Thursday, 30 April 2026

FINANCE Wednesday, 27 January 2021 17:58

UBS: Ralph Hamers' Doubts About Axel Weber's Dream

UBS Chairman Axel Weber has long cherished a dream for his bank. The new boss Ralph Hamers thinks it is difficult to realize.

PEOPLE Wednesday, 27 January 2021 17:02

Investor Services Firm IQ-EQ Establishes Asia Real Estate Team

Driven by a «high level of real estate investment activity» in the region, investor services company IQ-EQ has built a dedicated team in Asia based in Singapore.

PEOPLE Wednesday, 27 January 2021 16:27

Goldman Sachs CEO Takes 1MDB Pay Cut

Goldman Sachs board has officially cut chief executive David Solomon’s salary by over a third as a result of the 1MDB-related penalty.

PEOPLE Wednesday, 27 January 2021 15:30

Noel Quinn: «I Am Not in Hong Kong Purely Because of Profit»

HSBC chief executive Noel Quinn defended a number of positions during a committee meeting with British politicians including a decision to comply with orders from the Hong Kong police to close a self-exiled activist’s account.

FINANCE Wednesday, 27 January 2021 14:46

WWF: Asian Asset Managers Lagging in ESG Investing

Asian asset managers are significantly behind their European counterparts when it comes to addressing climate change and other environmental concerns within portfolios, according to a report by the WWF.

FINANCE Wednesday, 27 January 2021 14:40

Andrea Orcel Set to Become Unicredit's Next Chief Executive

The former head of UBS' investment bank is reportedly tussling with the Swiss bank over more than $50 million in back pay in order to head for Unicredit, where is said to become CEO.

PEOPLE Wednesday, 27 January 2021 12:18

Aviva Singlife Chairman Joins Singapore Startup

The chairman of the recently merged Singapore insurer Aviva Singlife joins another firm in the city-state, this time a homegrown fintech startup.

PEOPLE Wednesday, 27 January 2021 10:56

BNP Paribas Wealth Management Hires Hong Kong CEO

BNP Paribas Wealth Management has hired a former Standard Chartered private banker as its Hong Kong chief executive, finews.asia has learned.

FINANCE Wednesday, 27 January 2021 10:20

PBoC: Ant IPO Could Be Revived

China’s central bank governor recently noted that there was a possibility for Ant Group to successfully list in a second IPO attempt following the high-profile pullout in November last year.

PEOPLE Wednesday, 27 January 2021 09:28

Swiss Software Firm AdNovum Hires Singapore MD

Swiss-headquartered software provider AdNovum expands in Asia with the appointment of a new managing director for Singapore.

PEOPLE Wednesday, 27 January 2021 09:01

BEA Names Head of Greater Bay Area Office

As part of its push to capitalize on opportunities from the 11-city cluster, Hong Kong-based Bank of East Asia appoints the head of its Greater Bay Area office.

FINANCE Tuesday, 26 January 2021 18:23

UBS Boss Ralph Hamers Addresses Laundering Probe

The Swiss wealth manager's new boss is sweating out a Dutch probe into money laundering at the bank he ran for seven years, ING.

FINANCE Tuesday, 26 January 2021 15:53

LGT Plucks CEO of Rival Bank

The long-standing CEO of Liechtensteinische Landesbank is jumping to rival LGT, where he will run its private bank in the principality.

FINANCE Tuesday, 26 January 2021 15:51

UBS Appoints Roche Manager as Board Member

The supervisory board of UBS is in for some changes. Out goes Beatrice Weder di Mauro, while two new members will stand for election at the annual general meeting of Switzerland's largest bank.

FINANCE Tuesday, 26 January 2021 15:41

UBS Profits Double in APAC Wealth Unit

Asia Pacific profits in the fourth quarter of 2020 more than doubled year-on-year at UBS, driven by a strong increase in invested assets.

FINANCE Tuesday, 26 January 2021 15:04

UBS: Profit Surged in Year One of the Pandemic

Switzerland's biggest bank posted an increase in net profit of 54 percent in 2020, as income outperformed a more modest increase in operating expenses. The dividend payment will be about half of what it was a year earlier as the bank is shifting its focus on...

REAL ASSETS Tuesday, 26 January 2021 14:43

Whisky-Backed Securities Trading Goes Live in Singapore

Hg Exchange went live this week with whisky-based asset-backed securities trading, becoming Southeast Asia’s first bourse with the offering.

FINANCE Tuesday, 26 January 2021 13:43

Trilake Appoints New Partner in Singapore

Well-established independent asset manager Trilake Partners is looking to further growth with the appointment of a new partner.

FINANCE Tuesday, 26 January 2021 12:25

MAS: Developing Economies Will Lead Recovery

The Monetary Authority of Singapore's Tharman Shanmugaratnam said that no global economic rebound will be likely without the recovery first of developing nations during the recent World Economic Forum Davos Agenda 2021.

PEOPLE Tuesday, 26 January 2021 11:07

Winklevoss-Backed Gemini on Hiring Spree in Singapore

Crypto exchange and custodian Gemini has been on an expansion drive in Singapore, widening its product offering and hiring for various roles to support its Asia Pacific business. 

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