Janus Capital’s Former Head of Asia to Depart

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Janus Capital’s Former Head of Asia to Depart Gigi Chan, the Chief Operating Officer and Head of Asia-Pacific will leave at end of July after...

Commonwealth Bank of Australia to Review Life Insurance Unit

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Commonwealth Bank of Australia to Review Life Insurance Unit Commonwealth Bank of Australia is considering options for the life insurance business, which could include a...

UOB Receives In-Principle Licence from State Bank of Vietnam

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UOB Receives In-Principle Licence from State Bank of Vietnam UOB is the first Singapore bank to receive in-principle foreign owned subsidiary bank (FOSB) licence from...

Aviva Sells Friends Provident

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Aviva Sells Friends Provident  Aviva has sold off Friends Provident International which made a loss of £2m in 2016, to international life assurance group RL360. "This is the...

Credit Suisse Hiring Private Bankers in Saudi Arabia

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Credit Suisse Hiring Private Bankers in Saudi Arabia Credit Suisse is planning to hire more private bankers in Saudi Arabia. This comes after the bank...

VP Bank to Double Headcount

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VP Bank to Double Headcount CEO of VP Bank in Singapore Bruno Morel plans to increase staff numbers. VP bank has developed a strong franchise...

UBP Net Profit Increases 21.6% from 2016

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UBP Net Profit Increases 21.6% from 2016 Net profit at the end of June 2017 was CHF 109.5 million, up 21.6% from CHF 89.9 million...

EFG and BTG Pactual Settle on Final Price at US$1 Billion

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EFG and BTG Pactual Settle on Final Price at US$1 Billion EFG International and BTG Pactual have struck a deal on the final price for...

BlackRock Plans to Launch Private Fund in China

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BlackRock Plans to Launch Private Fund in China BlackRock is preparing to set up a private fund in China. The firm intends to set up...

ANZ in Deal to Sell AmBank Stake for US$900 Million

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ANZ in Deal to Sell AmBank Stake for US$900 Million Australia and New Zealand Banking Group is near a deal to sell its Malaysian banking...