Two London-based executives at Barclays have been relocated to join the British lender’s private banking unit in Singapore.
A few years after selling its own wealth management business in Spain, UBS will soon be serving wealthy clients on the peninsula again.
Hong Kong’s insurance sector is seeing the positive effects of China’s reopening with a nearly 27-fold increase in sales to visitors from the country.
As the use of artificial intelligence is spreading, it is becoming a threat to financial markets. Several banks have already banned it.
Crypto.com has obtained a major payment license from the Monetary Authority of Singapore, growing the number of such players in the city-state to over a dozen.
Hong Kong-based asset manager Value Partners welcomes a strategic investment by Chinese financial firm GF Holdings.
Deutsche Bank has hired a former Credit Suisse executive as its Southeast Asia vice chairman.
Singapore wealth manager Marcuard Heritage hires a former UBS private banker with over 30 years of experience.
Given the Greater Bay Area's cross-border nature, the 11-city megalopolis is fit to host central bank digital currency pilots, according to a white paper by Standard Chartered and PwC China.
Global law firm Mayer Brown has announced the appointment of a new chairperson for Asia.
Nearly one-third of family offices in the Asia Pacific region named geopolitics as the top concern, according to a UBS report, partly reflecting rising tensions in US-China relations.
JPMorgan's Jamie Dimon echoed statements made by US officials about the future of relations with China, including expectations of reduced trade.
London-headquartered Prudential’s chief financial officer has resigned from the insurer following a code of conduct investigation.
In other regions of the world, the heads of family offices are much more upbeat than in Europe. Everywhere, however, the belief in alpha remains unshakable.
New York-based JPMorgan to shifting its regional focus in Asia to invest more in Japan and Australia amid ongoing challenges in China.
Credit Suisse's takeover by UBS has impacted Credit Suisse's shares on the New York Stock Exchange.
Zurich-based Credit Suisse will reportedly abort plans to set up an onshore bank in mainland China to avoid potential regulatory conflicts caused by the merger with UBS.
Hong Kong virtual insurer Bowtie has topped the ranks in direct sales to customers with no intermediary involved, with around one-third of market share in the channel.
The opening of China’s financial sector has hit a speed bump, particularly amongst US banks, due to a changing business environment.
New York-based BNY Mellon has announced the appointment of a new chief executive for Singapore.
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