Finews Asia

Finews Asia

5/30/2025, 9:02:55 AM

*Have a nice day🌞* *📷Pascal Lamy: «Mr. Trump Will Look for a Photo Opportunity»* Will global trade settle and achieve peace? Will the US sign a lasting deal with China and other major economies? Uncertainty lies ahead but former WTO director-general Pascal Lamy believes that Donald Trump will nonetheless seek a photo op for celebration. https://link.finews.ch/4dEW9mj *👨‍💼20-Year Veteran Leads Third Hong Kong Virtual Bank* A 20-year financial veteran has joined PAObank as its chief which will mark the third licensed virtual lender he has led in Hong Kong. https://link.finews.ch/4muCWrAv *👤Aberdeen Appoints APAC Head of Equities* UK-based Aberdeen Investments has named a new Asia Pacific head of equities in Singapore, succeeding Flavia Cheong who has worked at the firm for nearly 30 years. https://link.finews.ch/4kjl3L2 *1️⃣Hong Kong Debuts Islamic Bond ETF* As part of ongoing efforts to strengthen Middle Eastern links, Hong Kong has launched its first-ever Islamic bond ETF. https://link.finews.ch/4muCWrA *👩‍⚖️Ex-Goldman Banker to Serve Prison Sentence in 1MDB Case* Former Goldman Sachs banker Tim Leissner is prepared to serve a prison sentence over his role in the 1MDB scandal. https://link.finews.ch/3Z6EpdG

Finews Asia

5/27/2025, 9:16:09 AM

*Today's news🗞️* *📱Arta Launches Sharia-Compliant Investment Portfolios* Digital wealth platform Arta has expanded its offering with the introduction of Sharia-compliant portfolios. https://link.finews.ch/4jlkTBg *🆕Saudi Arabia Expands Foreign Investor Access* The Kingdom of Saudi Arabia further loosens access to its capital markets with the launch of an offshore securities license. https://link.finews.ch/4kGdw8T *🔒EY: Top Concerns for Risk Chiefs at APAC Insurers* The landscape for insurance companies is becoming increasingly complex with technological advancements and shifting regulations. EY outlines the top concerns for insurers in Asia Pacific. https://link.finews.ch/4kDi6oh *🗣️Nannette Hechler/Sabine Heller: «How to Build a Holistic Wealth Strategy»* Plan early, stay liquid: Why entrepreneurs should integrate retirement planning with their overall wealth strategy. Entrepreneurs should avoid viewing their retirement planning in isolation from the rest of their wealth, write Sabine Heller and Nannette Hechler-Fayd’herbe in their contribution for finews.first. https://link.finews.ch/3SpaLwC *👨‍💼Temasek's Europe Partnership Vice Chair Joins Chain IQ Board* A seasoned senior executive with more than two decades of leadership experience joins the board of directors of Chain IQ, the global leader in indirect procurement. https://link.finews.ch/3HcVCw0

Finews Asia

6/10/2025, 9:01:17 AM

*Happy Tuesday🐻* *🇯🇵Japanese Insurer, Capgemini Ink India Tech Center Deal* Japanese insurer Dai-ichi Life and business transformation expert Capgemini will join hands to form a tech center in India. https://link.finews.ch/3ZnprjM *1️⃣DBS: First Singapore-Listed Firm to Hit $100 Billion Value* DBS has become the first company listed in Singapore to reach $100 billion in market capitalization. https://link.finews.ch/3FKC69O *👨‍💼Citi Hires Ex-ANZ Banker for Indonesia Markets Unit* A former ANZ banker has joined Citi to head its markets business in Indonesia. https://link.finews.ch/43EirBz *🔒Nomura to Close China Branch Four Years After Opening* Japan’s Nomura is reportedly closing one of its four branches in mainland China only a few years after its opening. https://link.finews.ch/3FRSKUM *🚣‍♀️Paddles and Passion: Dragon Boat Spectacle Sweeps Hong Kong* Hong Kong’s Victoria Harbour turned into a roaring corridor of drums and spray this weekend as the «2025 Sun Life Hong Kong International Dragon Boat Races» drew thousands of spectators and paddle power from five continents. https://link.finews.ch/3FRUBZK

