Crisis-hit Falcon Private Bank's revamp continues, with owner Abu Dhabi suddenly replacing two board members with another representative.
Disenchanted clients of Swiss banks are pushing back against what they perceive as fee-gouging. This presents an opportunity for smaller shops, former private banker Marcel Chevrolet tells finews.com.
Asian economies are more digitally engaged relative to their global peers at similar stages of development, according to Deloitte.
What was once dreaded by bank customers is now a reality with the issuance of a regulation that opens the door for tax officials to scrutinise banking data.
Credit Suisse marked the first anniversary of the launch of wealth management in Thailand with the roll out of its Digital wealth management platform for Thai clients.
J.P. Morgan's chief executive for Australia is stepping away from the role he has held for the past 15 years. His successor has been named.
Last years inaugural Singapore Fintech Festival drew more than 13,000 participants from across 60 countries, this year we can expect a bigger and more mature event.
In his past life as a Swiss private banker, Marcel Chevrolet advised his clients to come clean on their taxes. He was fired for it. His experiences since leaving the industry are a guide for navigating the post-secrecy professional world. A finews.com interview.
Anyone in banking knows how crucial digitization will be for the finance industry, but specific numbers have been closely-guarded. A major Asia bank has disclosed the financial impact of digitization to finews.asia.
Singapore wealth manager Lumen Capital Investors has hired a host of top private bankers from larger rivals. The fledgling firm wants to increasingly open up, as finews.asia can reveal.
Singapore's DBS Bank has signed an Memorandum Of Understanding with a major Chinese banking group.
Combined with higher pay, the war for talent in the financial sector is also seeing a variety of non-monetary rewards to attract and retain top talent. But money still talks.
The Thai government is promoting the country as an attractive investment destination for startups in Asia with the aim of raising 30 billion baht in funds from investors by 2020.
Swiss financier Martin Ebner is taking a stake in a leading Swiss finance software provider. The fintech plans to use the fresh capital to finance its expansion, particularly in digital wealth management in Europe and Asia.
A prominent private banker who left Credit Suisse last week is poised to pop up at a crosstown rival.
Swiss diplomat Joerg Gasser responds to criticism of Swiss bank data-sharing with countries struggling with corruption scandals, in the second part of a three-part interview with finews.com.
Singapore's Wealth Management Institute and UBS, have launched a new initiative designed to improve how the industry combats criminal money. The move comes as the city-state battles its biggest money-laundering scandal yet.
A global standard to fight tax evasion will only work if it is applied effectively in all financial centers, Swiss private banker Yves Mirabaud writes in an essay for finews.first.
China's central bank has announced the formation of a fintech committee to study the growing impact of financial technology.
UBS faces an clash with British authorities over its tax bill. The solution is potentially costly for the Swiss bank.
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