Dutch authorities have given hundreds of Credit Suisse clients an ultimatum, in a six-country investigation into alleged tax evasion using hidden Swiss accounts.
Citi Private Bank has promoted internally naming a new Head of Investments for Asia Pacific. The move will also see a change in the Singapore investments and advisory team structure.
Published by Wealth Briefing Asia – 17th April 2017
Scandinavia-based Nordea has confirmed the arrival of Fredrik Lager as head of Nordea Bank, Singapore branch, having had a career to date in the realm of private banking in Asia and northern Europe. He takes over from the former GM, Kim Osborg Nielsen, who takes on a more “front-office” role as head of private banking, working with the lender’s larger clients in the region.
Published by Wealth Brieifng Asia – 13th April 2017
Julius Baer has confirmed to this publication that Magdalene Low, who joined in 2016 as a team head, is becoming a group head of one of the Southeast Asia units based in Singapore.
First State Stewart Asia has changed its approach to paying for research, in an early indication that asset managers in the region will not be immune
from looming EU rules.
New research by Simmons & Simmons shows how many large financial institutions are struggling to innovate fast enough.
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