Singapore-based OCBC outlined potential headwinds from tariff-related risks, including a low single digit impact on its loan book. OCBC maintained its financial targets for 2025 including a net ...

Japan’s Nomura has acquired the US and European public asset management business of Australia’s Macquarie. Nomura has agreed to acquire Macquarie’s US and European public asset management business, ...

Singapore-headquartered Lighthouse Canton has released a white paper focused on family offices and their benefits as an institutional model to manage wealth for the ultra-rich. Lighthouse Canton has ...

Leveraging its expertise in sustainable and green finance, Singapore-based bank OCBC plans to invest several billion pounds in the UK by 2030. OCBC aims to fund S$17 billion ($13 billion) over six ...

British asset manager aberdeen Investments has hired a former executive from J.P. Morgan in Singapore. Thong has 15 years of experience, most recently at J.P. Morgan Asset Management where he held ...

Something curious is happening behind the scenes in the wealth management sector in Asia, finews.asia editor Andrew Isbester writes. It started with VP Bank last summer and then, in January, BIL. Both ...

The founder of the bankrupt real estate conglomerate Signa had so far been able to continue living undisturbed in a luxurious villa. But now, the handcuffs have finally clicked. René Benko was ...

The asset management arm of Sydney-based Macquarie has hired a new managing director for Southeast Asia. Macquarie Asset Management has appointed Gabriel Ho as managing director to support the ...

In a bid to further its ambitions as a digital asset hub, Hong Kong authorities are planning to exempt investment vehicles like family offices from paying taxes on crypto gains. Hong Kong is planning ...

French asset manager Amundi has announced the appointment of a head of investment for Asia. Amundi has appointed Florian Neto as head of investment, Asia, according to a statement. Based in Hong Kong, ...

Japan’s Mizuho has announced the appointment of a co-head of banking for Asia Pacific. Mizuho Bank has appointed Joris Dierckx as co-head of banking, APAC, according to a statement. In the role, he ...

Following the latest global restructuring, London-headquartered HSBC is expected to deliver job cuts for senior roles. This week, HSBC announced a major overhaul of its global structure, reorganizing ...