UBS wealth management boss Juerg Zeltner will leave the bank. The veteran of the Swiss bank is being replaced by a recent hire in Switzerland. The move sparks further changes in Zurich-based firm’s top echelon.
Citi has made several key changes to its private bank in Asia. The moves are sparked by unit head Bassam Salem’s retirement next year and the American bank’s plans to replace him.
Swiss private bank Julius Baer said it will propose a former longtime Goldman Sachs partner to join its board. The banker’s familiarity with Asia will be a valuable asset to the bank.
Goldman Sachs Group Inc. is planning to clear bitcoin futures for some clients as the new contracts go live on exchanges in the coming days, a spokeswoman for the bank said on Thursday.
In May this year despite its enormous resources Norway’s sovereign wealth fund complained of not being able to source attractive property investments in Asia.
SINGAPORE – Local insurer NTUC Income announced on Thursday (Dec 7) a proposed strategic partnership to appoint Temasek-owned Fullerton Fund Management Company as the investment manager of its portfolio assets estimated at some $23 billion.
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