Despite the growing number of private banks adding crypto products and services to their offerings, Pictet’s Asia wealth chief thinks otherwise, underlining excessive volatility as the issue.
HSBC has announced the appointment of the newly created role of chief digital officer for the Southeast Asian region.
Around one-fifth of Chinese companies currently listed in the US may not qualify for the Hong Kong exchange, according to a report by CMB Wing Lung Bank, which could spell trouble due to the ongoing audit dispute.
Hong Kong’s central banking chief Eddie Yue has tested positive for Covid-19 and will undergo isolation.
DBS recorded its second best quarter ever by profits, driven by improved interest income from rapidly rising rates.
Credit Suisse's new CEO was put in charge of reviewing the bank's strategy reviewed. Even after only a few days on the job, Ulrich Koerner's plans are being criticized.
Executives at Credit Suisse are said to be discussing thousands of job cuts to bring its costs under control.
Applications from Chinese investors seeking regulatory clearance for stakes in US companies more than doubled last year, amid ongoing tensions between the two nations.
Just how bad is the current inflation environment and what does it mean for stocks? finews.asia talks to an economist who puts it into context.
Hong Kong-based AMTD Digital’s share price has surged by more than a hundredfold since its IPO last month, though there appears to be little reason for the extreme market optimism.
US House Speaker Nancy Pelosi landed in Taiwan yesterday, against the wishes of Chinese authorities who have repeatedly warned against the visit and vowed to retaliate in the midst of volatile markets and economic uncertainty. What say the banks?
Around a thousand shareholders gathered at the informal meeting in Hong Kong yesterday to hear HSBC deliver its group strategy update and respond to investor queries about its decision to reject Ping An’s breakup proposal.
The three Swiss blue-chip private banks delivered figures pointing to some challenges in their operations. How do UBS, Credit Suisse, and Julius Baer stack up when it comes to ESG?
OCBC recorded a robust increase in net profit for the second quarter, driven by a record performance from lending income.
Singapore-headquartered Sparrow has obtained a license to provide digital payment token services in the city-state.
The accounting regulator for public companies in the US said that it will not settle for less than «complete access» to audit papers, in yet another sign that Chinese firms listed in the country may have to face full compliance or delisting.
Last week Credit Suisse announced a new CEO along with terrible second-quarter results. He starts his first day in his new job seeing his institution downgraded.
HSBC is scheduled for an informal meeting with shareholders in Hong Kong today for an update on its group strategy. finews.asia reviews the various points of contention, including Ping An’s breakup proposal.
Bank of Singapore has hired an industry veteran from Standard Chartered to bolster its product capabilities in Hong Kong.
Indosuez Wealth Management has expanded its front office in Asia with the appointment of four new relationship managers.
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