Load Error With the hopes of further boosting its wealth management presence in Singapore and Hong Kong, OCBC Bank entered into an agreement to acquire National Australia Bank's (NAB) Private Wealth business in the two cities. OCBC will be having access to ... ( read original story ...)
Members of British and U.S. Rock Band Arrested for Visa Offences in Hong Kong
In reality, if you are familiar with the situation in Hong Kong, the latest raid seems more like part of a well planned campaign aimed at crashing every business that does not belong to the big business. This is normally done through insanely expensive ... ( read original story ...)
Some businesses in Asia disrupted by cyber attack, authorities brace for more
"Most of the attacks are arriving via e-mail, so there are many 'landmines' waiting in people's in-boxes," said Michael Gazeley, managing director of Network Box, a Hong Kong-based cybersecurity company. In China, the world's second-largest economy ... ( read original story ...)
New bridge planned for Hong Kong airport so tall A380s can pass underneath
Airlines welcome proposal for walkway which would connect main airport building to an isolated terminal, saying it will further improve passenger experience at one of world’s most highly rated airports A Cathay Pacific aircraft flies near Hong Kong ... ( read original story ...)
Fund managers on fixed income recruitment drive
Before this role, Jaehne was a director at Fitch Ratings and a senior research analyst at McKinsey and Company ... professionals operating out of Australia, New Zealand, Hong Kong and the US," Warner said. Vanguard, meanwhile, is currently advertising ... ( read original story ...)
Can Prefab Housing Improve Housing Affordability?
According to a report by the McKinsey Global Institute ... Sydney ranks number two, after Hong Kong, with a multiple of 12.2. The median-priced Sydney home costs $1,077,000, while the median income is $88,000. Melbourne came in sixth with a multiple ... ( read original story ...)
Binge shopping leads to emotional hangovers for consumers, Greenpeace study shows
In all the countries surveyed (including China, Hong Kong, Taiwan, Italy and Germany), most consumers ... That insight comes off the back of a study last year from McKinsey & Company, which showed that annual clothing production exceeded 100 billion ... ( read original story ...)
Race for China’s $5.5tn mobile payment market hots up
“The dominance of the Taobao and T-Mall ecommerce platforms initially helped make Alipay the default digital wallet in China,” said Jeff Galvin, partner at McKinsey in Hong Kong. “But now, as Chinese spend more and more time in the WeChat ecosystem ... ( read original story ...)
Harvard Business School’s 2017 Class Day Student Speaker Announced
Andrew worked in marketing and brand strategy for Ogilvy & Mather in New York and Hong Kong. After graduation, he will spend one year in strategic planning at the Whitney Museum of American Art as an HBS Leadership Fellow before joining McKinsey & Company ... ( read original story ...)
Can you profit from families bingeing on TV box sets? The funds taking stock of our changing viewing habits
Even though it's only two years old, Joox, Tencent's music streaming service, has already eclipsed rivals Apple and Spotify in Asia, accounting for more than half of downloads in Indonesia, Hong Kong, Thailand and Malaysia. McKinsey and Co, a leading ... ( read original story ...)
Former Citigroup retail banking head Larsen joins Ping An to head US$1 billion fintech, health-care fund
Previously based in Hong Kong, Larsen had been striving to double Citigroup ... Gregory Gibb, a former consultant with McKinsey, is chief executive of Lufax, for instance. In late April, Ping An was named the world’s most valuable insurance brand ... ( read original story ...)
Ping An Appoints Jonathan Larsen as Chief Innovation Officer and CEO of New USD1 Billion Fin-tech and Health-tech Fund
HONG KONG and SHANGHAI, May 4, 2017 /PRNewswire/ -- Ping An Insurance ... Goldman Sachs, Citigroup, Prudential, and McKinsey & Company, creating a seamless international culture. ( read original story ...)
More consolidation in Asian private banking as OCBC to buy NAB's Singapore and Hong Kong business
Southeast Asia's second largest lender OCBC agrees to buy NAB's private wealth business in Singapore and Hong Kong. Agreement follows several similar deals over the past few years, which saw a few non-Asian banks exiting the region's wealth management ... ( read original story ...)
Business News: mcgarrybowen Hong Kong names business director
JWT Hong Kong’s Ruby Lee has joined mcgarrybowen Hong Kong as business director. Lee has over 20 years experience in advertising and worked with clients like HSBC, Coca Cola, P&G, CSL, SONY and adidas. JWT Hong Kong’s Ruby Lee has joined mcgarrybowen ... ( read original story ...)