Citi Private Bank has hired a former UBS executive to lead coverage of the high net worth market in Hong Kong and Greater China, finews.asia has learned.
Concerns about lacking capital at Credit Suisse persists, this time with Goldman Sachs estimating a gap as high as $8 billion in 2024.
Crypto giant Coinbase will seek expansion in Asia Pacific via Singapore where it has received approval to provide services in the city-state.
Insurance giant Manulife has announced the appointment of a 20-year veteran from AIA to lead its efforts in marketing and experience design in Asia.
An experienced industry veteran will serve as executive director and CEO of Allspring’s local entity in Singapore.
Hong Kong's Financial Secretary defended the financial hub’s ranking drop in a recently published index specifically highlighting advantages over rival Singapore.
Each year, the Singapore Fintech Festival brings together the global fintech community to engage, connect, and collaborate on issues relating to financial services, public policy, and technology development.
Increasing market volatility and economic uncertainty have driven private banking clients to slow down new investments into discretionary mandates and accelerate diversification, according to HSBC’s Lina Lim in a conversation with finews.asia.
The British-based bank will expand its onshore presence in China by launching a new high-net-worth business in the west of China.
Switzerland's largest bank will lease 250,000 square feet of new office space in Hong Kong outside the traditional central business district.
In the 1MDB scandal’s latest development, Singapore's banking watchdog has issued a 10-year ban against an ex-senior BSI banker for failing to report suspicious transactions.
The IBF Distinguished Fellow title is conferred upon industry captains and leaders who are the epitome of professional stature, integrity, and achievement. The Distinguished Fellows serve as a beacon of excellence for the industry.
OCBC Bank has announced the appointment of a new chief financial officer, succeeding Darren Tan who has been in the position for over a decade.
Leon Li, co-founder of Huobi, has agreed to sell his entire stake in the crypto exchange and fully step down from the business.
Switzerland's second-largest bank faces extreme highs and lows in the space of a week. Is the worst over?
Last week, Credit Suisse’s credit default swap spreads surged to record levels over concerns about its financial health and funding for its restructuring. What say the banks on Switzerland’s most troubled lender?
Several large private banking clients reportedly withdraw assets, among them rich families in Asia and the Middle East.
Geopolitical tensions flare up again as the US warns Hong Kong over a megayacht owned by a Russian oligarch.
Finastra solution expands the functionality of Kotak’s new unified corporate portal to support multiple corporate banking segments.
Both the auto industry and public transport are failing us when it comes to the future. Most simply want to leave everything as it is, says Andreas Herrmann in a contribution for finews.first.
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