Finews Asia

6/3/2025, 8:45:16 AM

*New headlines🆕* *📝Julius Baer Unveils New Financial Targets and Strategy* Zurich-based Julius Baer has announced an updated strategy to meet new financial targets including the goal of improving asset inflows and cost efficiency. https://link.finews.ch/4jQ6oWJ *🆕RBC Hires Half a Dozen Greater China Private Bankers* The wealth arm of the Royal Bank of Canada has expanded its Asia frontline with a handful of private bankers covering the Greater China markets. https://link.finews.ch/4kQtuNK *👩‍⚖️Legal Complaint Filed Over Swiss Delay in CS AT1 Case* A law firm has filed a complaint over the long time taken by the Swiss court in addressing claims on the write-down of Credit Suisse’s Additional Tier 1 bonds. https://link.finews.ch/4kzbPdq *🗣️Beat Wittmann: «Germany Needs Another Wirtschaftswunder»* After years of self-inflicted economic stagnation and a predictable and predicted loss of competitiveness, Germany urgently needs structural reforms and overdue investments to stop its economic erosion and tap into its massive potential, Beat Wittmann writes in his essay for _finews.first_. https://link.finews.ch/4dQvZgQ *🏦HSBC to Exit US Business Banking* London-headquartered HSBC continues its global pivot with the latest exit from business banking in the US. https://link.finews.ch/45EIzgS

Finews Asia

5/20/2025, 9:06:17 AM

*News from today😊* *👤Ex-Private Banker Completes Buyout of OLZ’s Hong Kong Unit* A former private banker has completed a management buyout of Bern-based asset manager OLZ’s Hong Kong unit. https://link.finews.ch/3H2LtSh *🤝Trust in Singapore Banks: Confidence Dips, Expectations Climb* Singapore’s faith in its banks is still rock-solid – yet the public is making it clear that trust must now be matched by purpose. https://link.finews.ch/4dsATAb *🔀Asians More Likely to Switch Wealth Managers* Compared to their global peers, Asian clients are more likely to change their primary wealth provider, according to a report by EY. Sustainability and AI could be the key to retention. https://link.finews.ch/4krzzzW *4️⃣Four Ways Financial Firms Can Handle Cyber Threats* Cyber threats are an increasingly serious risk, including for the financial sector. A report by FS-ISAC outlined four top priorities that can help the industry better protect itself. https://link.finews.ch/4dmY3YF *❓Third Time’s the Charm for FWD's Hong Kong IPO?* Hong Kong insurer FWD Group is applying for a local listing for the third time since 2022. https://link.finews.ch/4dozjzv

Finews Asia

6/6/2025, 6:34:32 PM

*Today's news☺️* *🗣️Claude Baumann: «Swiss Bankers Cry Foul»* What was meant to be a lesson learned from the Credit Suisse debacle is turning into a speed bump for Switzerland’s international competitiveness – especially for the globally focused UBS, writes finews.asia founder Claude Baumann. https://link.finews.ch/3FDxtOK *🆕Temasek Announces Fifth Chairman and Board Changes* Singapore state-owned investment company Temasek has announced the appointment of a new chairman and several other changes to the board. https://link.finews.ch/4kX4uo8 *📍Asia Family Office Expert Resurfaces at US Advisory Firm* A family office and former executive of UBS and Credit Suisse has joined a US-headquartered advisory firm. https://link.finews.ch/4kRrEvM *🏕️Fairouz Bouhmida:« I Secretly Dream of a Camping Car»* She starts the day with yoga, checks out the markets in Asia first, and rides an e-bike. In this interview, Fairouz Bouhmida from Aberdeen talks about life-changing moments and her best investment. https://link.finews.ch/3FKcauQ *👤David Runacres: «The Real Cost is Regulatory Change»* Many financial institutions have forgone internal development of certain technological capabilities in favor of outsourcing due to rapid shifts in regulations, according to Broadridge’s David Runacres in an interview with _finews.asia_. https://link.finews.ch/43y4tkH

Finews Asia

5/23/2025, 9:01:20 AM

*Happy Weekend🍀* *🤸‍♀️UBS Invites Legendary Gymnast Simone Biles to AIC* Top American gymnast Simone Biles will be joining UBS’ Asian Investment Conference next week as a speaker in Hong Kong. https://link.finews.ch/3SMzefk *👤Fidelity International Names China General Manager* The onshore unit of asset manager Fidelity International has appointed a general manager who joins from an e-securities marketplace. https://link.finews.ch/4dv15dm *🆕Goldman Merges Asia Investment Banking Units* New York-based Goldman Sachs has merged what was previously three separate investment banking units in Asia. https://link.finews.ch/43byLcM *🇨🇳AXA to Re-Domicile China Business to Hong Kong* Global insurer AXA will look to re-domicile its China business to Hong Kong in a strategic move that is expected to simplify reporting and compliance processes. https://link.finews.ch/3F7XC89 *🤴«The Little Prince» Rises Again at IWC* The brand unveils two new high-complication timepieces inspired by the literary classic «The Little Prince» – including its first blue ceramic perpetual calendar tourbillon. https://link.finews.ch/3H1Xesq

