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What's new in financial services today?

Bloomberg reports Schroders has appointed Amy Cho CEO of its Hong Kong business. Cho succeeds Chris Durack who’s returning to Australia to assume position…

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Bloomberg reports Citigroup promoted Fabio Fontainha to head its Asia-Pacific retail bank, as the firm presses ahead with restructuring its consumer banking…

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Kate Lowe, Head of FX & Prime Brokerage at Standard Chartered Bank has left the firm to join State Street Bank in London as Global Head of Trade Services….

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While many buy-side firms trade on a suite of existing algorithms, is it time now for a new breed of algo? Global Trading shares its conversation with…

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Noble Group is suing Seychelles-based Enlighten Ace and Arnaud Vagner, an X-employee, saying they conspired to damage the company by spreading misleading…

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Reuters reports Sid Tipples, joint head of JPMorgan’s metals business, will leave the bank around the end of the year. JPMorgan’s metals operation…

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Due to interest in quantitative investment managers, Wadhwani AM has been acquired by QMA, the quant unit of Prudential Financial’s funds arm, reports…

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In an American Customer Satisfaction Index report, Vanguard Group, known for its low-cost investment products, dropped to 79 out of 100, down three points…

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South Korean investors are looking to invest beyond the domestic market and towards alternative assets funds globally, notes Opalesque. The interest arises…

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HBUS tapped Jay Ryu, a VC from Draper Athena to strengthen its IB and M&A business. Business Insider says, the new appointment comes at a time when…

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Next year, expect to see the most American tech mega-listings of any year this century. Uber last valued at $72bn, says it’s planning an IPO. Rival Lyft…

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Bloomberg reports Union Bancaire Privée has hired a group of about 15 private bankers from BNP Paribas as it steps up expansion in Asia. Some of the bankers…

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Bloomberg reports Old Mutual Ltd. appointed Khaya Gobodo managing director of its wealth and investments segment from January 1, succeeding Dave Macready…

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