FinanceAsia - Banking

Integration of the renminbi bond market is inevitable

Fri, 08 Mar 2013 10:30:00 GMT

The offshore and onshore renminbi bond markets are bound to grow closer, providing more opportunities for issuers and investors, according to specialists.

Sen Sui to take over as Singapore CEO at Credit Agricole Suisse

Wed, 30 Jan 2013 10:30:00 GMT

Sui will replace Roland Feser, who is retiring from the private banking arm of Credit Agricole after 38 years with the group.

Eric Morin joins Bank Sarasin as Southeast Asia head

Wed, 23 Jan 2013 10:30:00 GMT

Bank Sarasin appoints veteran private banker as chief executive officer for its Singapore branch and Southeast Asia.

StanChart Private Bank hires Liu for North Asia

Wed, 21 Nov 2012 10:30:00 GMT

Desmond Liu has joined the firm in Hong Kong to build its business in Greater China and Korea. It comes a few months after he quit rival HSBC Private Bank.

Standard Chartered launches renminbi index

Thu, 15 Nov 2012 10:30:00 GMT

The index will monitor the process of the Chinese currency's globalisation.

More European SMEs to invoice in RMB

Thu, 30 Aug 2012 08:30:00 GMT

About 80% of smaller companies are considering using renminbi to settle trade with Chinese partners, while 20% are already doing so, according to a Deutsche Bank survey.

Hong Kong sets start date for renminbi futures market

Thu, 23 Aug 2012 09:30:00 GMT

HKEx is preparing to launch renminbi futures next month as part of China’s effort to introduce its currency to the world.

Julius Baer talks up Merrill acquisition

Tue, 14 Aug 2012 09:30:00 GMT

Group CEO Boris Collardi offers assurances that the Swiss private bank can successfully integrate the international wealth management business of brokerage Merrill Lynch.

Private Bank Country Awards 2012

Fri, 03 Aug 2012 09:30:00 GMT

We are pleased to announce the winners of this year's Private Bank Country Awards for Achievement.

Private Bank Country Awards 2012, Day 2

Fri, 03 Aug 2012 09:30:00 GMT

We are pleased to announce the remaining winners of this year's Private Bank Country Awards for Achievement.

Private Bank Country Awards 2012, Day 1

Thu, 02 Aug 2012 09:30:00 GMT

We are pleased to announce the first of the winners of this year's Private Bank Country Awards for Achievement. The remaining countries will be announced tomorrow.

ABN Amro hires former ANZ banker for new wealth management role

Fri, 22 Jun 2012 06:30:00 GMT

Hans-Peter Borgh is appointed chief commercial officer for Asia and Middle East at ABN Amro Private Banking.

Citi Private Bank names Sameer Kaul as India boss

Wed, 28 Mar 2012 09:30:00 GMT

Sameer Kaul moves to lead Citi's private bank business in India after heading its retail branch operation.

DBS builds its private banking team

Thu, 15 Mar 2012 09:30:00 GMT

Veteran banker Peter Triggs will lead DBS's new international private banking team in Singapore.

Asia's rich are different

Tue, 06 Mar 2012 10:00:00 GMT

Asia's wealthy are defined by young demographics and ambitious entrepreneurs, forcing private bankers to rethink their models, according to Shayne Nelson, CEO of Standard Chartered Private Bank.

Domestic bond markets set to boom

Mon, 05 Mar 2012 10:00:00 GMT

As China rebalances its reserves away from dollars, Jerome Booth, head of research at asset manager Ashmore, predicts a boom in local currency bond markets.

China blames markets for weak renminbi

Thu, 08 Dec 2011 07:00:00 GMT

China's weakening trade surplus is driving down the value of the renminbi, which is exactly what you would expect from a market-based currency, say government officials.

Pictet picks up former Credit Suisse private banker Anuj Khanna

Thu, 01 Dec 2011 09:07:00 GMT

After months of market speculation, Anuj Khanna turns up at Pictet.

Credit Suisse confident of private banking business

Tue, 08 Nov 2011 09:30:00 GMT

We speak to Marcel Kreis, head of private banking Asia-Pacific for Credit Suisse, about why the Swiss bank has been able to attract substantial new assets into its wealth management business.

Emergensee glasses win top invention award

Fri, 04 Nov 2011 09:00:00 GMT

Spectacles that can be adjusted by the user to address near- or far-sightedness win their developer top honours as the most innovative invention from Asia-Pacific.

DBS discusses private banking strategy

Mon, 31 Oct 2011 09:30:00 GMT

Tan Su Shan, who heads wealth management for DBS, talks about how the Singaporean bank intends to leverage its competitive advantage.

Asia's private banks face high cost base, says UBS

Thu, 27 Oct 2011 09:30:00 GMT

Allen Lo, deputy CEO, UBS Wealth Management, APAC, discusses how the financial crisis has affected private banking clients and why he expects consolidation in the industry soon.

Citi's Duttagupta talks private banking

Wed, 26 Oct 2011 09:30:00 GMT

Debashish Duttagupta from Citi Private Bank explains why his confidence in the bank's offering has only increased in the wake of the financial crisis.

Asia-Pacific driving global wealth, says Credit Suisse

Fri, 21 Oct 2011 09:30:00 GMT

Credit Suisse’s latest Global Wealth Report finds that Asia-Pacific has created more than half the new wealth in the world since 2010.

Hong Kong starts trading gold in renminbi

Mon, 17 Oct 2011 09:30:00 GMT

Depositors in Hong Kong can now convert their idle renminbi deposits into gold.