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EFG

EFG appoints new CEO for South-east Asia

EFG Bank has appointed Kong Eng Huat as its new chief executive officer of Singapore and South-east Asia, replacing Kees Stoute who has decided to step down in order to return to Europe.

A streamlined EFG eyes cost-conscious growth

John Williamson, chief executive officer of EFG International, tells Hubbis how the firm is charting a course that involves growth in strategic emerging markets but with much more discipline in relation to costs – starting with a cost-income ratio target of 75% for 2014.

EFG Asset Management strengthens management team in Asia

EFG Asset Management (EFGAM) has strengthened its Asian senior management team with two appointments in Hong Kong.

UBS jumps to top spot on wealth management leader board

UBS Wealth Management has moved to the top of the Hubbis Asian Wealth Management Poll after the third week of voting, replacing Credit Suisse Private Banking as the best firm to work for in the region.

UBS and Bank Sarasin stay on top of wealth management leader board

UBS Wealth Management and Bank Sarasin remain in first and second place respectively as the best firms to work for in the region after four weeks of peer voting in the Hubbis Asian Wealth Management Poll.

Bringing a new breed of investment products to Asia

Jan Schoch, chief executive officer of EFG Financial Products Group, talks to Hubbis about the firm’s ambitions to fill the gap it sees in smaller-ticket yet tailor-made investment products in Asia – helping to address investors’ concerns about what they buy while at the same time growing its presence across the region.

EFG International appoints new CFO

EFG International has appointed Giorgio Pradelli as its new chief financial officer and member of the executive committee

Citi Private Bank hires new Asia Pacific CEO

Citi has hired Bassam Salem as the chief executive officer of its private banking operations in Asia Pacific, replacing Aamir Rahim who has been appointed head of the firm’s public sector group for the region.

Credit Suisse wins Hubbis wealth management poll

Credit Suisse Private Banking has emerged as the best wealth management firm to work for in Asia, according to our peer’s poll of the industry.

EFG in lead position on Hubbis poll

EFG Bank is leading the pack in the 2011 Hubbis Asian Wealth Management Poll.

CEO Interview: An inside look at EFG's global repositioning

Just six months into his role as chief executive officer of EFG International, John Williamson talks exclusively to Hubbis in Singapore on his recent trip to Asia. He explains his priorities and objectives as he settles in to a role which sees him spearheading a new-look firm following broad restructuring plans to reduce headcount by 10% to 15% and close some offices, in a bid to address various missteps in recent years – including, by the bank’s own admission, investments in non-private banking activities, overly-ambitious targets and sub-optimal cost management.

EFG hires senior UBS banker for Greater China push

EFG Bank is strengthening its capabilities in Greater China with the hire of Adeline Chien, an experienced private banker from UBS.

EFG Asset Management launches China equity fund

EFG Asset Management (EFGAM) has launched the New Capital China Equity Fund, an open-ended equity fund that will invest in up to 50 Chinese and Hong Kong stocks across all market capitalisations.

Understanding leverage certificates

David Schmid of EFG Bank’s EFG Financial Products Division explains the key features, applications and risks of leverage certificates, as well as looking at some of the misconceptions around this product.

EFG recruits Commerzbank team in Singapore

EFG Bank has entered into an agreement with Commerzbank to recruit a team of its private bankers and their clients in Singapore.

Inside EFG Financial Product's business

David Schmid of EFG Bank’s EFG Financial Products Division explains the nature and development of EFG Financial Products, outlining the approach that has been taken to building an innovative product platform.

EFG to cut staff and offices after business review

EFG International has announced restructuring plans which include a 10% to 15% reduction in headcount and the closure of several offices over the next 18 months.

EFG Bank wins Hubbis wealth management poll

EFG Bank is the best private bank to work for in Asia, according to Hubbis’ 2nd annual peer's poll of the industry.

EFG International appoints new chief executive

EFG International has appointed John Williamson as its new chief executive officer, taking over from Lonnie Howell who is stepping down after 16 years in the role.

EFG targets more focused and scalable future in Asia

Albert Chiu chief executive for EFG Bank in Asia Pacific, explains to Hubbis how the "new look" structure for the organisation will enable it to be more profitable in the region - along with its approaches of allying with EFG Asset Management to provide more targeted investments, as well as offering family office-style services, more investment banking-type products, and inter-generational solutions.

EFG completes sale of EFG Financial Products

EFG International this week completed the sale of its remaining 20.25% stake in EFG Financial Products to Notenstein Private Bank, a subsidiary of Raiffeisen Switzerland.

Breeding the right adviser mind-set at EFG in South-east Asia

EFG Bank's Eng Huat Kong, chief executive officer for Singapore and South-east Asia, and Gea Hong Tho, head of private banking in South-east Asia and deputy chief executive in the Singapore branch, explain to Hubbis how the bank is looking to build its regional offering, and outline the profile of the right adviser for the firm.



 

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