The quality growth boutique was long the locomotive of Vontobel’s asset management arm. The franchise is now beefing up its research capabilities in Hong Kong.
Deutsche Bank AG and JPMorgan Chase & Co. agreed to pay a combined $148 million to resolve claims that they conspired to manipulate the benchmark yen Libor rate and said they will cooperate with investors suing other banks.
Germany’s largest lender Deutsche Bank is bracing for Brexit and will have to move jobs from London to its headquarters in Frankfurt, chief executive John Cryan has said.
SINGAPORE – The local unit of Liechtenstein private bank VP Bank plans to double headcount in Singapore in the next two to three years, Singapore chief executive Bruno Morel said.
HONG KONG (Reuters) – Blackstone Group LP is seeking to raise up to $3 billion in its first Pan-Asia buyout fund for investments in sectors including high-end manufacturing and healthcare, people familiar with the plan told Reuters.
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