The Swiss finance industry faces a new threat, this time from Asia. China's Internet giant Alibaba is planning to offer several of its services in Switzerland.
Hong Kong fintech startup, 8 Securities, has launched its Robo-Adviser, «Chloe» on Google Play and the Apple App Store. How does it work?
Singapore’s OCBC Bank has become the first bank in Southeast Asia to use blockchain technology in its local and cross-border payment funds transfer services.
German financial services group Allianz has announced the launch of its Digital Arena innovation platform. Will the Asian insurance industry be the next disruption hotspot?
UBS won't like reading this: the money Switzerland's biggest bank spends on its innovation lab in London is a waste – an expenditure for PR purposes, as finews.com editor Andreas Britt writes.
Australian financial services giant AMP is considering a bid for the Australian wealth management business of ANZ Banking group.
Since Donald Trump was confirmed as the next President of the United States, there has been a sharp increase in the number of Americans enquiring about alternative residence and citizenship programs. What are the options?
For the second time, the Malaysian authorities have rebuffed Switzerland's request for legal assistance in probing suspected corruption linked to scandal-hit state fund 1MDB.
As an internationally positioned private bank and specialist in asset management services in Switzerland and in Asia’s major hubs, the business model is key to VP Bank’s success.
Global asset manager Schroders has appointed a Head of Fixed Income & Foreign Exchange Trading for Asia.
A former BSI private banker pled guilty to charges of forgery and not flagging dodgy 1MDB transactions at the Swiss bank. The banker, who tended to Jho Low, was sentenced to 18 weeks jail and fined.
Singapore-based Milltrust International has launched the British Innovation Fund, an initiative to direct capital into the U.K. University originated venture sector to commercialise Intellectual Property.
Three former UBS executives with significant experience across Ultra High Net Worth, Family Office and business development have joined forces to open a new investment and advisory firm in Hong Kong.
Former BSI private banker Yeo Jiawei took the stand to defend himself against charges of covering up in the 1MDB scandal. He accused higher-ranking officers of the Swiss bank of orchestrating the contact to Jho Low.
CBRE Capital Markets in Hong Kong has restructured its business by merging the Institutional Investment Properties team into its Capital Markets team.
Credit Suisse has poached a property expert in Singapore from a local rival. The Swiss bank wants to bolster its real estate opportunities for the ultra-rich.
The bankers who want to become independent must carefully asses the regulatory challenges, Lucie Hulme, CEO at TriLake Partners in Singapore, tells finews.asia.
Prudential, the U.K.-based financial services group, has reached an agreement to sell 100 percent of its life insurance subsidiary in Korea.
The current head of Markets and Advisory Solutions Asia at Julius Baer, will take on a new role as Global Head Structured Products as of 1 February 2017.
U.S. banking giant Citi claims to have launched the most comprehensive global API Developer Portal to date in the financial services industry.
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