HKMA Hopes for Digital Banking Boost With Renaming: Hong Kong hopes to boost public confidence in digital banking by renaming the industry and replacing the term «virtual». dlvr.it/T6TXKd #HKMA #virtualbanks

Ex-CS Greater China CIO Joins Lombard Odier: Credit Suisse’s former Greater China chief investment officer has joined Lombard Odier, finews.asia has learned. dlvr.it/T6TW0J #LombardOdier #DPM

Citi Unveils Head of Corporate Bank for Singapore: US-based Citi has named a 20-year veteran as head of corporate banking for Singapore. dlvr.it/T6TR7l #Citi #corporatebanking

Blue Owl Names Head of APAC Private Wealth: New York-based alternatives manager Blue Owl Capital has hired a former Fidelity executive to lead its private wealth business in Asia Pacific.  dlvr.it/T6T7r1 #BlueOwl #alternatives

State Street-Owned Tech Unit Appoints APAC Head: Charles River Development, a State Street-owned tech provider to investment managers, has announced the appointment of an Asia Pacific head. dlvr.it/T6T20y #StateStreet #CharlesRiver

Julius Baer Expands Asia Team in Switzerland: Zurich-based Julius Baer has expanded its team of relationship managers serving Asian clients out of Switzerland.  dlvr.it/T6SypG #JuliusBaer #privatebanking

Francesco Mandalà: «How to Find the Truth on Social Media»: Achieving objective journalism is unrealistic. The case against objectivity is eloquently put by Umberto Eco when he argued that objective journalism is an… dlvr.it/T6SypC #francescomandala #socialmedia

UBS Division Reportedly Facing Severe Cost-Cutting Measures: According to a media report, UBS is strategizing to save hundreds of millions of dollars in its fund business. This may also have implications for Swiss personnel at… dlvr.it/T6SynT #AssetManagement #Sparen

Mother's Day: 8 Ideas for the Perfect Banker's Present: In the lives of all human beings, and of financial industry professionals, mothers play a central role. Annually, Mother's Day presents an opportunity to honor and express… dlvr.it/T6M2QK #MothersDay #2024

Deutsche Bank Aims to Double Southeast Asia AUM: The wealth management unit of Deutsche Bank has unveiled targets in the region, including the doubling of assets under management in Southeast Asia. dlvr.it/T6Lrtx #DeutscheBank #privatebanking

Jyrki Rauhio: «Plenty of Collateral» in Art Warehouses: One year after launching its art financing offering in Asia, HSBC’s private banking arm has seen increasing client demand and highlighted the ample amount of collateral… dlvr.it/T6LgPb #HSBC #privatebanking

SFC Accuses Hedge Fund Founder of Insider Trading: Hong Kong’s financial regulator has accused a renowned hedge fund and its founder of insider trading. dlvr.it/T6LTdH #SFC #SegantiiCapitalManagement

CS Legacy Burdens at UBS Threaten to Grow by Millions: With the emergency takeover, UBS also inherited all legal cases and penalties of the crisis-ridden bank. Now Credit Suisse could be fined millions more in Asia. dlvr.it/T6LRs5 #Korea #fine

HSBC Hires Ex-Citi Corporate Banker in Singapore: The global banking arm of HSBC has announced the appointment of a new head in Singapore. dlvr.it/T6JhCp #HSBC #corporatebanking

Pictet Asset Management Adds Investment Manager: The asset management unit of Pictet has hired a portfolio manager for its multi-asset team in Hong Kong. dlvr.it/T6JS3V #Pictet #assetmanagement

Geopolitics is No Fun for Most of Asia: As tension between the US and China ebbs and flows, most countries are becoming increasingly wary of both, once again putting international banks in an uncomfortable no-man’s land.  dlvr.it/T6JS2F #uschinageopoliticsseaattitudes

Luca Evangelisti: «Clear Need for New AT1 Issuances at UBS»: While investors are taking their cases to court, the market for AT1 bonds has rebounded remarkably well following the write-down at Credit Suisse. According to fund manager Luca… dlvr.it/T6JLPM #ubs #at1

Binance Founder Sentenced to Four Months in Jail: The founder of Binance has been sentenced to four months in prison, marking the second major crypto boss to serve jail time in the US. dlvr.it/T6JLLJ #Binance #ChangpengZhao

StanChart’s Affluent New New Money Doubles: Standard Chartered saw net new money from affluent clients double, contributing to its multi-year target of $80 billion. dlvr.it/T6JHL7 #StandardChartered #netnewmoney

StanChart: Non-Interest Income Sparks Profit Rise: London-headquartered Standard Chartered registered a profit increase, primarily due to a rise in non-interest income across the board. dlvr.it/T6J6SF #StandardChartered #results