1MDB has reportedly averted an escalation in a billion-dollar feud with Abu Dhabi, as U.S. prosecutors ratchet up scrutiny into alleged corruption at the Malaysian fund.
DBS said it would enter the consumer marketplace for cars. The Singapore-based bank is the first finance to do so, after rules were eased.
The fund industry, like many other financial sector, remains a male-dominated bastion.
Shareholders in Switzerland’s largest insurer face a slight dip in profits in the first half of the year, nevertheless Zurich under Chief Executive Mario Greco has made significant progress.
Qatar has been boycotted by an Arab quartet for months, and this is now starting to have a direct impact on Credit Suisse, which has close relations with the emirate.
The Japanese asset manager said it is hiring a Cartesian Capital co-founder, after the Scottish boutique was wound down for size reasons last year.
Zurich Insurance's main business in Asia suffered in the first six months, underscoring the challenges facing the Swiss firm's newly-installed head in the region.
A UBS banker won a coveted role alongside Hollywood great Robert De Niro. Thanks to his pushy banking cred, he expanded his tiny role in the film.
Hong Kong's fintech hub is linking up with a university to provide start-ups with the legal and other business advice they need for growth and expansion.
Singapore is urging potential investors in digital currencies to beware, as a glut of cryptocurrency fundraising washes over the market.
UBS is hiring a Barclays veteran to beef up its compliance in London. She will be tasked with helping set the Swiss bank's longer-term control strategy.
Financial advisory firm Willis Towers Watson named a deputy head of its financial business as part of an expansion in Asia.
Singapore's fintech hub plans to push into India, in a bid to tap the country's engineering talent.
BNP Paribas' private bank has hired a veteran of J.P. Morgan in Asia away from the American investment bank.
Private banks are tightening their belts. Many smaller wealth managers are questioning the bottom-line value of bulking up digitally, Synpulse innovation head Frank Troise writes in an exclusive essay for finews.asia.
China is a linchpin in the escalating war of words between U.S. and North Korea – especially its banks.
1MDB and Abu Dhabi are haggling over millions in debt repayment like ex-lovers returning each others' possessions. finews.asia looks at the latest twist – and an ultimatum.
Standard Chartered has bulked up its financial markets arm in Singapore, three months after a hiring spree for credit trading in Asia.
Another digital wealth manager is poised to enter the Singapore market. How does the newest entrant seek to grab market share off rivals?
Embattled Commonwealth Bank of Australia said annual profit rose, and that it is in talks to sell a life insurance arm. The bank also unveiled a new payout scheme.
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