Fintech breeding grounds are well-established in London, Berlin and Singapore. Now, cryptocurrency backers are setting up Switzerland's first digital currency and blockchain hub.
Switzerland and Israel have agreed on a closer cooperation in the financial-services industry. The two governments are particularly eager to give the fledgling fintech industries in both countries a boost.
An Australian millionaire who began his entrepreneurial journey promoting rock bands including AC/DC has admitted criminal tax evasion by keeping $18 million in a secret Swiss bank account.
The People's Bank of China has announced an immediate ban on initial coin offerings and declared them illegal and a threat to financial stability.
The scion of one of Asia's most notable private banking families is getting in on the cryptocurrency craze.
Global insurer Chubb announced two appointments for its regional Cyber team in Asia Pacific.
BNP Paribas Asset Management in Asia promoted from within in appointing a new deputy chief executive officer.
Australian bank Westpac announced several appointments to its Asian business units.
Commonwealth Bank of Australia announced a new appointment to the bank’s Board of Directors.
Asset manager T. Rowe Price announced two managerial appointments for its Japan businesses.
In its latest funding round a Singapore based Robo-advisor has won strategic backing from a major global investment manager.
1MDB, Petrobras, Uzkebistan, FIFA – a slew of scandals seem to indicate Swiss efforts to combat money-laundering are foundering. Singapore and the U.K. have outpaced the alpine nation, argues Katharina Bart.
The initial interest in acquiring the wealth management business from ANZ was competitive and drew bids from the U.S., Europe and Asia. Now it appears only one suitor remains.
EFG International boss Joe Straehle got more than he bargained for when he snapped up troubled BSI. He tells our affiliate finews.ch-TV how the combined bank has turned the corner.
Luxembourg's oldest bank has struck a deal which sees the largest takeover of a European deposit-taking bank by a Chinese firm.
Zurich Insurance has a new chief risk officer. The company has been able to attract an executive from Swiss Re to take the position.
Billions of dollars in transactions in Europe, the U.S. and Asia were not properly monitored by Commonwealth Bank, a new report reveals.
The global professional services firm has promoted internally for a crucial role within the group.
The inevitable disruption by insurtech may be more profound in emerging Asia than in the rest of the world.
A round of management changes at IRESS sees the departure of its Sydney-based global head of financial markets along with its chief operating officer.
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