Leonteq founder, CEO and major shareholder Jan Schoch is also launching digital wealth manager Flynt. The planned bank for the super-rich notched up a key milestone this week.
With a growing number of customers choosing online and digital banking options instead of cash, ANZ has opened a new cashless branch in Brisbane.
Customers of U.K. retail bank TSB will soon be able to access mobile banking just by looking at their phone's camera.
Investment manager Neuberger Berman has announced an addition to its China equity capabilities on-boarding a new team.
The State Bank of Vietnam has issued Singapore's United Overseas Bank its in-principle foreign-owned subsidiary bank licence.
Credit Suisse reached a nearly 110 million euro deal with Italian prosecutors last year. Now, the country's Guardia di Finanza are after client data.
Asia's largest wealth manager has appointed a new head of innovation technologies for Greater China, finews.asia has learned.
Bangkok based Kasikornbank has introduced the world’s first blockchain-based letter of guarantee service.
Swiss weekly «Weltwoche» set itself the task of livening up a long, hot summer with little juicy to report and suggested that UBS Chief Executive Sergio Ermotti should become a member of the Swiss government. More than just a light summer story?
A Berlin-based firm has a novel approach to passing on negative interest rates to clients.
Asia’s asset owners and managers need to «reverse» their recruiting processes to make them more rigorous like their investment processes, suggests Guy McKanna.
The U.S. has brought another Swiss banker to book for helping wealthy clients evade their taxes. One of her methods was as crude as it was simple and efficient.
Vontobel's Chief Executive in Asia for private banking tells finews.asia why he isn't hidebound to recruiting, why lavish offices don't always wash with the super-rich and what sort of deals the Swiss bank would consider.
Profits at Union Bancaire Privée rose by more than 20 percent in the first six months. However, the acquisition of Coutts International came at a price.
Leonteq, the Swiss derivatives specialist which had run into problems in the second half of 2016, has returned to profit in the first half of this year, with a little help from its partner Raiffeisen.
Highlighting the growing importance of the Asia, the CEO of VP Bank in Singapore, said he planned to significantly increase staff numbers.
Starting a fintech is a great thing, especially with hundreds of millions of risk capital flowing into the industry. All the more reason then that fintech entrepreneurs should take these ten tips seriously.
The Commonwealth Bank of Australia is the latest of the big four Aussie banks to consider selling-off part of its business.
Following a multi-million-dollar funding round Additiv has snapped up a former senior PwC partner to head up its solutions unit.
Reichmuth & Co has found an unique niche: the tiny Swiss private bank is seeking returns in the railway romanticism of the transalpine Gotthard tunnel.
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