One of the most important factors of managing and growing a business through a crisis is a community to brainstorm with, learn from, and challenge you. Other founders will understand the challenges and may be able to share ideas that have worked for them. Here, we have compiled a summary of some key take-aways and…
HSBC Private Banking has recently joined The WealthiHer Network Asia – an organisation founded to make the financial industry more female focused – as a move to advance the bank’s initiative to promote gender diversity in the financial services sector, empower female entrepreneurs and drive the economic advancement of women across the region. The WealthiHer…
HSBC has announced the launch of a new global business, combining retail banking and wealth management and global private banking. Recruitment for wealth teams across Hong Kong, Singapore and mainland China is on track. HSBC’s new unit will become one of the world’s largest global wealth managers with $.4 trillion in assets, with nearly half of…
Goldman Sachs Group Inc. plans to start offering wealth management services in Japan, a person with knowledge of the matter has said. The U.S. bank will target high net worth individuals through its asset management unit, the person said, asking not to be identified because the plans are private. It has already started hiring private…
Julius Baer’s European Build-Out And Its UK Ambitions This publication recently sat down with the head of Julius Baer’s business in the UK and Ireland. One of Switzerland’s largest banks has been spending to build teams in the UK and Portugal and working on other European markets in ways that it hopes will bear fruit…
UBS Dubai Wealth Management Head Resigns Swiss bank UBS has lost its head of wealth management and its senior executive officer for its Dubai branch. The veteran banker resigns after two years in the job, finews.asia can reveal. Cedric Lizin resigned from his position earlier this week, after two years with the bank. Swiss bank…
Jürg Haller is to be elected as new chairman of Bank J. Safra Sarasin and member of the Board of J. Safra Sarasin Holding. He will replace Ilan Hayim. Bank J. Safra Sarasin and member of the Board of J. Safra Sarasin Holding will be appointed Hayim, currently chairman of Bank J. Safra Sarasin and…
KBL European Private Bankers appoints Yves Stein new group CEO, «Yves Stein has been appointed group CEO by KBL European Private Bankers, taking over from Jacques Peters, the Luxembourg based financial provider. Stein was previously CEO of Union Bancaire Privée (Europe) in Luxembourg, and earlier was director general of Private Banking at BNP Paribas (Switzerland).…
The new CEO of Julius Baer needs a plan for the Swiss wealth manager’s next decade after a boom period. Insiders are bracing for a flurry of ideas and changes from the quick-thinking former consultant, finews.comlearned. Philipp Rickenbacher was 33 when he was briskly introduced on Julius Baer’s trading floor in 2004 as «Philipp who’ll be doing…
The bank played down the prospects of a US recession and believes the time to buy risk assets is nearly here. JP Morgan Chase has said we are nearly at the point to buy equities market after the sharp August sell-off. The advice conflicts with that of fellow investment banking giant UBS, which told clients on Friday…
