Singapore banking overseer wants to lift the city-state's standing regulator unveiled a plan to lift the standing of the city-state as a financial center. The goal? Faster economic growth from financial services.
Asia and Hong Kong in particular drove HSBC's third quarter quarter results to beat analysts expectations.
Touted as the world's largest fintech hub, cracks have emerged in Lattice80 in Singapore.
In an effort to to revive its mis-firing business Deutsche Bank appointed management consultants McKinsey.
HSBC announced expansion of its North Asia private banking coverage team in Singapore.
While Japanese banking giant Mizuho is transforming operations through fintech solutions, it is also preparing severe job cuts.
The Reserve Bank of Australia is closely monitoring the rise of digital currencies.
An activist hedge fund plans to carve up Credit Suisse into three parts has been dismissed as short-term greed. In fact, global universal banks are a dying breed. finews.asia explains why.
When is good not enough? UBS is finding out after solid third-quarter results failed to enthuse investors. finews.asia looks at why.
Leonteq co-founder Jan Schoch is severing his ties with the fintech firm. Two associates have snapped up part of his stake.
UBS' profit rose by 14 percent in the third quarter. Cost-cutting across the Swiss bank's businesses as well as an unexpected tax boost in the U.S. helped the result, and Asia was a bright spot.
Indosuez Wealth Management has announced additional senior appointments in Asia. Throughout 2017 the bank has already been adding to both its Singapore and Hong Kong businesses.
Following the news that Bassam Salem is retiring next year Citi moved quickly to appoint his successor.
Swiss Artificial Intelligence firm Squirro has launched its presence in Singapore to target the financial services market in the region.
The Australian Securities and Investment Commission has updated its regulatory guidance for fund managers ahead of the new Asia Region Funds Passport initiative.
The Monetary Authority of Singapore announced changes to its senior management team and created a new cyber security position.
Jan Schoch had to leave his job as head of Leonteq following a disagreement with the board over the sale of shares, according to a report. It was the last straw in a relationship that had soured for a number of reasons.
A former Credit Suisse banker is launching a luxury version of the shared economy, finews.asia has learned. He appears to be flirting with financing's hottest method right now – a coin offering.
Swiss banking and the financial market as a whole used to be in sync. No longer, says Vontobel boss Zeno Staub.
Deutsche Bank Wealth Management announced two senior hires to support its business growth in Asia.
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