Reliance Industries chairman Mukesh Ambani is reportedly setting up a family office in Singapore, adding another major win for the Southeast Asian wealth hub.
Binance has been hit with a hack that resulted in the theft of around $100 million of tokens issued by the crypto giant.
Amid concerns about its financial health, Switzerland’s most troubled lender has announced offers to repurchase debt securities totalling billions of dollars.
Talent outflows persist at Switzerland's second-largest lender, this time with the reported departure of a senior mergers and acquisitions banker.
Pictet Wealth Management has relocated a Geneva-based strategist to be its new chief investment officer for Asia.
Switzerland's most troubled lender is reportedly trying to find external funds to finance the spinoff of its advisory and investment banking business.
The Swiss National Bank has broken its silence over the nation's most troubled lender.
Thailand’s second-largest lender Kasikornbank is reportedly on an overseas hiring spree to fuel growth amid a slowdown in its home market.
South Korean authorities are reportedly set to make good on their plan to revoke Terra co-founder Do Kwon’s passport, in the latest development for the fallen crypto entrepreneur.
The possible sale of the business in Canada shows it is simply taking a piecemeal approach to the demands of its largest investor, a finews.asia analysis shows.
Citi has announced the appointment of a new chief financial officer for Asia Pacific, finews.asia has learned.
LA-headquartered asset manager Capital Group has expanded its intermediary business in Southeast Asia with a new hire.
Swiss pure-play Lombard Odier has signed a multi-year partnership for financial research focused on a transition to a circular economy.
Switzerland’s largest bank gets fined in the US for violation of short-selling regulations.
More than half of family offices in Hong Kong and Singapore are interested in adding exposure to cryptocurrencies, according to a Cerulli study, in a further sign of digital asset demand amongst the ultra-rich.
Outflows at Credit Suisse persist, this time with the reported exit of its deputy head of wealth management in Asia.
Billionaire investor Ray Dalio will give up control of Bridgewater Associates after first establishing the hedge fund more than four decades ago.
Troubled Swiss lender Credit Suisse continues to face pressure from all fronts, this time from the reported exit of a handful of private bankers in Hong Kong.
Japan’s MUFG Bank has announced the appointment of an Asia Pacific head of financial sponsor coverage.
HSBC continues to explore ways to improve profitability via market exits, this time with the potential sale of its Canada business.
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