09/21/2015
The proposed move will provide Avendus access to strategic capital and help leverage the brand and network of KKR to diversify and deepen its presence in investment banking.
09/21/2015
The 4,000 new hires would amount to a 30 percent increase from the 13,000 people now working for HSBC in the Pearl River Delta. By contrast, the bank plans to trim global headcount by some 50,000 over three years and reduce annual costs by up to $5 billio
09/21/2015
By reaching this major milestone, the Group successfully concludes the global IWM integration which has considerably extended its footprint in key growth markets.
09/21/2015
They don’t want a potential short term capital loss so they seek safer options.
09/18/2015
ChAFTA legislation must be passed in October.
09/18/2015
Douglas Flint says Britain’s regulatory system is better suited to a global banking titan
09/17/2015
Hong Kong has long been a global investment gateway for rich mainlanders
09/17/2015
The board represents the assets of a number of Gulf and Asian ruling families and ultra-high-net-worth investors
09/17/2015
The listing ceremony coincided with World Suicide Prevention Day
09/17/2015
Mr. Picken explained that China wants to transition from a manufacturing-based to more of a knowledge-based economy and they see a role for internet finance in that pivot.
09/16/2015
With $144 million cash in hand at end of June, this translates to ~10 months cash runway from today
09/15/2015
Many private banks are at a tipping point in Asia - and for some it already looks too late.
09/15/2015
Unmet Needs of High Net Worth Individuals in Asia-Pacific Drive New Opportunities in Wealth Management
Improved wealth manager training, digital tools, and lending solutions essential for firms, finds Asia-Pacific Wealth Report 2015
09/14/2015
UBS Wealth Management's rebirth delayed
The decision to spin-off the division came after UBS considered shutting it and wealth boss Mike Chisholm opted instead to lead a buyout of the local division.
09/14/2015
High powered Asian billionaires and family offices are investing in technologies companies in India, China and the US
“Our focus is on companies with hyper advanced technologies that would shape the economies of India, Singapore and China as well as re-energise businesses in the United States”
09/13/2015
Rule change hits demand for Australian investor visas
A government spokesman said it was still too early to tell if the demand for the visas would be different from previous years, as investors may need some time to become familiar with changes.
09/11/2015
Pitton and Jogishwar Singh, another managing director of Rothschild Group, are now in Bangladesh for a four-day tour
09/08/2015
Shanghai conglomerate Sets Its Sights on Private Banks
The Shanghai conglomerate has a budget of $1 billion to $1.5 billion for each overseas financial acquisition
09/04/2015
UBS Diverts $5 Billion of Asia Deposits to Curb Basel III Costs
UBS benefits from being able to keep the accounts of these deposit holders, for relationship purposes and potential transactions in future.
09/04/2015
Shortlist for PBI global banking awards announced
In total, 30 award titles across four award categories were drawn up by the PBI judging panel.