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Bank Vontobel buys Lombard Odier business in North America

ZURICH (Reuters) - Bank Vontobel will acquire the international portfolio of U.S.-based clients from Swiss private banking peer Lombard Odier as it seeks...

China to allow bank wealth-management funds to be invested in stocks

BEIJING/SHANGHAI (Reuters) - China’s banking regulator said on Friday it plans to start letting funds from products publicly sold by banks’ wealth management...

Nearly half the world lives on less than S$7.60 a day:...

Despite progress in reducing extreme poverty, nearly half the world's population lives on less than $5.50 (S$7.60) a day, with a rising share...

Smith & Williamson Holdings, Deutsche Bank Wealth Management

(Reuters) - The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email moves@thomsonreuters.com. SMITH &...

Deutsche Bank Wealth Management names two managing directors

(Reuters) - Asset management company Deutsche Bank Wealth Management named Wendy McMillan and Richard Aguiar as managing director and private banker. McMillan and...

Commonwealth Bank of Australia, hit by inquiry, to reform wealth business

(Reuters) - Commonwealth Bank of Australia on Tuesday announced moves to improve its wealth management business, which has come under fire from...

Reserve Bank of India holds interest rates, rupee falls

The rupee crossed 74 rupees to the US dollar for the first time ever, after the country's central bank surprised markets by holding...

German digital bank N26 launches in Britain, sets sights on U.S.

LONDON (Reuters) - Berlin-based digital bank N26 launched in Britain on Thursday and will open in the United States in the first quarter...

Mauritius bank SBM says unit’s India operations hit by cyber fraud

(Reuters) - Mauritius banking group SBM Holdings said on Wednesday that its Indian operations suffered a cyber fraud earlier in the week, and...

Tesco Bank fined £16.4m over cyber attack

Tesco Bank has been fined £16.4m by the City watchdog over a cyber attack on the lender two years ago in the first...
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