A shareholder class action over Commonwealth Bank of Australia's disclosure of more than 53,000 alleged breaches of anti-money laundering laws has begun.
The board of J.P. Morgan has approved a series of calibrations to the bank's by-laws, including a particularly concerning one.
Following recent recruitment in Singapore Zedra has appointed two industry experts to bolster its Hong Kong business.
The U.S. Investment manager recruited from one of its rivals in appointing a head for its Australian business.
Asset manager Aviva Investors appointed a new head of marketing Asia Pacific, finews.asia can exclusively reveal.
DBS Bank has hired a new Chief Economist with experience that spans central and commercial banks, as well as the Internatonal Monetary Fund. Before joining DBS he was with the Monetary Authority of Singapore.
Nine years after Lehman Brothers went broke, Credit Suisse is entering the final stages of a legal dispute. The Swiss bank is claiming more than $1 billion from the remnants of the U.S. investment bank.
Jan Schoch, co-founder and CEO of the derivatives specialist Leonteq is stepping aside. Asian business will become more important.
Aviva bought a majority stake in a robo investment startup for an undisclosed amount.
Has China’s renminbi unseated the Japanese yen as the new currency of refuge in Asia? Celeste Tay from Loomis Sayles offers her view.
Regulators in Europe and Asia are investigating Standard Chartered over the transferring of private bank client assets.
Swiss Re reached an agreement with a Japanese insurance group to strengthening its ability to pursue future transactions.
A consortium in Singapore harnessed blockchain technology for more efficient inter-bank payments.
The Swiss bank wants to use the latest digital technology in the fight for wealthy clients. UBS chairman gave a sneak peek into how at a conference in Zurich.
Josef Ackermann, the former Deutsche Bank boss, responds to criticism from one of his successors at the helm, John Cryan.
Nippon Life Insurance has entered into final negotiations to acquire U.S. life insurer MassMutual Life's subsidiary in Japan.
Singapore and Thailand are in discussions about connecting their national digital payment systems to forge an unprecedented regional alliance.
EFG International is parachuting in a new CEO, mid-way through a critical phase in a merger. finews.asia tells the backstory of how the Swiss bank grappled with the unexpected, and what awaits the new CEO.
British bank Barclays recruited from within for the role of head of banking for Europe, the Middle East and Asia-Pacific.
Singapore's largest lender DBS is looking to add a robo-adviser solution to its product suite, finews.asia can reveal exclusively.
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