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26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )

Retail Asia23/08/2023

Ho Thuy Anh, daughter of Techcombank’s chairman Ho Hung Anh, has registered to buy 82 million shares of the bank on the market. The transaction, to be completed between Aug. 25 and Sept. 19, will increase her stakes in Vietnam’s largest private bank from 0.64% to 2.97%. With the TCB share trading at around VND33,000, […]

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Retail Asia22/08/2023

Vietnam’s benchmark VN-Index rose 0.15% to 1,179.76 points Monday. The index closed 1.77 points higher after losing 55.49 points on Friday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 38.49% to VND22.17 trillion ($930.73 million). CTG of state-owned lender VietinBank led with a 4.2% rise, followed by BID of state-owned lender BIDV, […]

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Retail Asia18/08/2023

UBS appoints country heads for its businesses in Europe, the Middle East, and Africa, with a quarter of the new executives coming from Credit Suisse. Country heads are critical in supporting the UBS Group strategy. By strengthening the firm’s profile and sharpening our client and commercial focus, their aim is to maximize sustainable revenue and […]

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Retail Asia16/08/2023

Not all the legal headaches UBS is facing have to do with Credit Suisse. It reached a settlement with the US in a legacy residential mortgage case of its own making. According to a statement, UBS and its US-based affiliates announced last night that it reached an agreement with the US Department of Justice (DoJ) […]

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Retail Asia15/08/2023

Marcel Roca worked in human resources at Credit Suisse for nearly half a century, bringing in big banking names. Now he works for Iqbal Khan’s asset management unit at UBS. Marcel Roca (pictured below) has taken on a new role in UBS’ Global Wealth Management (GWM) business headed by former Credit Suisse banker Iqbal Khan, finews.com research reveals. Roca will […]

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Retail Asia08/08/2023

In the coming months, UBS will look to downsize Credit Suisse’s investment banking unit globally. Within Asia, the top regional leaders have reportedly been unveiled. UBS appoints Kuan-Ern Tan as co-head of Asia coverage, alongside John Lee, according to a report citing an internal memo. Tan will also partner with Nicolo Magni, head of global banking Southeast Asia & […]

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Retail Asia02/08/2023

Le Quoc Long, for the last 18 years the deputy CEO of SeABank, has been named its new acting CEO with effect from Tuesday. He replaces Loic Faussier, who resigned for personal reasons after being with the bank for three years as CEO and in other key positions. Long, 58, has accounting and law diplomas […]

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Retail Asia18/07/2023

The U.S. dollar fell against the Vietnamese dong on the black market Monday morning. Unofficial exchange points sold the greenback at VND23,700, down 0.04% from Sunday. Techcombank raised its rate by 0.01% to VND23,818. Vietcombank maintained it at VND23,810. The State Bank of Vietnam decreased its reference rate by 0.08% to VND23,701. The dollar has […]

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Retail Asia18/07/2023

UBS selects EY as its auditor for the expanded bank following its takeover of Credit Suisse in March. PwC will audit Credit Suisse’s books for 2023. EY will have lots more work to do at UBS starting next year, having been retained to audit the merged entity starting next. The Big Four firm has been […]

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Retail Asia13/07/2023

The bank has made further personnel decisions as it reshuffles staff following its takeover of Credit Suisse. UBS has made another round of personnel decisions, appointing Patrick Grob as head of Global Wealth Management Unified Global Markets in the process, according to an internal memo. The global markets team also reportedly includes Brent Johnson (head of execution services), Dushyant Chadha (head […]

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Retail Asia10/07/2023

UOB Vietnam, a subsidiary of UOB, is proud to mark three decades of unrelenting support for Vietnam and its people. The bank held a gala dinner on Wednesday for clients and partners to thank them for their support and trust. To commemorate the 30th anniversary, it also announced a partnership with Saigon Children’s Charity to […]

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Retail Asia05/07/2023

State-owned VietinBank is selling 358 foreclosed properties pledged by loan borrowers, including four- and five-star hotels, worth a total of VND8 trillion (US$337.69 million) to realize their debts. The properties will be either auctioned or negotiated for sale. The bank is also selling 38 vehicles, machines and other equipment. The most valuable asset is a […]

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Retail Asia04/07/2023

State-owned VietinBank is selling 358 foreclosed properties pledged by loan borrowers, including four- and five-star hotels, worth a total of VND8 trillion (US$337.69 million) to realize their debts. The properties will be either auctioned or negotiated for sale. The bank is also selling 38 vehicles, machines and other equipment. The most valuable asset is a […]

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Retail Asia22/06/2023

Lender LPBank, formerly LienVietPostBank, has named Ho Nam Tien its new CEO. Tien, 52, has been with the bank since 2010 and has 30 years of experience in the financial and banking sector, including in senior positions at several companies. He replaces Pham Doan Son, who resigned as CEO in March due to personal reasons. […]

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Retail Asia19/06/2023

In the world of business, every minute counts. Efficiency and simplicity are not just ideals but necessities, particularly when dealing with finances. Financial transactions and money management should be straightforward, enabling you to focus on your business’s core operations. One way to achieve such simplicity is through effective business banking strategies. These strategies are intended […]

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Retail Asia15/06/2023

Swiss banking software maker Avaloq is partnering with Blackrock. Together, the companies aim to make their services available to private banks and wealth managers. According to a joint announcement Wednesday, Avaloq and Blackrock are entering into a strategic partnership. Furthermore, Blackrock has acquired a minority stake in Avaloq. Details of the Deal were not disclosed. […]

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Retail Asia07/06/2023

In a regulatory filing with the SEC, UBS said it expects to wrap up its agreement with the Swiss government over loss guarantees as part of its government-orchestrated takeover of Credit Suisse. When UBS agreed to take over troubled Credit Suisse at the behest of the Swiss government, part of the deal was for the […]

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Retail Asia31/05/2023

The opening of China’s financial sector has hit a speed bump, particularly amongst US banks, due to a changing business environment. In 2019, China decided to accelerate the opening of its financial sector with the introduction of various new measures, including the elimination of foreign ownership limits. At the time, mainland China’s financial market had an estimated value of […]

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Retail Asia26/05/2023

Swiss-based Union Bancaire Privée has acquired a new asset manager specializing in Japanese small-cap equities. According to a statement, UBP has acquired 100 percent of the shares issued by Angel Japan Asset Management (AM). Founded in 2001, Angel Japan AM is a Tokyo-based independent investment advisor specializing in Japanese small-cap equities. Hirotaka Usami leads the […]

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Retail Asia17/05/2023

The revolving door at Credit Suisse keeps spinning, as the Swiss bank loses a team of specialists to BNP Paribas. BNP Paribas is strengthening its equities team in London by hiring Credit Suisse’s event-driven team. Susan Stryker Marinello, an event-driven specialist for the EMEA region at the Swiss bank, and risk arbitrage traders Andy Martin and Simon Scott are […]

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