JAR Capital Group, a leading Swiss external asset manager, today announced the appointment of Francois R. Farjallah as Vice Chairman. A seasoned private banking executive with over 30 years of global experience, Farjallah will play a key role in strengthening the firm’s strategic and governance framework. In his new role, Farjallah will support the Chairman […]
Citigroup (Citi) has launched a new Korea Desk in Chicago to expand its support for Korean corporate clients operating in North America. The Chicago desk strengthens Citi’s on-the-ground coverage in the United States and complements its existing Korea Desk in New York, which was established in 1993. Citi also operates Korea desks in London, Prague, […]
HSBC Singapore has appointed Suzy White to its board, the bank announced. White is currently Group Chief Operating Officer of HSBC. She has spent 25 years with the bank in senior leadership roles across operations, risk, finance and transformation. Her previous positions include Chief Operating Officer for Global Banking and Markets, Regional Chief Operating Officer […]
Switzerland has long been recognized for its stability and neutrality in imminent peril. The country has remained peaceful and out of war since 1815. These factors have led to a self-perpetuating reputation for self-reliance and independence.
Despite the finance sector's rapid rate of change, the cost of non-compliance is colossal, and there's no question that financial institutions need to change their relationship with compliance
The tie-up would solve a big problem for 45 per cent adults in the Philippines, who say documentation requirements are a major barrier to opening bank accounts
Embracing emerging tools like distributed ledger technology and layering it atop the core banking systems using APIs (application program interface) will allow banks to create a robust yet agile digital platform and disrupt their own business models, instead of sitting on the sidelines watching the challengers disintermediate them