A raft of Swiss pure-play private banks have made major Asia C-suite hires in late 2024. Although the end of 2024 is approaching, Asia’s private wealth management industry remains active. Most notably ...
The investment management arm of Natixis has hired a former Morgan Stanley executive to lead its wealth business across several markets in Asia. In the role, Lim will be responsible for leading the ...
Citi and Maybank Securities have collaborated to provide securities lending services in Singapore. Citi and Maybank Securities have joined hands to deliver securities lending to Singapore's retail ...
Australia’s markets regulator has sued HSBC for its alleged failure to protect customers from scams resulting in multi-million dollar losses. The Australian Securities and Investments Commission (ASIC ...
In 2025, the wealth management landscape will face a major shift headlined by flexibility, technology and self-directed clients, Martin Wong, Grandtag Financial Consultancy’s regional CEO, told finews ...
A former trader from Citi has won an unfair dismissal case in Hong Kong related to her termination in 2019. Cindy Lui, a former vice president and equity sales trader at Citigroup, has won an unfair ...
Hong Kong has successfully attracted the Philippines’ Khos, who run a 40-year conglomerate, to set up a family office in the city. The Kho family from the Philippines has set up a family office in ...
Regulators seem helpless, and banks just don’t seem - or want - to get it. What could ever possibly go wrong? Digitalization. The measure of finance industry cool and the big bad banking buzzword of ...
The investment arm of Allianz has been approved to become the first foreign asset manager to own a stake in China’s pension insurance company. Allianz Global Investors has received regulatory approval ...
The financial regulator of Australia confirmed that the use of Additional Tier 1 bonds as bank capital will be phased out to better deal with potential crises. The Australian Prudential Regulation ...
Brazilian Swiss private bank J. Safra Sarasin has hired a former Julius Baer executive in Singapore. Jayant Jetley joins J. Safra Sarasin as a managing director in Singapore, according to a LinkedIn ...
During the holiday season, countless Swiss professionals head to the mountains for their dose of winter sports. This year, snow conditions are favorable, and domestic ski resorts have become the go-to ...