Surging property prices in China led to an increase in Asian billionaires, who now outnumber their American counterparts for the first time.
After a slump in earnings this time last year, ANZ, which has been cutting costs and offloading poorly performing assets, has reported a bounce-back in its returns.
Singapore's second largest bank Oversea-Chinese Banking Corp., reported higher third-quarter profit. Its wealth management business made strong contributions.
Avaloq said it will cut as many as 60 jobs, after two partners severed long-term ties with the Swiss banking software firm.
Not content with running the largest financial technology hub in Asia, the Singapore based operator is now eyeing the big apple.
The financial regulator in New Zealand joined a growing list of Asia-Pacific voices warning on the dangers of cryptocurrencies and ICO's.
Vontobel has attracted substantial amounts of net new money across all divisions in the first nine months of this year. And it isn’t done yet.
Hong Kong and Singapore have regularly sparred to claim the crown of regional financial technology hub. Now the two high achievers have decided to team up.
The financial details of wealthy clients are set to be leaked after a prominent offshore legal firm, with Asian offices, was hacked.
UBS spinoff Crestone Wealth Management appointed a new chief investment officer.
The head of Citi's Private Banking business in Asia announced his retirement.
K&L Gates becomes one of the first major law firms to implement its own private distributed ledger platform.
Elvia insurance company has launched a robo adviser in Switzerland, adding to the growing number of automated banking providers. Elvia eInvest’s CEO told finews.asia what targets he aims to achieve with the service.
Singapore has no immediate plan to regulate cryptocurrencies but will remain alert to money laundering and other potential risks stemming from their use.
Australia's regulatory sandbox will be expanded to include a wider range of fintech products and services following relatively poor take-up by the industry.
One of Canada's largest pension funds announced it will open a Singapore office.
It started with the search for a singing idol, then it was cooking now First Data and PortfolioQuest are teaming up for the first Singapore nationwide FinTalent competition.
A Credit Suisse activist investor may not have the heft to enforce a split-up of the Swiss bank, but his engagement may help to get rid of a major crisis-era investor.
Major financial institutions are not just looking at Frankfurt and Paris, Asian financial hubs are now gaining traction as relocation options.
Newly established Bank of Asia agreed a deal with a major Swiss based technology-driven financial services provider.
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