Finews Asia

5/16/2025, 9:13:58 AM

*Today's headlines🐸* *👨‍💻Coinbase Flags Cyberattack Due to Bribed Staff* Days after announcing that it would join the S&P 500 benchmark, crypto exchange Coinbase disclosed that it was a victim of a cyberattack involving overseas staff who were bribed. https://link.finews.ch/3F4j4e9 *📚Wealth Management: What Switzerland Can Learn from the US* A generational shift is approaching for Swiss wealth managers. A look at the US reveals how scale, succession planning, and private equity investors can accelerate growth. https://link.finews.ch/3GT1rP7 *👤HSBC Names Desk Head for International Clients* The private banking unit of HSBC has announced the appointment of a desk head in Singapore covering international clients. https://link.finews.ch/4jbEX9j *🤝SSGA Establishes Strategic Tie-Up With Indian Fintech* Boston-based State Street Global Advisors has partnered with an Indian fintech company in which it recently invested. https://link.finews.ch/3FcdRko *🧳Asia-Pacific Ignites 2025 Travel Fever* Asia-Pacific claims eight of the world’s 15 fastest-growing summer destinations, with Tokyo and Osaka leading the charge and Vietnam’s Nha Trang bursting onto the global scene, according to the new Mastercard Economics Institute report. https://link.finews.ch/4krQB0V

Finews Asia

2/25/2025, 10:00:41 AM

*Happy Tuesday😄* *🇺🇸US-China: Diplomacy on the Sly* Between the tariffs and stop-and-go American equity markets, there isn’t much in the way of fraught geopoliticking between the world’s two largest economies. https://link.finews.ch/4hQGvWx *🏦Swiss Private Banks: Which Ones Thrived, Which Ones Faltered?* A large part of the 2024 reporting season has come to an end: _finews.asia_ compares the performance of the major Swiss private banks. https://link.finews.ch/3DjdP9k *💬Piyush Gupta: «I’m Struggling to Create Jobs»* Job creation in the new era of technological disruption, particulary with the emergence of artificial intelligence capabilities, will be a challenges, according to DBS CEO Piyush Gupta. https://link.finews.ch/41ldOKm *🇨🇭APAC-Focused Swiss Asset Manager Acquires Aussie Firm* Swiss-listed Youngtimers has expanded into Australia with the acquisition of an asset manager that invests on behalf of large institutions, family offices and high net worth individuals. https://link.finews.ch/3CSLTcw *💸Why Warren Buffett Is Sitting on $321 Billion in Cash* Warren Buffett’s latest shareholder letter highlights Berkshire Hathaway’s record cash pile, a lack of compelling investment opportunities, and his signature blend of wisdom and wit. What can investors take away from the Oracle of Omaha’s newest insights? https://link.finews.ch/3QyqTuD *🆕Pictet Loses Asia Philanthropy Services Head* The former Asia philanthropy services head of Swiss private bank Pictet has joined a US-headquartered environmental organization. https://link.finews.ch/4ibcU9U

Finews Asia

2/12/2025, 10:05:12 AM

*Here we go😊* *🗺️Calastone: Cross-Border Rules in Asia a Top Priority for AMs* Local investors in Asia are increasingly seeking global diversification. As a result, asset management industry participants see the development of cross-border rules as a top regulatory priority, according to a white paper by Calastone. https://bit.ly/4jS5eLr *↩️The Return of the Highly Paid Hong Kong Banker* An industry survey shows that the city’s investment professionals saw compensation almost doubling, leading the Asia Pacific region last year. https://bit.ly/4jVa2PZ *🏦J.P. Morgan AM Adds HNW Client Advisor in Australia* The asset management arm of J.P. Morgan has strengthened its coverage of the high net worth segment with a new advisor in Australia. https://bit.ly/4hVzgMm *🔮BNP Paribas WM: Top Five Investment Themes in 2025* Despite continued elevation of geopolitical tensions, BNP Paribas Wealth Management remains optimistic about the financial outlook. The French private bank shares its top investment themes for the year. https://bit.ly/40Yul6H *👨‍💼Citi PB Hires Ex-UBS Family Office Specialist* The private banking unit of Citi has hired a former UBS executive to focus on family offices in Singapore, _finews.asia_ has learned. https://bit.ly/4gycbOU *👛Gucci and Chanel in the Valley of Tears* Luxury fashion has long been about desire – objects of near-mystical allure, shaped by craftsmanship and creative vision. Yet today, it is increasingly defined by quarterly earnings, price hikes, and relentless market expansion. This quiet but profound shift is now reaching a turning point, with two of the industry's biggest names – Gucci and Chanel – standing at a crossroads. https://bit.ly/4jSMHi6