Citi's consumer banking head for Asia Pacific, Europe, Middle East and Africa will be returning to headquarters in the U.S., finews.asia has learned.
Sheldon Adelson – casino mogul and a storied force in Macau’s rise as the world's largest gambling hub – has passed away at the age of 87.
A search for a successor to reportedly underway to eventually replace Peter Wong as HSBC's Asia chief as the British lender makes a push into the mainland amid unprecedented political uncertainty.
Soon after State Street Global Advisors Asia said it must comply with U.S. sanctions and avoid banned stocks while running the renowned Tracker Fund, current and former Hong Kong officials have come out to call for a new manager.
Quintet is replenishing its management with a high-profile Dutch banker, in its latest raid on UBS.
A casino executive is on the run after allegedly taking 14.6 billion ($13 million) in cash from a South Korean casino operated by a Hong Kong developer.
Hong Kong’s renowned Tracker Fund is the latest vehicle to be hit by U.S. sanctions several days after American banking giants delisted 500 investment products in the city linked to the Chinese military.
Growing capital requirements and the systemic importance of traditional banks are expected to drive mergers between lenders of the new and old world in the coming years, according to UBS Asia head Edmund Koh.
UBS chairman Axel Weber advised not only investors and companies but even politicians against relying on economic forecasts, underlining the upcoming chapter of unprecedented monetary and fiscal policy.
HSBC furthers its expansion in mainland China with the latest launch of a fintech subsidiary based in Shanghai.
Fintech recruiter Storm2 has launched its second global hub in Singapore.
Maitri Asset Management appointed a long-standing banker to its advisory board, effective from 1 January 2021.
UBS's new digital bank offering for China is ready to go. Everything now depends on the authorities there – including expansion into the rest of the world.
In a six-part series, U.S. asset manager T. Rowe Price explores the big questions in asset management and describes a scenario of where the industry is likely to go from here.
A long-standing expert in Switzerland's financial industry joins the board of directors of Finews AG, the parent company of finews.asia. Co-founder Claude Baumann becomes chairman of the board.
Sectoral Asset Management – which has offices in Montreal, Hong Kong and Geneva – appointed a former partner of Swiss private bank Lombard Odier.
Several American banking giants delisted hundreds of Hong Kong-listed structured products following clarification on an order from incumbent U.S. President Donald Trump on investments linked to China’s military.
Relocating from Switzerland to Asia, the new managing director for Asiaciti Trust's Singapore office will lead the next phase of growth.
With Europe’s bank chiefs openly discussing consolidation, it is time for Credit Suisse to dust off an old pitch book – and look across the water, suggests finews.asia.
Sygnum Bank’s Head of Asset Management, Fabian Dori, shares his views on high equity valuations, the increasing correlation between traditional assets – and how to intelligently diversify traditional portfolios with cryptocurrencies.
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