Banking CEOs Working from Home.

CEOs work from home just like you and me: they work from the kitchen table, listen to «The Who» on coffee breaks, and enjoy take-out pizza sometimes. finews asked around. Thomas Gottstein, Credit Suisse CEO: «The phone is my most important work tool now. I’m talking to our employees, clients, and political representatives as well as other…

Recruiting in the time of Corona

Coronavirus is spurring remote hiring. Here’s how to nail your job interview from afar. As the coronavirus pandemic continues to grip economies across the globe, few industries have been left untouched by the fallout, and that’s having huge implications not only for the workforce but also the recruitment process. Some companies have moved to freeze…

HSBC Private Banking joins The WealthiHer Network Asia for greater female equality.

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 Hires Wealth Teams Across Asia.

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…

The US Securities and Exchange Commission has granted a three-year extension to the MiFID II relief period for American firms.

The SEC will allow US brokers to continue bundling execution and research payments for another three years. In October of 2017, the SEC published a ‘no-action letter’, stating that American firms did not need to actively adhere to MiFID II’s unbundling guidelines. This letter was due to expire in July 2020.  This latest statement by…

Grandpa’s hold it all

Wealth management in Japan is a totally different story to anywhere else in the world. In most of Asia it is about rising youth, an emerging middle class and the technology required to serve them. In Japan, it’s nothing like that.  Daiwa president and chief executive Seiji Nakata shows Euromoney a chart revealing the segmentation…