An executive from independent wealth manager Rockefeller Capital Management reportedly said that prevailing challenges from geopolitics and the pandemic in China will impact the trajectory of expansion by foreign financial firms.
The Singapore regulator's chairman believes inflation will peak in the third quarter. In a speech, he also strongly defended crypto-related regulation.
The government of Hong Kong has newly stationed an officer in Brussels, Belgium to attract European family offices to invest in the city.
Bank of Singapore is the latest wealth manager in the region to turn positive on China, highlighting that the policy tightening for the internet sector has peaked.
France's Natixis Investment Managers has hired a former executive from Fosun to lead its business in China.
Fidelity’s investment management arm has announced the appointment of a new head of equities for Asia Pacific.
High inflation in the EU area and geopolitical uncertainties are some reasons why Europeans move assets to Switzerland. Yet as the country drifts further away from Brussels, going after these clients could become more complicated.
Former UBS executive to lead British lender's wholesale business in Asia.
J.P. Morgan has reportedly made internal announcements for the appointment of senior managers for the region’s financial institutions group.
ANZ has agreed to purchase insurer Suncorp’s banking arm as part of broader plans to grow its mortgage book.
Union Bancaire Privée recorded higher profits in the first half but saw total client assets shrink due in part to ongoing market turmoil.
HSBC is reportedly prepared to defend against Ping An’s proposal to break up the bank, with plans to announce a further acceleration of its strategy to shift resources to Asia.
Global banks believe that crypto markets have yet to bottom out with more pain to be felt later this year. Nonetheless, adoption by major players in the industry continues to be on the rise.
After the sale of Credit Suisse’s Zurich headquarters to the city of Zurich fell through, the buildings could go to South Korean companies.
Japan’s Sumitomo Mitsui Banking Corporation has appointed a new head of environmental, social and governance solutions for the region.
Citigroup recorded flat growth in income for the second quarter in Asia, with challenges such as headwinds from wealth management fees.
The deep impact of Covid-19 has prompted many of the city’s expatriates to leave. In a finews.first analysis, Christine Houston looks at how the professional community can recover.
US Securities and Exchange Commission chair Gary Gensler expressed doubts about reaching a deal to access the audit reports of Chinese companies, in an ongoing negotiation to prevent mass delistings.
HSBC will collaborate with financial software firm Finastra to offer FX services to mid-tier banks via an API-driven solution.
Mainland second-quarter GDP slows to 0.4 percent, reflecting geopolitical challenges and extensive, country-wide COVID-19 lockdowns.
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