UBS' profit rose sharply in the second quarter, as the bank cut costs to shield from a revenue drop. Healthy showings from its private bank internationally as well as in the U.S. outshone investment banking.
ANZ chief executive says he has no choice but to start with a blank sheet of paper and reinvent the institution to prepare for a digital world.
In its ongoing tussle with regional neighbours to become the leading fintech hub, Hong Kong is now building from the ground up.
In what could be the largest-ever transaction in the U.K. for a stand-alone office building, the tower known as the «Walkie Talkie» is about to change hands.
The good news first: Vontobel's strategy of building on three business pillars paid off. The bad news: it also exposed weaknesses that the Swiss bank has been grappling with for years.
Citi Private Bank announced the appointment of a global head of Investments who will oversee the wealth manager's investment business worldwide.
Japan's Daiwa Securities has entered into definitive merger agreements to acquire both Sagent Advisors and Signal Hill Holdings.
Bank Vontobel's profits slid in the first half, as growth from its traditionally fast-growing asset management arm sputtered and overall costs climbed.
The Arab Banking Corporation has appointed a new head of its Asian business, based in Singapore.
Commuters in Singapore using one of the major taxi firms can now pay instantly with QR codes using the DBS bank app DBS PayLah!.
Aviva Investors has moved to strengthen its global real estate offering in the Middle East and Asia.
The global asset management arm of Canada's Manulife has hired from a rival to fill a senior Asian role.
An American technology firm says that its artificial intelligence software is the world’s first robo-lawyer for real estate investing.
Reporting its second quarter results Singapore's Oversea-Chinese Banking Corporation beat analysts expectations in part due to its recent wealth activities.
Has EFG International bitten off more than it can chew with the acquisition of rival BSI? finews.asia takes a look at the deal’s crucial next six months.
Ten financial technology companies have been selected for Accenture’s 12-week mentorship program in the fourth annual Fintech Innovation Lab Asia-Pacific.
In the latest move linking regional jurisdictions, Abu Dhabi and Australia have sealed an agreement on fintech cooperation.
EFG International's profits edged lower, weighed by the cost of its Banca della Svizzera Italiana acquisition. The Swiss private bank also saw net outflows linked to the deal as well as to a scandal in Italy.
In an effort to boost its wealth management services in the region, Lombard Odier has named a new head of partnerships for Asia Pacific.
Insurance giant IAG has snapped up the former innovation head of News Corp Australia as its new chief digital officer.
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