The head of Australia's largest bank has been sanctioned over a money-laundering probe. His board also addressed the CEO's future at the bank.
A Japanese fund manager is buying a minority stake in a «disruptive» North American tech fund. The two already manage 75 billion Japanese yen ($677 million) in assets.
Singapore has expelled a well-known academic, several months after an ugly family rift among the descendants of its founding father burst into the open.
Keeping traditional administrative boards in tune with the ongoing digital revolution is not something that can be left only to the young tech-guns, or so called «digital nerds,» Guido Schilling argues in an essay for finews.first.
A derivatives fintech has taken a stake in Gibraltar's stock exchange. The trading operator wants to be the first to fully suffuse blockchain into trading.
Swiss Re reported a decline in first-half earnings as the claims from the damage wreaked by Cyclone Debbie in Australia continued to weigh on the world’s second-largest reinsurer.
Piyush Gupta is aiming to sink DBS' cost-income ratio to 40 percent. How does this square with traditionally cost-intensive wealth management activities?
A Silicon Valley cryptocurrency provider raised a record $232 million in a coin offering last month. finews.asia looks at a Swiss linchpin which is fueling a rich payout for the firm's co-founders, as the U.S. and Singapore crack down on token offerings.
Singapore's financial regulator is proposing to lift the guaranteed level of client deposits – the first time it has done so since the financial crisis. What is behind the move?
Singapore sovereign wealth GIC, which dumped UBS shares earlier this year, is now looking at star power for growth.
Singapore's largest bank DBS beat market expectations with net profit of $1.14 billion in the second quarter. The wealth management business continued to bulk up, even as revenue stagnated.
Legal & General Investment Management hired a senior trader from HSBC Global Asset Management to join its team in Asia.
More than ever, banks need to give their customers a seamless experience that is easy and convenient, writes Michael Gorriz from Standard Chartered Bank in his essay for finews.asia.
Julius Baer will expand its wealth gathering operation in Britain as the country prepares to leave the European Union, seeking wealthy clients outside the traditional London honeypot.
Swiss Asset Manager GAM looks to be recovering from last year's slump, with first-half profit climbing by more than a quarter, boosted by an increase in net new money.
Singapore's five local polytechnics have partnered with Fidor, the digital banking group, to launch a fintech education curriculum.
Morningstar Australasia, a subsidiary of investment research provider Morningstar, says its chief executive officer is stepping down, effective September 2017.
Australia's largest bank faces civil action for failing to report over fifty thousand alleged breaches of money laundering and terrorism financing laws.The transactions are valued at more than half a billion dollars.
St. James’s Place Wealth Management Asia announced the appointment of a new development director to the international business.
In yet another dilution of traditional banking services you can now use Skype to send money.
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