment.
Increasing concerns about the future of Hong Kong’s legal regime has driven a wave of queries from international firms about whether or not to write out Hong Kong from arbitration clauses when doing business in the financial hub.
After a year of realignment, Philipp Wehle has flipped the switch in Credit Suisse's international private banking. In an interview with finews.asia, he now details his growth plans with the bank's wealthiest private clients for the first time. He also invests...
The Swiss bank isn't going to give on Andrea Orcel's $50 million in back pay after he takes the top Unicredit job.
Private bank EFG International responds to Brexit: in Cyprus, the bank has expanded its licenses to absorb asset movements.
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